Hyundai Launches Hyundai Pay to Enable In-Vehicle Payment
Hyundai Motor America has introduced Hyundai Pay, a system that allows customers to make payments through their vehicle’s touchscreen, leveraging securely stored credit card information. In partnership with Parkopedia, Hyundai Pay’s first service focuses on parking payments, enabling US drivers to find, reserve as well as pay for parking at 6,000 locations from within their […]
Insurtech UK’s New CEO Sets Ambitious Agenda For Insurance Innovation
Melissa Collett, who has taken the helm as the new CEO of Insurtech UK, is gearing up to spearhead a range of initiatives aimed at transforming the insurance industry through technology as well as positioning the UK as a global leader in insurance innovation. Insurtech UK, the world’s largest formal insurtech alliance, boasts a membership […]
CFPB Report Examines Big Tech’s Influence on Mobile Payments
The Consumer Financial Protection Bureau (CFPB) has released a report shedding light on the significant role that Big Tech companies, namely Apple and Google, play in regulating ‘tap-to-pay’ functionality on mobile devices such as smartphones and smartwatches. Currently, Apple prohibits banks and payment apps from accessing tap-to-pay features on its iOS devices, while Google’s Android […]
Countdown Has Started for UK Crypto Firms to Meet New FCA Marketing Standards
Crypto marketing has long been a point of contention. Many exchanges and platforms implement ‘refer a friend’ incentives and promise top-end security, yet there have been various examples of consumers being let down by their custodians. To ensure this doesn’t happen again, the Financial Conduct Authority (FCA) has set up new crypto marketing standards in […]
Closing the Gender Investment Gap: InvestEngine Partners with FemaleInvest
Investment platform InvestEngine is joining forces with FemaleInvest to address the gender investment gap, a pressing issue highlighted by research that underscores significant disparities in how men and women approach financial risk and reward. FemaleInvest, an organisation dedicated to empowering and educating individuals with a primary focus on women, has drawn attention to the fact […]
Airwallex Launches ‘Airwallex for Startups’ Campaign to Support Hong Kong Entrepreneurs
Airwallex, the global payments and financial platform for businesses, has introduced ‘Airwallex for Startups’, an initiative tailored exclusively for Hong Kong entrepreneurs, aimed at bolstering their global expansion endeavours. The campaign is a collaborative effort with Hong Kong flagship incubators as well as local business partners, reinforcing Airwallex’s commitment to Hong Kong’s economic growth and […]
Creator Economy Still Thrives Globally Despite a Drop in US Creators Finds Stripe
Despite the general view towards the creator economy being that the hype has slowed down, Stripe data suggests that the economy has not only evolved but is also thriving. Following its 2021 creator economy index, which identified the US as a breeding ground for content creators, the consensus in 2023 is that the economy has […]
Universal Praise for Monzo as It Puts a “Dent in Fraud” With Status Call Feature
There is no worse feeling than getting a call from ‘your bank’ when you’re not expecting it. Sometimes, the person on the other end of the line seems legitimate but there’s always a smidge of doubt that the call could be some sort of scam. Looking to put its customers at ease in this situation, […]
UK Government LLM Preparedness to be Tested as Inquiry Opened Into Tech’s Development
According to findings from ResearchAndMarkets.com, large language models (LLMs) are going to catalyse the generative AI market as it continues to grow. In fact, it is projected to reach $51.8billion by 2028. Governments around the world are looking to capitalise on the technology and the UK is no different. Beginning on 12 September, the House […]
Catalysing Sustainable Finance: Emirates NBD Vision for a Greener Future
Emirates NBD, a banking group in the MENAT (Middle East, North Africa, and Türkiye) region, is taking significant steps towards sustainability. In preparation for COP28, the bank has unveiled a comprehensive sustainability strategy that encompasses multiple initiatives aimed at fostering sustainability across the region. Central to this strategy is the introduction of Emirates NBD’s Sustainable Finance […]
