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France-based Zaion has announced that it secured EUR 11 million in a fundraising round led by 115K, with the company planning to further improve European customer services in the banking and insurance sectors.
funding, investment, artificial intelligence, banking, insurance
Safaricom’s global solution M-PESA has partnered with Awash Insurance to improve insurance payments and create financial inclusion and customer convenience in Ethiopia.
partnership, payments , insurance, digital payments, cross-border payments
ePayPolicy has announced the introduction of a new solution, Quotes and Invoices, as part of an ongoing series of updates to its insurance payments platform.
insurance, product launch, e-invoicing, payments , platform
Columbia Insurance Group (CIG), a mutual insurance company specialising in comprehensive property and casualty insurance for SMEs, has selected One Inc’s digital payment solutions PremiumPay and ClaimsPay for both inbound and outbound payments.
digital payments, SMEs, partnership, insurance, real-time payments
One Inc has revealed that GoAuto Insurance has selected its ClaimsPay and PremiumPay products to develop an integrated payment experience for policyholders.
online payments, ecommerce, partnership, payments , insurance
O2 Telefónica, in partnership with ERGO and Telefónica Insurance, has unveiled an embedded insurance offering via smartphone.
embedded finance, insurance, product launch
ePayPolicy has announced its membership in the National Association of Mutual Insurance Companies (NAMIC) trade organisation.
insurance, digitalisation, product upgrade, partnership
The Superintendence of Private Insurance (Susep) has announced the publication of key regulations to refine the Open Insurance (OPIN) programme.
insurance, regulation, Open Finance
AI data-driven on-demand embedded solutions provider YAS has partnered with QBE Hong Kong to introduce Pay-As-You-Sell product liability insurance for ecommerce merchants across Hong Kong.
partnership, insurance, insurtech, ecommerce, merchant
Oana Ifrim, Lead Editor at The Payers, reviews the evolution of Embedded Finance and BaaS in 2024 and shares thoughts on what’s coming next.
embedded finance, BaaS, fintech, financial services, embedded payments, banks, lending, insurance, regulation, financial inclusion, compliance
Embedded Insurance platform Embri has announced that it expanded its suite of products to include embedded bike and high-end tech insurance.
product launch, insurance, insurtech, payments , fintech, POS
partnership, risk management, insurance, customer experience
US-based digital payments provider Checkout.com has entered into a collaborative agreement with Sure to improve payments for digital insurance.
partnership, digital payments, insurance, insurtech, online payments
Embedded Insurance solutions provider Open Insurance has partnered with CUPRA Australia to provide a fully integrated car insurance experience for the latter’s clients.
partnership, insurance, insurtech, fintech, customer experience, customise solutions
Open Insurance system in Brazil has processed around 16.5 million transactions between September 2023 and September 2024, based on data from Susep.
insurance, research, Open Finance, financial services
One Inc has announced an expanded collaboration with JP Morgan Payments, aimed at offering a unified payment experience for Property & Casualty (P&C) insurance clients.
partnership, insurance, digital wallet, digital payments
Lars Markull, Embedded Finance adviser, highlights that non-financial companies can earn through direct charging, kickbacks, data insights, and increased usage of their core products.
embedded finance, fintech, brands, payments , banking, lending, insurance, investment
Frank Breuss, CEO and Co-founder of Nikulipe, discusses the importance of mobile money in the African continent, highlighting the evolution of M-PESA as a catalyst for digitalisation.
mobile payments, mobile money, financial services, digitalisation, ecommerce, unbanked, mobile banking, insurance
Jovi Overo, Managing Director at Unlimit’s BaaS division, explores industries currently benefitting from Embedded Finance, B2C use cases, and regulatory changes in the fintech sector.
embedded finance, BaaS, fintech, ecommerce, financial services, insurance, regulation, financial inclusion
Saudi-based fintech savings platform Hakbah has entered into a partnership with Tawunniya Insurance to provide its customers with life insurance coverage during their Jameya time.
partnership, financial services, financial inclusion, fintech, insurance