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Company Insights
NewWorldline – Competitor Profile
Worldline Group is one of the world’s leading payment and transactional service providers, offering end-to-end solutions covering the entire payment value chain. It has omnichannel solutions for merchants, banks, acquirers, payment services providers (PSPs), businesses, and governments. Worldline operates its services in 170 countries, supporting payments in 140 currencies. Worldline operates through three segments—Merchant Services, Financial Services, and Mobility & e-Transactional Services—offering acquiring and processing, card issuing processing, clearing and settlement, open banking, and mobile banking services. Previously, it had...
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Thematic Analysis
NewAutonomous Vehicles in Insurance – Thematic Intelligence
The primary challenges to the insurance industry relating to autonomous vehicles are largely technological and regulatory. More specifically, insurers need to understand the impact of in-car technology on collisions to accurately quantify the risk of a vehicle. They also need to understand the cost of this technology and how it is likely to change over time so that they can manage these costs. To fully understand the potential of autonomous vehicles on road safety (and ultimately insurance premiums), insurers are...
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Sector Analysis
NewBulgaria Cards and Payments – Opportunities and Risks to 2028
GlobalData’s ‘Bulgaria Cards and Payments: Opportunities and Risks to 2028' report provides detailed analysis of market trends in the Bulgarian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, credit transfers, cards, direct debits, and cheque during the review-period (2019–23e). The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, transaction values and volumes during...
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Analyst Opinions
NewUnited Kingdom (UK) Bancassurance Distribution Dynamics and Future Market, 2023 Update
United Kingdom (UK) Bancassurance Distribution Market Overview Bancassurance represents a strategic alliance between banks and insurance companies, designed to offer customers the convenience of purchasing insurance products in conjunction with banking services. The banking channel accounts for the highest share of total personal and commercial lines distribution in 2023. App purchases through the bank channel increased with no other channel recording a higher proportion of purchases via apps. This could be because of banks’ intensified focus on digitalization, resulting in...
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Company Insights
NewHuawei Pay – Competitor Profile
Huawei Pay was launched in 2016 via a collaboration between payment scheme China UnionPay and smartphone brand Huawei, with the aim of competing in China’s exponentially expanding mobile payments market. Huawei Pay offers a ranges of payment services, including in-app and in-store payments. It offers both NFC payment as well as QR code payments for in-store purchases. To ensure privacy and security for payments, Huawei Pay utilizes tokenization and biometric authentication such as fingerprint recognition. Challenging the dominance of established...
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Macroeconomic Analysis
NewGlobal Risk Report Quarterly Update – Q1 2024
Global Risk Report Overview In Q1 2024, global geopolitical risks are at a tipping point with key hotspots threatening international stability. Conflicts in the Middle East, which contribute to shipping disruptions and inflationary pressures threaten global trade. Meanwhile, recent developments on the Korean peninsula, including Pyongyang's shift in reunification goals have raised concerns about rising tensions. These dynamics highlight the critical need for strategic diplomacy and risk management efforts to navigate today's global landscape. the potential dangers of uncontrollable self-aware...
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Sector Analysis
NewKuwait Cards and Payments – Opportunities and Risks to 2028
Kuwait Cards and Payments Market Report Overview The annual value of card transactions in the Kuwait cards and payments market was $126.6 billion in 2023 and the value will grow at a CAGR of more than 6% during 2024-2028. Kuwait’s payment card market is growing, driven by the combined efforts of the government and financial institutions to promote electronic payments. In addition, a developing and expanding payment acceptance infrastructure has encouraged consumers to use electronic payments for day-to-day transactions. Kuwait...
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Sector Analysis
NewSlovenia Cards and Payments – Opportunities and Risks to 2028
Slovenia Cards and Payments Market Report Overview The annual value of card transactions in the Slovenia cards and payments market was $12.2 billion in 2023 and the value will grow at a CAGR of more than 8% during 2024-2028. The country’s payments market is considered fast-developing because of the consistent surge in technological innovations and the launch of new banking and payment services. This is supported by government initiatives to improve banking penetration, increasing financial knowledge among citizens, and efforts...
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Product Insights
NewUnited Kingdom (UK) Private Landlord Insurance Market Analysis and Competitive Landscape
United Kingdom (UK) Private Landlord Insurance Market Report Overview The UK residential landlord insurance market gross written premium (GWP) in 2023 was estimated to be GBP911.7 million. The market has mainly been driven by the effects of higher inflation and supply chain disruptions driving up the cost of rebuilding property. and will grow at a CAGR of more than 3% during 2023-2028. The growth is attributed to the effects of higher inflation and supply chain disruptions driving up the cost...
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Company Insights
NewStripe – Competitor Profile
Stripe is a global payment services provider. Founded in 2010, the solution allows online merchants and vendors to accept payments for products and services offered through their own websites and mobile apps, as well as for those offered through third-party online marketplaces and platforms. Stripe works on all web-enabled devices. It has been deployed by a host of businesses globally, including online merchants, marketplaces, and platforms. The solution allows businesses to accept payments in over 135 currencies through more than...
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