Tag : Embedded Finance
Exploring The Benefits Of Banking-As-A-Service And Embedded Solutions
In a twist that poses both a threat and an opportunity, the rise of Banking-as-a-Service and embedded finance is signalling the end of finance and banking as we know it. Let’s check it out. The concept of embedded financing is new, but its forerunners (such as store and branded credit......
Finastra Global Survey Shows Evolution of Open Banking and Growing Appetite for Open Finance
Almost half of financial institutions (48%) regard open finance as a ‘must have’ (up from 38% in 2021); 85% agree it’s making financial services more collaborative Finastra research reveals that Open Banking is now universally and unequivocally regarded as a key part of a bank’s landscape, with 99% of respondents considering......
Reltime Launches State-of-the-art, Global, Web3 Embedded Finance Platform
Reltime announces the launch of its one-stop-shop solution to fast-track embedded finance, especially designed for telecom operators, financial service providers focusing on specific target groups, neobanks, gaming and virtual sports metaverse companies, supermarket chains, shopping malls, e-commerce firms and others with a large customer base Named FastTrack to Embedded Finance and available......
Four Steps to Embedded Finance Success
Embedded Finance – inevitable, invisible, irresistible force in Fintech Two decades ago, 50 percent of bank transactions occurred on physical channels. In the course of time, 70 to 90 percent of transactions migrated to online, self-service modes. Now, with trends such as Embedded Finance taking hold, banks are seeing a......
Demand Grows for Convenience at the Checkout but Embedded Payments Remain a Mystery, According to Paysafe Consumer Research
75% of consumers plan to use embedded payments if they become more widely available* Embedded finance is one of the hottest trends in fintech, but despite the buzz about this transaction revolution across the industry, 49% of consumers have never heard of the term ‘embedded payments’ and while a further......
Rize Publishes New Whitepaper Covering the Future of Fintech 3.0
From Banking-as-a-Service to Embedded Finance at the SMB and Enterprise level, Rize delves into those who have guided the industry to where it is today Rize Money Inc., a fintech infrastructure platform, released a sequel to their original industry insight whitepaper in which they outline how the industry has developed......
E-Commerce and Digital Payments: What to Expect in 2022
The coronavirus lockdowns and restrictions have swiftly accelerated the move toward online shopping. Consumers have now grown accustomed to the convenience and simplicity of online retail. Today, over a quarter of the global population shops online. So, it’s imperative that retailers are equipped with the right tools to maximize revenue......
Global Processing Services Scoops $400 Million Funding; Eyes Innovations to Build Next-gen Payments Fintech Solutions
Global Processing Services upsizes round to over US$400 million with the participation of new investors to accelerate investment in next-generation payments technology; appoints seasoned payments executive as new Chair of the Board Global Processing Services has announced the closing and upsizing of its latest fundraise at over US$400 million. Temasek the global......