Companies across various sectors, from travel to retail and everything in between, are recognizing the value of embedded finance by creating super-apps or platforms that incorporate a variety of types of services (including financial) to enhance customer loyalty and create new revenue streams. Embedded finance is transforming financial services ac...
11 December 2024 /payments /retail
From evolving lending practices to new competition, and changing fraud risks and compliance needs, banks are constantly adapting to a shifting landscape. Below are 10 mega trends in banking: More RegTech Spending to Comply with Increasing Regulatory Scrutiny: With global financial regulations becoming more stringent, banks will also face increased ...
16 February 2024 /predictions Banking and Lending Solutions
Recent holiday shopping season data showed U.S. shoppers spent $16.6 billion dollars using BNPL plans, with BNPL volume increasing 14% year-over-year. A survey by the Federal Reserve Bank of New York showed 64% of respondents had been offered a BNPL loan, and 29% of that group had used it as a payment method within the past year. BNPL is also gro...
30 January 2024 /payments /inclusion BNPL
Kim EvansDirector, Marketing Communications at Provenir
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