In the current difficult macroeconomic context, for the next two to three years banks can take advantage of embedded finance opportunity, which refers to the integration of financial services into the backend of nonfinancial third-party platforms, which, according to the report, is set to explode, with expected revenues reaching up to US$230 billion until 2025, which accounts for a tenfold increase. For example, banks could supplement shopping experiences with personal […]
New research conducted by Juniper Research in collaboration with Galileo Financial Technologies, a leading financial technology company owned and operated independently by SoFi Technologies, Inc., reveals most U.S. B2B businesses are not only familiar with embedded finance, but they are already offering an embedded finance solution. The top three critical business pain points being solved by embedded finance today are: customer retention, cash flow management and revenue growth. The research, published as the Galileo […]