Blog
Opportunities in the recession for Fintechs
Tuesday 11 October 2022
The entrepreneurs who believe that big challenges present big opportunities have found themselves in the right place at the right time. With inflation running hot and the Federal Reserve raising rates, small business confidence has never been lower. Over 70% of small business owners taking part in the CNBC/SurveyMonkey Small Business Survey said the U.S. economy is
- Published in Blog
4 common traits of companies that succeed in Embedded Finance
Tuesday 04 October 2022
When a company that isn’t a financial institution integrates financial services into their customer experience, we refer to it as embedded finance. As consumers, we have grown accustomed to taking advantage of the frictionless benefits of embedded finance. By making financial services a by-product of the apps they use and the goods and services they
- Published in Blog
Building biometric identity systems for anyone
Tuesday 04 October 2022
Building biometric identity systems for anyone The rapid emergence of biometric solutions has led to the improved security and usability of countless digital devices. A quick glance at a smartphone with facial recognition can unlock it and using voice recognition can make accessing telephone banking simpler than ever before. Despite these advancements, not all people have
- Published in Blog
Chasing cash for content: Embedded finance solutions can help creators
Tuesday 27 September 2022
The increase of brand awareness and engagement on social media usage for the better part of a decade has created two types of content architects—the individual creator and the corporation. The individual creator is generally self-employed, operating a small business and managing social media engagement to monetize the brand. On the other hand, big tech
- Published in Blog, Embedded Finance
Spotlight Europe: At the end of the beginning? Where are we with open finance?
Tuesday 27 September 2022
Few innovations have made as big an impact as open banking has across the financial ecosystem in recent years. Thanks to the use of open application programming interfaces (APIs), a comprehensive framework that enables third-party developers to build applications has been created. A range of consumer banking details can be shared, with consent, to unlock
- Published in Blockchain, Blog
Empowering consumers and innovators with open data
Tuesday 20 September 2022
Brad Carr, National Australia Bank’s (NAB) Executive, Digital Governance and Industry Engagement, explores how we can enable an open data ecosystem that extends beyond sector boundaries, to empower consumers and innovators. Addressing ‘What could the perfect ecosystem look like?’, I’m inclined to firstly argue with the premise of the question. I don’t know what the
- Published in Blog
A price comparison for retailers: Create seamless experiences or get left behind
Tuesday 20 September 2022
The COVID-19 pandemic completely transformed the way that consumers shop, and many of these new practices have been shaped into our daily routines. Digital transformation has been sweeping businesses across the world, and retailers have been no exception. At the onset of the pandemic there was an astronomical boom in e-commerce, with sales increasing around
- Published in Blog
Financial activism – can fintech save the world?
Tuesday 06 September 2022
Financial activism – can fintech save the world? Consumers and businesses alike have faced some of the most challenging years in recent memory due to the financial impact of the pandemic. With spiralling inflation, a recession on the horizon and supply chain problems set to further impact the cost of living; can innovative fintechs help
- Published in Blog
Boosting savings with payments
Tuesday 06 September 2022
New Research: Digital Payments and the New Opportunity to Increase Savings (Charvi Gandotra, Senior Strategy and Innovation Manager, Commonwealth) The adoption of digital payments solutions, including peer-to-peer apps, digital wallets, and contactless payments apps, has seen significant growth since the start of the COVID-19 pandemic. In fact, 59% of Americans now use more apps to
- Published in Blog
Greener Pastures: Driving building society membership through sustainable strategy
Tuesday 30 August 2022
Building societies are nothing without their communities. This has always been the case for the sector, widely lauded for its personalized and cooperative approach to banking and customer service. The challenge building societies face now is maintaining that level of commitment to their communities, whilst incorporating greener strategies and climate-friendly services for members. With the
- Published in Blog