Conventional wisdom: Buckle down and cut costs during times of economic uncertainty. In the “Embedded Finance Tracker®,” Global Rewards’ Isaac Itzkowitz asks, why not buck the trend — and invest in critical tech to be ready when the economy comes roaring back.
A troubled economy continues to take its toll on small to midsized businesses (SMBs). Just half of small business banking customers are now considered financially healthy. Of the rest, half are cash- or capital-constrained, and half are financially vulnerable. As a result, businesses are trying...
Modulr has reportedly expanded its embedded payments offerings to France and Spain. With this expansion and a layer of localization, French and Spanish firms can use Modulr’s embedded payments offerings to boost their competitiveness both within their country and across the United Kingdom and the European...
Embedded finance would not be possible if not for Banking-as-a-Service (BaaS), a fee-based model that allows nonfinancial companies to offer financial services to their end users by connecting directly with banks’ systems using application programming interfaces (APIs). This connection enables third parties to leverage banks’...
October 14, 2022
Digital services have become par for the course in modern banking, and banks are scrambling to offer the most impressive experiences. Some of the most common services banks offer include automated account validation, digital lockboxes and immediate transaction confirmation, but these represent just a small fraction of the possibilities that digital innovation can bring. Customers […]
June 29, 2022
Digital services became table stakes for financial institutions (FIs) of all types when the pandemic shut down thousands of physical branches and forced countless more to reduce hours. The added...
May 05, 2022
Nearly three-quarters of working United States millennials are now involved in their companies’ purchasing, operational and organizational decisions. The same priorities driving their business-to-consumer (B2C) payment choices — convenience, flexibility,...
June 21, 2023
Modulr has reportedly expanded its embedded payments offerings to France and Spain. With this expansion and a layer of localization, French and Spanish firms can use Modulr’s embedded payments offerings to boost their competitiveness both within their country and across the United Kingdom and the European Economic Area (EEA), Fintech Finance News reported Wednesday (June 21). Modulr did […]
