Articles

  • Dec 11, 2024 | finextra.com | Kathy Stares

    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 access, integrating them directly into everyday consumer activities.

  • Dec 4, 2024 | mytotalretail.com | Kathy Stares

    Embedded finance refers to the integration of financial services into non-financial platforms, enabling businesses such as retailers to offer banking, lending, insurance and payment services directly within their existing products. This can improve customer satisfaction, loyalty and open new revenue streams. In fact, one study predicts that embedded finance revenue will increase 148 percent from $92 billion in 2024 to $228 billion in just four years.

  • Apr 12, 2024 | globalbankingandfinance.com | Kathy Stares |Wanda Rich

    By Kathy Stares, Executive Vice President of North America for ProvenirTo truly thrive in 2024 in an increasingly competitive industry, financial institutions need to provide consumers with world-class customer experiences, while adapting to a shifting marketplace. From evolving lending practices to new competition, and changing fraud risks and compliance needs, below are the top 10 trends that will impact the financial services landscape in 2024.

  • Mar 6, 2024 | fintecbuzz.com | Kathy Stares

    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 compliance demands. This is illustrated by the growth in regtech which is projected to reach $87.17 billion by 2028.

  • Feb 8, 2024 | finextra.com | Brandon Spear |Rajat Deshpande |Naina Rajgopalan |Kathy Stares

    Financial inclusion – providing equitable access to financial services for disadvantaged groups – has been a persistent talking point across the banking industry in recent years. However, progress has been modest. According to the World Bank Group, an estimated 1.4 billion adults globally are unbanked, lacking even basic bank accounts.

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