Explore Our Content - embedded finance
The Covid-19 pandemic has seen a massive acceleration in the adoption of digital payments. In what McKinsey called “The Quickening,” US e-commerce penetration saw a decade’s growth in three months during the pandemic, instigating a sea change in how customers order, pay, and interact online.
In a digital-first economy, every firm that processes transactions have a financial services component as a part of its customer experience. Embedded finance provides the opportunity for companies to make this component of their customer experience as simple and engaging as possible, while increasin
When it comes to retaining and growing business, ‘stickiness’, or the ability to keep customers engaged with your service, both while using it and repeatedly over time, is essential. Customer stickiness helps you close more transactions by keeping them engaged, while an experience that keeps custome
Embedded finance has the potential to touch every part of the business landscape, as non-bank companies integrate financial services into their existing experience. Indeed, embedded finance revenues are predicted to reach $140.8 billion by 2025 In this new landscape is the implicit recognition that,
If the world of payments has taught us one thing, it’s that keeping up with the changes holds the power to keep both customers and business partners satisfied. As more companies are exploring the potential of integrating financial services into their internal (suppliers) and external (customer) paym
The future of finance is embedded, but what does that mean? Embedded finance is when a non-financial company integrates financial services into their customer engagement platform. Since the pandemic, many retailers have already made the shift to opening online stores as buyers want to shop from the
Orenda customers will be able to embed an array of no-code configurable financial services products and features across multiple geographies. LONDON, 21 October 2021 – Embedded financial services platform Orenda today announced it joined forces with global payments and card issuance leader Nium in a
By providing employee expense cards and advanced expense management software, businesses can optimise their payroll, T&E/per diem, and payouts & disbursements. These changes alone can save businesses time and drastically reduce operational costs.