ERP Banking_continued
In my first post I gave an overview of ERP Banking and of its importance https://t.co/WhuR6cgMAF
In this new post I add some graphics that should further help to visualize the concept and appreciate the technical requirements to m…https://t.co/nROzebQfR3
ERP Banking
#openbanking is a paradigm that allows #corporations to connect their enterprise software dashboard directly to #banking core systems through #apis. This way, they can access and manage their financial data and transactions more efficiently a…https://t.co/m2o27RD0JO
#EmbeddedFinance and Banking-as-a-Service (#BaaS) are transforming the #financial industry, but require clear and consistent definitions to avoid confusion and ambiguity.
This report presents a comprehensive overview of the embedd…https://t.co/2cWONCkRpe https://t.co/mpbpxGFFNA
If you want to know more, join me this Thursday 25th on this web meeting https://t.co/dtfYRll1WL
We will cover the embedded capabilities for #corporatebanking#insurance and #healthcare#payments https://t.co/yg5dnvX3AQ
My latest report just published proposes a framework to map "who does what?" in #baas, #embeddedfinance and #embeddedbanking: https://t.co/mpbpxGFFNA https://t.co/hAK7MVtolu
My latest report The BaaS and Embedded Finance Ecosystem: A Reference Framework is now out ().
So What?
This is my contribution to set clarity on the definitions of #baas, #embeddedfinance and #embeddedbanking.
In essence:
#baas…https://t.co/Rdm6BtMofY https://t.co/mpbpxGFFNA
Nice reading that validates my findings. We are perfectly aligned.
There is one scenario item Jesper Domargård that you should equally cover: when the adopter of embedded finance is not a non-FI (as in the case of your article) bu…https://t.co/Vavn3FrKkX https://t.co/TTaZ2MFFTo
The most significant "So What?":
AI-based applications will soon expand from AML and fraud detection transactional support
to embedded “decision support agents”
for corporate finance. https://t.co/KC7t4K5Ck4
This picture depicts the #baas and #embeddedfinance ecosystem I described in my recent post.
Soon everything will be fully described in a report. https://t.co/TSO3gTh6YR
#embeddedfinance and #bankingasaservice (#baas) are transforming the #financial industry and it is important to establish clear and consistent definitions for both.
The key findings from my research follow:
> The players involved are the originators, who…https://t.co/Fbw6XN1YUr
As the #banking landscape continues evolving and corporate clients demand more personalized, convenient, and seamless experiences, traditional #financial institutions (#FIs) face increasing pressure. #B2B marketplaces can help FIs…https://t.co/alvaq8FOMw https://t.co/RzoJNCQWmm
#financialinstitutions look at #bankingasaservice and #embeddedfinance as a way to go direct to their clients instead of waiting that clients go to them.
Financial institutions must be aware that this approach increases the level…https://t.co/icOdK7ks9i https://t.co/iAV2ixc0n8
The most important "So What?": if #regulatory#compliance was perceived by #banks as a strong opponent to their competitive efforts against #fintechs, with #embedded#banking the story is quite the opposite: regulatory compliance is a PREREQUISITE for a R…https://t.co/PxTUt4gH9L
With this post I want to prove that #embeddedfinance is not only about #financial#applications consumed “as-a-service” in a transparent way to the user.
The key element is that the user can find support from a #decision#support “#agent” embedded with th…https://t.co/vADgY5CcyS