We’re excited to unveil our brand new logo and fresh new website designed for today’s #EmbeddedBanking era! Check out all the latest on https://t.co/hnSLNU7RhD
P.S. If you’re heading to #Money2020 next week come meet our team!
We’ll be at #Money2020 in Las Vegas! Come visit us at stand K4416 to see our latest #embeddedbanking solutions in action! To set a meeting with our team email us at [email protected]
Did you know that the average customer spends 4.2 hours on their mobile phone every day? And out of that, 50% of that time is spent on social and communication apps. That's where #EmbeddingBanking comes in as it brings financial services to the apps people are using.
Our answer is a resounding YES! Because by accelerating digital transformation and partnering with the right fintechs, legacy banks will not only be able to compete but will outshine challenger banks. Via @FinancialBrand@JimMarous https://t.co/KKm5fDNEwT
This report from @Oracle found that 60% choose their primary bank for their first mortgage. Guess how many use the same bank for their next home loan? A mere 32%! Why? Because customers want a personalized experience that anticipates their needs. #EmbeddedBanking
Long before open banking edges out credit cards, it will transform other aspects of the financial industry. In fact, we'll see the biggest impact in how it accelerates legacy bank's digital transformation. Via @andrewgilboy@Forbes#OpenBanking https://t.co/EYsXbhNXQN
It isn't fintechs that are forcing traditional banks to evolve. It's customers' demand for personalized financial services. And this is the driving force behind embedded banking. Via @ChrisJVersace@EllesEconomy#EmbeddedBanking#DigitalPayments
https://t.co/teTG3juXWo
But here's the thing. It's about so much more than a frictionless lending experience. Embedded banking is the stepping stone to providing the personalized financial service customers are looking for. Via @TrishaPriceFinT@Forbes#EmbeddedBanking https://t.co/PibutRRhX7
Embedded banking is the opportunity legacy banks have been waiting for. It enables these financial institutions to offer integrated experiences embedded in the customer's everyday life. Via @ztownsend@McKinsey#EmbeddedBanking#DigitalTransformation https://t.co/kKTZkfT5ns
FinTechs offer banking institutions an opportunity to stand out and differentiate themselves. And by partnering with the right fintech, traditional banks can accelerate their digital transformation. Via @Finextra#OpenAPIs#FinServ
https://t.co/dDUgzJmUMP
A fascinating look at how financial institutions are embracing technology and innovation to attract the next generation. Via @forrester#Banking#DigitalBanking#OpenBanking https://t.co/FVddkBAF5U
Why is this an important distinction? Because blurring the lines between banks and #fintechs misleads consumers. This is a welcome and much-needed move, and we're likely to see more regulators follow suit. Via @pymnts#DigitalBanking#Neobanks#FinServ https://t.co/jT4fW47J8M
What does it mean to embed your financial services in your customers' everyday lives?
✔️ Instant access to financial services through any app
✔️ Available in all messaging and social apps
✔️ Boost customer engagement
#EmbeddedBanking#SocialBanking#DigitalTransformation
APIs make the (digital) world go round. And nowhere is this clearer than when it comes to the financial industry. Thanks to APIs, banks can level up, making their services available as part of a digital economy. Via @psawers@VentureBeat#OpenBanking https://t.co/wUA1DG7F5H
The key to #DigitalBanking transformation starts with using data to understand customers and their needs. That's how traditional banks can provide their customers with the customized experience they have come to expect. Via @JimMarous@FinancialBrand https://t.co/pkSDG9Ny11
Legacy banks understand that to compete they need to embrace innovation. And yet, many lag behind. @DigitalBankRpt found that only 9% of banks describe themselves as "innovation pioneers". Could fintech help them bridge this gap? Via @JimMarous https://t.co/RDROFVv4MM
An eye-opening look at where and why traditional banks are investing in #fintech.
Banks are betting big on fintech for two main reasons:
1. The potential for high returns
2. To form strategic partnerships
Via @CBinsights#EmbeddedBanking https://t.co/xChQbp0uV8
#OpenBanking isn't just a nice addon or a shiny new offering. It's key to ensuring financial health and providing the personalized experience customers have come to expect. Via @Experian_US@Finextra#fintech https://t.co/DGKezs48vH