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Embedded finance: Creating the everywhere, everyday bank.

By Michele Jordan posted Mon October 23, 2023 02:39 PM

  

Research insights from IBM Institute for Business Value.

BIAN, Red Hat and IBM collaborated to survey:

  • 1,000 executives from international financial institutions about the role embedded finance plays in their strategy.
  • 12,000 consumers of financial services across 12 countries to identify emerging embedded finance consumption patterns.

The research shares where banks can remove friction to accelerate transformation and how banks can make the most of the emerging opportunities.

Also highlighted are the three main players of the platform economy: Orchestrators, Partners and Users.

The entrepreneurial investment to be an Orchestrator could be steep, but the new revenue opportunities could be lucrative.

I am curious to know if financial institutions are taking on the role of Orchestrator? Use the comments to share your opinion about becoming an Orchestrator, is the risk worth the reward? 

Download the Embedded finance: Creating the everywhere, everyday bank research insights.



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