At a Glance: Emerging markets, characterized by rapid growth and industrialization, face challenges of financial inclusion. However, Banking as a Service (BaaS) offers potential solutions. By leveraging digital technology, BaaS enables affordable and accessible financial services, benefiting the unb…
At a Glance: BNPL programs offer customers a low or no-interest financing option and have become increasingly popular in recent years. Retailers who offer BNPL can benefit from a boost in conversions, an increase in the average ticket size, more repeat business, and reduced pressure on salespeople t…
At a Glance: Alternative financing provides entrepreneurs with funding options outside of traditional institutional finance, such as banks. It includes fintech services like consumer lending, equity financing, money transfers, payments, regulation management, and wealth management. Non-equity financ…
At a Glance: Automated loan decisioning accelerates loan disbursal, increases loan volume and customer satisfaction, and expedites operational tasks. This process involves collecting customer data, third-party data, behavioral data, and analyzing and processing the data using an AI decision engine. …
At a Glance: Banking as a Service (BaaS) enables non-banking companies to provide banking services to their customers by utilizing a financial institution’s infrastructure. BaaS comprises four players: end customers, businesses and brands, fintechs, and BaaS providers. BaaS providers can make …
At a Glance: Buy Now, Pay Later (BNPL) options are increasingly popular, benefiting both merchants and customers. Typically, customers are given the choice of paying in full at checkout or opting for BNPL alternatives, which include paying in installments over time or in full after 30 days. BNPLR…
At a Glance: Previously, healthcare financing relied on in-house payment plans or healthcare loans. In-house payment plans allowed patients to pay for medical expenses in smaller installments without interest, but posed financial risks for medical practices. Healthcare loans had lower interest rates…
At a Glance: Embedded finance is a current reality that involves integrating financial services into non-financial services to create new revenue streams and engage customers in innovative ways. It simplifies the process of offering fintech solutions to users and allows businesses to utilize APIs to…
At a Glance: Banking as a Service (BaaS) is a financial concept that allows non-financial companies to offer financial services to customers using a financial institution’s infrastructure via an API. BaaS simplifies the process of accessing financial products and offers businesses faster and m…
At a Glance: Fintech companies have transformed the business-to-business (B2B) payment space, providing more secure, efficient, and cost-effective digital payment options. Traditional B2B payment methods, such as checks, wire transfers, and credit cards, have their own set of disadvantages, includin…