Aparadigm shift is underway in the rapidly evolving landscape of financial services. Traditional banking models are increasingly giving way to innovative, tech-driven solutions that seamlessly integrate finance into everyday experiences. At the forefront of this revolution are embedded finance solutions providers, the architects of a new era in financial services.
This transformative journey is reflected in the staggering growth projections of the global embedded finance market, which is poised to reach a valuation of USD 730.5 Billion by 2032 with a remarkable CAGR of 29 percent forecasted during the period of 2022 to 2032. This exponential expansion is largely fueled by the surging adoption of digital payments and the integration of finance into non-financial platforms.
This edition on Embedded Finance 2024 presents a comprehensive overview of the latest trends, challenges and opportunities shaping the landscape of embedded finance, with valuable insights for navigating the dynamic terrain.
The edition features an opinion piece from Douglas Wilkerson, senior mortgage broker at Edge Home Finance, who delves into the challenges and innovations in the real estate and mortgage industries during a transformative period. It also brings to light valuable insights from Darrin McLaughlin, chief technology officer of Lake City Bank, who discusses how artificial intelligence is transforming the fintech sector by enhancing customer experiences, improving fraud detection, enabling data-driven decision-making and streamlining compliance and risk management processes.
In addition to these, the edition brings a thought leadership article from Sandra Williams, senior vice president and senior credit officer at Liberty Bank - CT, who delineates on the evolution of training programs in the banking industry, from the decline and eventual resurgence of in-house training programs. She explains how these programs blended with on-line training and external resources will help develop highly skilled commercial bankers and future leaders in finances.
We hope this edition featuring embedded finance solutions providers helps you find the best partner to navigate the evolving financial landscape and drive innovation and growth in your organization.
