Mon, 05 Feb 2024
A comprehensive exploration of embedded finance perspectives from Benelux Bankers
The financial landscape is undergoing a profound transformation with the advent of embedded finance challenging traditional banking models. This white paper delves into embedded finance through insightful interviews with industry leaders from banks that look for their place in this new reality, exploring strategic imperatives, challenges, and the transformative impact it brings to the financial services ecosystem.
We spoke to representatives of ABN AMRO Bank, KBC Bank, Rabobank and OpenPayd, each of whom shared their organisation's own unique vision, approach, challenges and use cases in embedded finance. We explicitly searched for those institutions that look beyond payments, effectively transforming the way we bank.
This white paper sheds light on what makes them successful and what challenges they faced, or still face, in embedding their products in services elsewhere. We reveal recurring patterns that shape the embedded finance landscape. Customer-centric transformation, collaboration, technological innovation, mindset shifts, and addressing consumer trust and perception are vital elements influencing financial institutions' strategic direction.
We invite you to download the paper by clicking the button below and please join the discussion by sharing your insights, opinions and embedded finance stories on our LinkedIn group here.