Spotlight Europe: At the end of the beginning? Where are we with open finance?
Tuesday 27 September 2022
Few innovations have made as big an impact as open banking has across the financial ecosystem in recent years. Thanks to the use of open application programming interfaces (APIs), a comprehensive framework that enables third-party developers to build applications has been created. A range of consumer banking details can be shared, with consent, to unlock
- Published in Blog, Uncategorized
Boosting savings with payments
Tuesday 06 September 2022
New Research: Digital Payments and the New Opportunity to Increase Savings (Charvi Gandotra, Senior Strategy and Innovation Manager, Commonwealth) The adoption of digital payments solutions, including peer-to-peer apps, digital wallets, and contactless payments apps, has seen significant growth since the start of the COVID-19 pandemic. In fact, 59% of Americans now use more apps to
- Published in Blog
Rethinking financial services to unlock inclusive DeFi
Tuesday 05 July 2022
The traditional banking systems in place across the world have served billions of people and allowed them to save, invest and borrow for decades. But there are also billions of people who have been left behind as the conventional banking offering fails to meet their needs and they find themselves being excluded from the global
Zumo launches pioneering full-stack B2B crypto solution
Tuesday 31 May 2022
Zumo, the Edinburgh-based crypto wallet and payments platform, has announced the launch of Zumo Enterprise, its new B2B ‘Crypto-as-a-Service’ solution that enables companies to offer crypto products and services to their customers. The first of its kind in the UK, Zumo Enterprise is the market’s only full-stack, embedded crypto solution. Zumo Enterprise allows fintechs and
- Published in Blog, Content, Fintech, Innovation, Press
Who are the enablers behind Walmart Financial Services?
Tuesday 10 May 2022
Connecting Underserved Communities to New Financial Technologies
Tuesday 03 May 2022
Underserved communities have historically had a tepid relationship with financial institutions, but emerging technologies in fintech has opened new doors – and opportunities – for this demographic. Data from the FDIC in 2019 revealed approximately 7.1 million U.S. households were unbanked, meaning they did not have a checking or savings account in a bank or
Changing Banks’ Approach to Financial Wellness
Tuesday 19 April 2022
Changing Banks’ Approach to Financial Wellness Fintechs are finally having their moment in the sun. Last year, venture capital firms showered fintechs with record-breaking funding – a 169% increase since 2020 according to CB Insights’ 2021 State of Venture Report – and that’s just the tip of the iceberg. Researchers predict funding will surge beyond
- Published in Content
Taking a jobs-to-be-done approach to embedded finance
Tuesday 19 April 2022
Taking a jobs-to-be-done approach to embedded finance The logic of embedded finance is obvious, what’s needed is to bring it to life. Embedded finance is transformative “Software is eating the world, and #embeddedfinance is its chocolate sauce on top” – Shaul David, Head of Growth at Railsbank (Twitter) Embedded finance is transformative. And people are
- Published in Content
The Metaverse and Me – What does it mean for Retailers
Tuesday 15 March 2022
The rise of Super Apps
Tuesday 08 March 2022
Already in widespread use in China and other nations, super apps are yet to reach mainstream appeal across the West. While individual smart phone apps are extraordinarily popular, few of these applications offer more than a few core services to users. In China, WeChat is the definitive super app, with users being able to do