Digital tools for digital inclusion
Monday 27 September 2021
Millions of people in the UK and around Europe are excluded from essential banking services. From challenges with managing money to physical accessibility barriers, more needs to be done by building societies and credit unions to ensure all citizens are able to utilise cutting-edge financial tools. Nationwide Building Society recently introduced new bank cards that are the
- Published in Content
Regtech and the Mutual Sector
Tuesday 07 September 2021
How Regtech is boosting agility and improving the adoption of emerging technologies The increasing regulatory burden placed on credit unions is costing them billions in compliance costs. According to the Credit Union National Association (CUNA), US credit unions spend more than $6 billion a year on dealing with regulatory compliance and this figure is growing by hundreds of millions of dollars
- Published in Content, Fintech, FTT Building Societies
What can UK credit unions learn from the US?
Tuesday 31 August 2021
What can UK credit unions learn from the US? There’s no question, the role of credit unions has shifted dramatically in recent decades. From the move to online banking and the growth of digital platforms, leading building societies have placed innovation at the center of their vision for the future. But as customer reliance on physical branches falls, all
- Published in Diversity and Inclusion, Fintech, FTT Building Societies
Be the boss you want to have: The Fintech Leaders Series
Tuesday 31 August 2021
Be the boss you want to have: The Fintech Leaders Series Leaders build companies and create products and inspire teams in large and small organizations in many different sectors around the world. They are the type of people that not only produce great results but attract and retain the talent who go on to serve
- Published in Embedded Finance
Embedded Finance: Why we are at an inflection point
Tuesday 31 August 2021
Embedded Finance: Why we are at an inflection point A large majority of Americans own smartphones, and nearly two-thirds of those consumers make purchases using their devices. It’s clear that the U.S. consumer market of the future is going to center around embedded digital experiences, with financial functionality incorporated into commercial apps and websites. In
- Published in Embedded Finance
Driving Financial Inclusion with Embedded Finance
Tuesday 24 August 2021
This summer, we experienced first-hand a demonstration of what inclusion in the sports world looks like through the Tokyo Olympics 2021. The global event introduced new sports like skateboarding to the masses, and reintroduced events like softball and karate into the list of competitions. Given its massive platform, the Olympics draws awareness of these lesser-known
- Published in Diversity and Inclusion, Embedded Finance, Payments
Embedded finance: The new frontier for financial sector leadership
Monday 23 August 2021
Offering opportunities and creating challenges for incumbents and new entrants alike, one trend that is disrupting banking and payments in a big way is embedded finance. Put simply, embedded finance is the incorporation of financial functions into non-financial settings. For example, this could be a Buy Now, Pay Later lending proposition on a shopping platform
- Published in Embedded Finance, Fintech, Innovation, Payments
Building a digital lending system – methods, learnings and insights
Tuesday 17 August 2021
Digital lending has been one of the key areas of focus in the digitalisation efforts of financial service providers during recent years, with Covid 19 accelerating it further and at an unprecedented pace. It is estimated that the digital lending platform market will account for $15.3 billion by 2026, up from $3.5 billion in 2018.[1]
- Published in Community & Events, Content, Embedded Finance, Innovation, Opinion, Payments, Security
Disruption Diaries: Faith & Finance – Powered by Mambu (Post)
Tuesday 10 August 2021
There are an estimated 1.9 billion Muslims around the world, many of whom are financially under-served. Fintech is driving change across the financial services sector and creating opportunities that meet religious, ethical and rapidly evolving digital needs far more effectively. With assets valued in excess of $2 trillion and expected to reach $3.8 trillion by
- Published in Community & Events, Content, Fintech