Future Banking Special Address: Embedded Fintech vs Embedded Finance – How Are Banks Putting Strategy Into Action? Where Does Legacy Fit? How Can Technology Act As An Enabler?
In order to remain competitive/relevant and tap into new revenue streams, banks and credit unions need to consider either an embedded fintech (bringing best-of-breed technology into their own digital experiences) or embedded finance (putting their products in front of customers via 3rd parties) strategy. But picking a strategy is just part of the challenge. How do banks move forward once a decision is made? How does this work when existing legacy technology is not fit for purpose? In this session Teo will share practical examples and advice for executing on either and embedded fintech or embedded finance strategy based on real customer examples.