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Adyen and BCG Research Finds Embedded Payments and Finance Now a $185 Billion Opportunity — a 25% Increase in Two Years

Fintech Finance

aIn parallel, the demand for embedded finance from small-and-medium-sized businesses (SMBs) — a sector typically underserved by traditional financial institutions — has broadened well beyond payments.1 Given typical margins on these products, most platforms have an opportunity to multiply their current revenues by up to three or four times.

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Moneyhub Research Highlights Customer Dissatisfaction with Digital Financial Services

The Fintech Times

Many consumers are dissatisfied with the digital services offered by financial institutions, with a significant number seeking better access to financial products and personalised advice, research has revealed. “However, there’s only so much the government can do to bring modern data solutions to its citizens.

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New Research: 58% of Fintechs Now Offer Open Banking Payments as Adoption Rates Continue to Surge

Fintech Finance

The research also found that Open Banking payments are most likely to be used by younger demographics – with nearly half of 25-34-year-olds, and 37% of 18 to 24-year-olds, using it to make payments. This highlights a clear opportunity for innovation in the industry to address these gaps and adapt to evolving consumer demands.

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Breaking Point: Why Businesses Need to Address the Accounting Crisis ASAP. Is AI the Answer?

FloQast

In the near future, accounting will undergo an automation evolution, with AI playing a pivotal role in revolutionizing various aspects of financial management, including flux analytics, anomaly detection, financial statement preparation, and technical accounting research. Accounting thrives on precision and efficiency.

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5 Early Indicators Your Embedded Analytics Will Fail

Many application teams leave embedded analytics to languish until something—an unhappy customer, plummeting revenue, a spike in customer churn—demands change. But by then, it may be too late. In this White Paper, Logi Analytics has identified 5 tell-tale signs your project is moving from “nice to have” to “needed yesterday.".

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Pay by Bank on the Rise, According to New Research from Brite Payments

The Fintech Times

New research from Swedish fintech Brite Payments and YouGov has found that the way consumers pay is changing, with Pay by Bank ranking a top three payment method in the UK, Netherlands, Finland, Spain and Germany. The post Pay by Bank on the Rise, According to New Research from Brite Payments appeared first on The Fintech Times.

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Deep Dive: Adapting Worker Payments To The On-Demand Era

PYMNTS

Consumers have come to expect on-demand service when they watch movies, make online purchases or hail rides, for example, but this practice contrasts with how most employees are paid. Various compensation alternatives have recently emerged that are more aligned with workers’ on-demand expectations. On-Demand Pay And The Gig Economy .