Keep Supply Chains Smooth With Embedded Finance

The impacts of the global health crisis pushed forth many businesses’ efforts to digitize their payments and internal financial processes, providing new key opportunities for both consumers and businesses alike. Digital-first financial institutions (FIs) and FinTechs are moving to offer new experiences using emerging technologies to keep consumers engaged and satisfied as they seek out more personalized, seamless services.

Businesses have also moved to reevaluate their internal business-to-business (B2B) payment processes as these streamlined, digital-first consumer experiences become the norm. Tapping embedded finance in the same way FinTechs and other services do to keep consumers engaged could provide key benefits for businesses looking to digitize their B2B payment processes to keep pace with the changing needs of industry partners and clients.

In the inaugural Embedded Finance Tracker®, PYMNTS examines the growth of embedded finance and how businesses can implement such solutions to keep pace with the changing needs of their industry partners and customers alike.

Around the Embedded Finance World

Interest in embedded finance’s potential benefits has risen significantly among businesses as the payment expectations of their partners, suppliers and consumers have steadily become more digital. The embedded finance market is expected to reach a valuation of more than $138 billion globally for both B2B and business-to-consumer (B2C) applications by 2026, compared to…