Digital services have become par for the course in modern banking, and banks are scrambling to offer the most impressive experiences. Some of the most common services banks offer include automated account validation, digital lockboxes and immediate transaction confirmation, but these represent just a small fraction of the possibilities that digital innovation can bring. Customers want fast, seamless and secure solutions and will reward banks that step up to provide them.
Embedded finance solutions are some of the most efficient ways to enable these digital offerings. PYMNTS’ research found that 92% of financial institutions (FIs) are currently innovating or have