What is Embedded Finance? Axway experts answer #openbanking questions. #shorts
Embedded finance refers to the integration of financial services and products into non-financial platforms, such as e-commerce, social media, or mobile apps. This means that businesses that are not primarily in the financial industry, can offer financial services to their customers by partnering with financial institutions. For example, a retailer might offer point-of-sale financing, allowing customers to pay for a purchase in installments, or a ride-sharing app might offer a credit card to its drivers for fuel and maintenance expenses. Read the blog for more details: https://blog.axway.com/industry-insights/banking-finance/embedded-finance-screen-scraping?utm_source=youtube&utm_medium=social&utm_campaign=api_marketplace_banking_gc&utm_content=glossary_videos Visit @AxwaySoftware for more!