Solaris SE’s Post

🏦 How could embedded finance benefit insurers? For insurers offering other embedded financial products in addition to their core services is a compelling proposition, for two reasons: 1️⃣ It increases the number of touchpoints. Offering payment cards, bank accounts, lending, and other financial services products on top of insurance creates more opportunities to interact with the customer outside of policy renewals and claims. 2️⃣ Embedded financial products are the gateway to a much broader data set that makes it possible to create highly personalized products while lowering risk. “Embedded finance products have the potential to increase loyalty and decrease churn significantly, because it‘s all about giving consumers better options.” - Andy Lyons Managing Director of Sales, Solaris 👀 Explore how embedded finance can future proof the insurance industry in our guide: https://lnkd.in/eQ3i784j Nino Lashkarashvili | Darren Lane | Russ Sopp | Rinse Jacobs | Matteo Nigro #paymentrails #paymentflows #realtimepayments #fintech #embeddedfinance #electronicpayments #future #discover #research #cards #accounts 

We can also introduce you to e-payments as a product. An addition to your portfolio for commercial clients that can add a 5 figure sum to your bottom line whilst saving your client’s money Ask Lee how …

While banks are struggling to achieve their priorities and meet customer expectations using traditional approaches, embedded finance emerges as a pivotal solution. Recent studies show that 70% of industry executives acknowledge the importance of embedded finance, recognising its potential to transform the banking landscape and enhance customer experiences. https://lnkd.in/gwbPKgaG #banking #embeddedfinance #bankingsolutions #bankingservices

Innovation meets efficiency in the insurance payment ecosystem. Streamline your operations with the best duo in the industry. Interac, the fastest growing payment option used by Canadian consumers, is now fully integrated with SimplePin as a payment option for insurance premiums. If you require guaranteed funding for your premiums and want to lower the cost of acceptance, we have the perfect solution. Ready to simplify your customer experience? Click the link below to explore how the dynamic synergy of SimplePin and Interac can transform your payment processes, automate transaction handling, and elevate your customer experience. https://hubs.ly/Q02dv2qP0 #interac #fintech #insurance

A great article for those interested in centralising payment processing. This article links well with the recent Payment Webinars, and provides another insight into how business can consolidate silo'd processes into a consolidated workstream through the use of modern Payment Hub capabilities. Get direct debit processing right and you could improve both working capital and competitive advantage. Unlock the full potential of regular payments with this article. http://spr.ly/60405Eiqq

The majority of my most widely seen LinkedIn posts in the last 180 days have one thing in common: digital consumer experience in healthcare. The most popular of these posts offers you the opportunity to leverage FICO’s experience across industries to power your healthcare enterprise’s member and beneficiary connections. In this post I’m offering one such opportunity in the form of a short eBook which summarizes 11 key insights gleaned from our hard won “earned wisdom” in Digital Banking. In our “11 Commandments of Digital Banking,” we offer 11 practical, specific, often unconventional rules for digital transformation in the financial services industry. I’m confident that you’ll find that many of these “Commandments” are relevant for the digital transformation of your healthcare consumer experience. Reach out to me if you’d like to chat about the digital challenges of your healthcare enterprise and how our “earned wisdom” across industries … including public and private healthcare and health insurance markets in North America and around the world … might help you to achieve your objectives. You’ll have to surrender your contact details to download this eBook. If you’re put off by that, reach out to me for a copy. It’s a great read. https://lnkd.in/gqREt_GZ

Unlock the future of finance! 🚀 Dive into our latest blog to discover how banking, financial services, and insurance companies are accelerating digital transformation. 💼 Don't miss out, read more now! #DigitalTransformation #Finance #Insurtech #Fintech 💻📈 https://hubs.ly/Q02lMsk20

By 2028, the embedded finance market will be worth $22bn A recent report by Juniper Research estimates that embedded finance revenue will exceed $228bn by 2028 thanks to advances in technology. These developments are driving growth with specific use cases such as multi-rail payments and the aggregation of open banking APIs. Embedded insurance is also expected to grow over the next five years, by 125% according to the report. Source: Finextra https://buff.ly/3TLH893 #openbanking #payments #openeconomy

The demand for embedded finance has soared, especially among the SMB customer segment. Companies like MoneyLion have experienced a staggering 100% YoY growth, with even higher expectations for 2025. However, this rapid growth also presents challenges, such as the complexity of implementing these solutions across different regulatory environments and the heightened risk of fraud associated with digital financial transactions. Despite these challenges, embedded finance's benefits—enhanced customer experiences and new revenue opportunities—continue to drive its expansion globally, making it a defining trend in the financial services sector. #SMB #embededfinance #fintech

I wanted to take a moment to share some awesome work coming from the team at Worldpay. We have two reports out -- some of the first of their kind out there -- surveying 10,000 consumers in 10 countries on their #insurance and #investing payments expectations and preferences! First up, want to share our insurance report! If you want to learn more about… 📲 What your #policyholders expect from their journeys ⚡ How you can achieve competitive #differentiation 🚘 What drives #policyholder satisfaction and how to address dissatisfaction 🧱 How to build an efficient #payment strategy …download the research here: http://spr.ly/6041uamex. It's 45+ pages of awesome insights that can help you know your policyholders from a different perspective and optimise your #customerexperience! Please share and special shout out to Simona Dobreva and Dan H. who worked tirelessly over the last few months to bring this from idea to reality!