Embedded finance is key growth alley in banking and expected to account for 15% of revenue pool by 2030 according to some estimates. Vestigo’s Embedded Finance Partnerships capability supports management of relationships between financial institutions and non-financial partners with strong customer base such as retailers or various associations, and enables new revenue generation for all parties involved. Functionality is proven with a major, specialized, multinational B2B2C player.
Various business models supported: digital fintech partners and their ecosystem, B2B2C / B2B2B2C distribution partners, co-brand card partners, loyalty partners, industrial partners whose business processes are embedded, etc.
Summary
Bank's strategies
Vestigo’s capabilities
Bank's strategies
Highly configurable system enabling efficient customization of partnership relationships
Efficient partner onboarding tool - new partner can be onboarded within hours
Automated handling of commercial relationship with partners, e.g. revenue sharing
Highly configurable system enabling efficient customization of partnership relationships
Efficient partner onboarding tool - new partner can be onboarded within hours
Automated handling of commercial relationship with partners, e.g. revenue sharing
Embedded Finance Partnerships module empowers efficient customization. Parameters include:
Flexible integration model aligned with partner’s capabilities
Embedded Finance Partnerships module empowers efficient customization. Parameters include:
Flexible integration model aligned with partner’s capabilities
Efficient product management – ability to handle thousands of partners based on a limited number of core products and offering variations
Efficient product management – ability to handle thousands of partners based on a limited number of core products and offering variations
All core products on a single back-end system (credit, debit, prepaid, BNPL, Consumer loans, bank account, account-to-account payments, …) - once partnership established, significant potential to add new products
All core products on a single back-end system (credit, debit, prepaid, BNPL, Consumer loans, bank account, account-to-account payments, …) - once partnership established, significant potential to add new products
Fully customer centric system
Single customer can have products via multiple embedded finance partners if desired from business perspective
Fully customer centric system
Single customer can have products via multiple embedded finance partners if desired from business perspective
API-first system with 200+ APIs as basis for smooth integrations to various partner portals
System enables effective cooperation with value-added service partners including loyalty providers, different kinds of insurances, airport lounge access, etc.
API-first system with 200+ APIs as basis for smooth integrations to various partner portals
System enables effective cooperation with value-added service partners including loyalty providers, different kinds of insurances, airport lounge access, etc.
Vestigo’s capabilities
VESTIGO CARDS & PAYMENTS: PAYMENTS CONVERGENCE IN ACTION
Access full report by Celent, the leading research and advisory firm focused on technology for financial institutions globally
This website uses cookies in order to work properly and have a better user experience. By visiting and using it, you agree to the use of cookies that can also be blocked. Find out more