Embedded lending platform Momnt has a new chief executive officer. Chris Bracken, who has served as the company’s revenue lead since 2020, has been promoted to the CEO position, Momnt announced in a news release Monday (June 17). “Chris’s deep understanding of the consumer lending landscape and...
B2B payments used to be defined by paper and processes. However, as the digitization of commercial payments continues, B2B payments are being defined by their workflows and data – both of which are increasingly the target of disruptive innovations capable of automating away rote work...
Lenders across major global economies offer embedded lending. However, data suggests that the typical lender that serves consumers or small- to medium-sized businesses (SMBs) has not fully embraced the potential of embedded lending. For example, nearly half of lenders serving SMBs have not entered this...
Embedded lending — the burgeoning category of payments in which borrowers apply directly within the merchant or provider’s platform — is finding traction with consumers. In fact, five out of six lenders provide access to embedded lending products to consumers, addressing the high demand for...
June 11, 2024
Embedded lending — the burgeoning category of payments in which borrowers apply directly within the merchant or provider’s platform — is finding traction with consumers. In fact, five out of six lenders provide access to embedded lending products to consumers, addressing the high demand for embedded financial experiences. That’s one of the top-level findings from […]
May 24, 2024
The modernization of back-end systems represents an ongoing challenge for banks, especially as they seek to introduce new digital-first services. The options used to be stark: Rip and replace, or get the most...
May 06, 2024
Embedded lending tools enable potential borrowers to apply for credit directly from the merchant or provider’s platform — often while paying for a product or a service. For instance, while...
June 21, 2024
Banco Santander and Amazon are reportedly close to reaching a deal in which the bank would provide financing options for Amazon shoppers across the Europe Union (EU). The negotiations between the companies are at an advanced stage, Bloomberg reported Friday (June 21), citing unnamed sources. Reached by PYMNTS, both Amazon and Santander declined to comment on the […]
June 17, 2024
Embedded lending platform Momnt has a new chief executive officer. Chris Bracken, who has served as the company’s revenue lead since 2020, has been promoted to the CEO position, Momnt...
April 16, 2024
Lendica and EBizCharge have partnered to launch an embedded business credit solution for small and medium-sized businesses (SMBs) in the United States. This collaboration brings together Lendica’s embedded artificial intelligence...
March 04, 2024
Point-of-sale financing firm ChargeAfter has debuted an embedded lending platform for banks. The Lending Hub, announced Monday (Mar. 4), is designed to let banks and financial institutions streamline the development, distribution and...
