Why are industries coming together to discuss their respective futures? We sat down with Aivars Belis, CTO at DECTA, at the ECOM’21 conference in Latvia to discuss some of the exciting trends we can expect to see in the coming years. One where increasingly Fintech and Ecommerce are joining forces to create business contexts that create new customer propositions.
In our chat, we explored the benefits of embedded finance for both customers and merchants, as well as the potential for banks to derive revenue from this trend through banking as a service. We also dove into the various forms of embedded finance, including payment capabilities, lending options like Buy Now Pay Later, and even the possibility of accessing credit for services like travel and utilities. It’s clear that we’re just scratching the surface of what the future of financial services and retail could look like, and Aivars’ insights shed light on some of the exciting possibilities ahead. So, grab a pen and pad don’t miss this insightful conversation on the trends shaping the fintech and the ecommerce space.