Fintech Layer Cake cover image

Fintech Layer Cake

Cards, Real Time Payments, and Credit Trends with Matthew Goldman

Dec 21, 2023
Fintech expert Matthew Goldman discusses the evolution of card products, banking relationships, fraud management, and the future of fintech. They explore the impact of regulatory changes, the rise of Credit-Card-as-a-Service, and upcoming trends in the card industry for 2024.
49:44

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Podcast summary created with Snipd AI

Quick takeaways

  • Vertical embedded finance is a growing trend in fintech, allowing for tailored financial services for specific groups.
  • Fraud and risk management will remain a top priority in the card industry, with increased investment in detection and prevention technologies.

Deep dives

The rise of vertical embedded finance

There is an increasing trend in the financial technology space towards vertical embedded finance, where finance solutions are integrated into specific industries or life stages. This approach allows for tailored and customized financial services that meet the unique needs of specific groups. Examples include neo-banks targeting specific life stages or professions, such as a neo-bank for seniors or a neo-bank for plumbers. This trend is expected to continue in 2024, with more businesses exploring the opportunity to embed financial products and services within their existing offerings.

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