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Banks prepare for embedded finance

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Our research shows that nearly a third (32%) of banks are planning on building their own marketplace themselves. The remaining banks will either work on building a marketplace in collaboration with a partner or join an existing marketing/ecosystem. Thankfully, 100% of our respondents said that they would be seeking to work with an integration partner to help enable their digital ecosystem. We believe that this is a sensible decision as, in our experience, banks require the help of an experienced partner when establishing themselves as important BaaS providers able to deliver embedded services to nonbanks. Sopra Banking's data-driven, API-first approach allows banks to easily plug in to existing ecosystems, or build their own, to enable a safe and effective BaaS offering to nonbanks. SOPRA BANKING'S SOLUTION W H I T E P A P E R SOPRA BANKING PLATFORM Powering banking transformation at scale. GET STARTED B A N K S P R E P A R E F O R E M B E D D E D F I N A N C E EMBEDDED FINANCE IN ACTION 02 MARKETPLACE AND ECOSYSTEM 03 WHAT PARTNERS THINK ABOUT BANKS' CURRENT ECOSYSTEMS 04 CHALLENGES FOR BANKS WITH EMBEDDED FINANCE 05 SOPRA BANKING'S SOLUTION 06 A KEY STRATEGY FOR BANKS MOVING FORWARD 01 Our component-based and cloud banking platform provides the broadest range of capabilities. Whether large or small, local or global, pick the components from our wide catalog. Or deploy our ready-to-use, pre-integrated solutions.

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