fintech digest
Embedded Finance as a Force Multiplier, US Consumer Spending And More
Research Team
20 September 2024
Embedded Finance Is the Force Multiplier for PayFacs and Software Platforms
Payment facilitators (PayFacs) are transforming how and where we conduct commerce. Entities such as independent software vendors (ISVs) and online marketplaces offer services and products, but they need additional help to be able to receive payments. PayFacs can provide that help.
How Rate Cuts Could Impact US Consumer Spending
Right now, the US Federal Reserve is widely expected to cut interest rates in response to cooling inflation and an uptick in unemployment. When a cut comes—which could be as soon as this week—it will be the first interest cut since 2020.
So how could future rate cuts impact consumer confidence and spending?
Embedded Finance: Trends and Perspectives
Although this field is still emerging, there are already many consumer-facing use cases for Embedded Finance, with innovation happening quickly. A simple way to categorise this space is by the various financial products and services that can be embedded. What are the major categories of Embedded Finance, and can you provide examples of B2C applications for each category?
Janus Henderson to follow BlackRock and Fidelity into Tokenisation
Janus Henderson is to become the latest large asset manager to experiment with securities tokenisation, joining a trend that industry observers believe will eliminate many costs, disrupting the industry.
The $360bn US asset manager plans to take over the management of the $11mn Anemoy Liquid Treasury Fund, which invests in short-term US Treasury bills. Tokenisation describes the process of converting units in a fund into unique digital tokens on a blockchain.
New Bill Introduced in Parliament to Clarify Crypto’s Legal Status
The Property (Digital Assets etc) Bill, introduced in Parliament today, will mean that for the first time in British history, digital holdings including cryptocurrency, non-fungible tokens such as digital art, and carbon credits can be considered as personal property under the law.
The Bill will also ensure Britain maintains its pole position in the emerging global crypto race by being one of the first countries to recognise these assets in law.