Partnerships as a Financial Services Superpower
In this week's Substack, we look at the power of 3rd party partnerships in unlocking value for financial services - whether in real estate, operations, or (our favorite topic Embedded Finance)
Would you like to see the expanded version of this round-up? Visit our Substack page here to subscribe and receive the full article every week in your mailbox.
These are the articles and insights our team is excited about this week:
Financial services firms must adapt their office spaces to meet the challenges of the digital era, focusing on larger industry trends, continuous learning, attracting diverse talent, fostering innovation, and utilizing cutting-edge technology to future-proof their flagship offices, as detailed by the team at McKinsey on their website. This can be achieved through partnering with forward-thinking real estate firms who understand the shaping of the future of work.
In his latest Forbes contribution, Ahon Sarkar highlights three essential steps to achieve profitability in embedded banking: ensuring the product solves real problems and aligns with core business goals, driving engagement with higher-margin activities, and adopting the right technology for cost-effective and scalable solutions.
Grasshopper revolutionizes banking by partnering with Numerated for streamlined loan processing and risk assessment and Cable for advanced compliance and risk management in their BaaS offering, showcasing the power of partnerships to gain a competitive advantage.
What’s UP this Week
Banks as a collection of third-party providers? Join David Milligan as he shares his views of the future of banks as an ecosystem of independent solutions and how this reality is already starting to emerge.