Virtual Executive Roundtable
Embedded lifestyle lending - Middle East: Financing consumers’ home improvement projects
Date
8 December, 2022
Time
12 PM GST
In Partnership with
Paying for a home renovation depends on the customer's financial situation and the project size. Saving up for a specific project and using those funds is the ideal way to pay for a home upgrade. However, that isn't always possible. Emergency expenses and more extensive renovations can make financing necessary.
Lifestyle financing is about developing direct channels that allow customers to get loans through their favorite retailers/contractors and have them approved quickly. In this accelerated customer journey, credit approvals will take minutes instead of hours or even days.
With an estimated $7 trillion market opportunity, Banking as a Service (BaaS) cannot be ignored. In this roundtable, join us for a lively discussion that will catalyze new ideas and partnerships to harness the power of embedded lending for lifestyle financing.
Key Discussion Points
The rise in embedded finance
Why is the traditional banking business model past its prime?
How is BaaS creating significant growth opportunities for consumers, home improvement retailers/contractors such as IKEA, banks, and Finastra itself?
Collaboration is key: Finastra’s role is to connect and orchestrate both the distributors and providers of the ecosystem
Meeting Agenda
12:00 pm GST
Welcome and Introductions | Connect Global Group
12:05 pm GST
Let's set the Scene | FINASTRA
12:10 pm GST
Open Discussion | Live discussion and interaction between roundtable attendees and panelists
1:15 pm GST
Closing Remarks | Connect Global Group
Executive Roundtable Panel
Executive Roundtable Participants from
About our Partner
Finastra is building an open platform that accelerates collaboration and innovation in financial services, creating better experiences for people, businesses and communities. Supported by the broadest and deepest portfolio of financial services software, Finastra delivers this vitally important technology to financial institutions of all sizes across the globe, including 90 of the world’s top 100 banks. Our open architecture approach brings together a number of partners and innovators. Together we are leading the way in which applications are written, deployed and consumed in financial services to evolve with the changing needs of customers. Learn more at finastra.com.