Drive to Digital 2022: The Highlights
AccessPay recently partnered with Lloyds Banking Group to present the first ever Drive to Digital Event, discussing the next generation of corporate banking solutions.
The event explored the ways businesses can achieve true finance transformation by embracing Embedded Corporate Banking (also known as Corporate-to-Bank integration) as well the role APIs play in this process.
Introducing The 4th wave of Banking for Corporates
Hannah Davison, Sales Manager from AccessPay explored how everyday banking has evolved much faster than business banking. With personal banking embedded within our daily lives, Corporate Banking is traditionally still a manual, laborious process. What are the 4 waves of banking? Starting in-branch, we then moved to telephone banking and internet banking, before finally arriving at the embedded experience we have today.
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“An example of the 4th wave of banking is paying for your taxis via the Uber app, or perhaps more fitting, personal banking apps. You can have oversight of all your bank accounts in one place. These apps serve up insights and analytics on your spending habits, however corporate banking hasn’t quite caught up.”
Hannah Davison, Sales Manager, AccessPay
Read the full story to explore how Embedded Corporate Banking and APIs are transforming business banking processes.