This week in embedded finance

11/20/2020

• Clover, the retail POS hardware company, uses Nav to embed a marketplace of credit card and business loan offerings. The system matches potential customers to the best offerings to increase approval and conversion rates.

• The relaunch of Google Pay provides an interesting peek into what the next generation of fintech may look like. The “super app” now includes personal finance aggregation, customizable deals, and full banking services. You can even enable the app to look for receipts in your Gmail and Google Photos, auto-scan them using OCR technology, and integrate them into your finance tracking.

• A friendly reminder, eight months in, that the pandemic is creating challenges and opportunities for banks serving their clients. Companies have accelerated digital transformation and turned to fintech to help.