In this insightful episode of Build What's Next: Digital Product Perspectives, industry veterans Rob Seidman (Chief Product Officer at US Bank), Laura Merling (Founder, Stealth Fintech and former Chief Transformation Operations Officer at Arvest Bank), and Jake Miller (VP, CareCredit Technical Program Manager at Synchrony) share their expertise on embedded finance implementation and strategy.Key points discussed include:The evolution and importance of embedded finance in today's marketStrategies for evaluating and maintaining successful partnershipsChallenges of scaling embedded solutions while managing complexityThe critical role of data infrastructure and platform designStakeholder management and cross-functional collaborationFuture trends and opportunities in embedded financeThe speakers emphasize several critical success factors:Partnership Strategy:Careful evaluation of potential partnersAlignment of business objectives and cultureClear communication and regular updatesStrong governance and risk managementTechnical Implementation:Importance of scalable architectureData platform considerationsManaging complexity and customization requestsSecurity and fraud preventionOrganizational Considerations:Cross-functional team alignmentStakeholder managementChange managementRegular communication and updatesThe episode concludes with insights into the future of embedded finance, including the potential for AI-driven optimization, seamless integration across platforms, and enhanced security measures.Episode Resources:Method Website: https://www.method.comRob Seidman: Chief Product Officer, US Bank Laura Merling: Founder, Stealth Fintech and Former Chief Transformation Operations Officer, Arvest BankJake Miller: VP, CareCredit Technical Program Manager at SynchronyEpisode Highlights:[03:35] Introduction and overview[09:55] Defining embedded finance[17:22] Partnership evaluation and strategy[32:15] Scaling challenges and solutions[48:15] Cross-functional collaboration[57:39] Future of embedded finance

Ver todos los episodios