Die Covid-19-Pandemie und der Ukrainekrieg haben die Abhängigkeit der Europäischen Union (EU) von einzelnen Handelspartnern deutlich gemacht. Eine der Aufgaben der 2021 von der Kommission neu eingerichteten Generaldirektion für Krisenvorsorge und -reaktion bei gesundheitlichen Notlagen (HERA)...

Purpose This paper presents an overview of embedded finance. It identifies the applications, use case examples, benefits and challenges of embedded finance. The paper also analyzes global interest in embedded finance and compares it with interest in related finance concepts such as open finance,...

In Budget 2018, the federal government announced that it would review the merits of open banking. In January 2020, the Advisory Committee on Open Banking determined that the benefits of open banking outweighed the cost and what was needed was a plan for implementation. In this Commentary, we...

With open banking, consumers take greater control over their own financial data and share it at their discretion. Using a rich set of loan application data from the largest German FinTech lender in consumer credit, this paper studies what characterizes borrowers who share data and assesses its...

Banks generally use credit scoring models to assess the creditworthiness of customers when they apply for loans or credit. These models perform significantly worse when used on potential new customers than existing customers, due to the lack of financial behavioral data for new bank customers....

With open banking, consumers take greater control over their own financial data and share it at their discretion. Using a rich set of loan application data from the largest German FinTech lender in consumer credit, this paper studies what characterizes borrowers who share data and assesses its...

Die Covid-19-Pandemie und der Ukrainekrieg haben die Abhängigkeit der Europäischen Union (EU) von einzelnen Handelspartnern deutlich gemacht. Eine der Aufgaben der 2021 von der Kommission neu eingerichteten Generaldirektion für Krisenvorsorge und -reaktion bei gesundheitlichen Notlagen (HERA)...