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embedded finance

Why embedded finance will accelerate in 2024

Last year, Mastercard and the tech platform provider Fabrick announced an expanded strategic partnership to develop embedded-finance solutions for businesses across Europe. The deal will enable companies to integrate financial services directly into their products through application protocol interfaces (APIs), allowing them to provide payment, banking, and insurance services without the need to build their own proprietary financial infrastructure.The embedded-finance use cases enabled by APIs are almost endless. For…