Finance as a Service

The Business Analytics Institute and FutureGrasp will be proposing a global online conference March 25th to help strategic decision-makers understand the opportunity and challenges of embedded finance in leveraging artificial intelligence (AI) today to create significant and sustainable revenue streams for their organisation in the months ahead.

Coming out of the current economic crisis, it is more important than ever for established businesses to examine how they are delivering value to their customers. Embedded Finance provides a now proven recipe for increasing revenues up to 50 percent by integrating payment, loan, insurance and investment services into your organization's technology platform and apps. It creates direct revenue opportunities in the short term by capturing a larger percentage of the economic benefits of each sale at a marginal cost around your existing customer base. More importantly in the long term, finance as a service fuels a deeper understanding of customer experiences that ultimately drive loyalty and repeat purchases.

For strategic decision-makers, here is an opportunity to examine a market that will be worth $7 trillion in ten years' time and to create businesses worth tomorrow more than today’s software and platform firms put together in half the time. Recent technological innovations and regulatory decisions have facilitated access to this market which up until now has been reserved to traditional banks and financial institutions. Although integrating financial services is challenging, BaaS service providers have now built the technology foundation necessary to feed the growth of embedded finance. With Apple, ING, PayPal, Stripe, Tesla and Shopify paving the way, it’s no longer a question of rocket science but of thought leadership.

For more information on the event, please consult the Eventbrite site or Lucile Sorenson at <[email protected]>

In this issue :

	Managing Human and Machine Intelligence Managers needs to look beyond data and algorithms to explore how artificial intelligence is transforming the essence of management .
	ZHAW BAI Summer School ZHAW and the  Business Analytics Institute will once again be offering a 10-day Summer School this July 4-13 in Biarritz/Bayonne for senior undergraduate and graduate students on the Practice of Data Science in Banking and Finance
	Finance as a Service BAI and FutureGrasp propose an online webinar to help understand the opportunity and challenges of embedded finance in leveraging AI today
	AI for Management MasterClass BAI and Grenoble IAE team up to offer an ExecED module to help managers align the promise of AI with organizational visions of value
	Faculty Interview - Davy Cielen Managing Director of Maiton Consulting,  Davy Cielen took time out at the end of the year to share his thoughts on his experience, his current work, and opportunities in Data Science.
	Knowing your Nearest Neighbors What is k-NN, how does it work, what are its use scenarios, and how has it facilitated innovations in facial recognition technologies?