Payroll is fast becoming one of the most direct, sticky, and impactful gateways for embedded finance.
Once centered solely on lending, payments, or banking, players like Green Dot, U.S. Bank, and Remitly are now leaning into payroll to drive embedded finance growth.
Sheldon Day shares how financial distress during active playing careers inspired the Player's Company, a collective helping 500+ athletes access alternative investments in VC, real estate, and franchising.
The platform launching this year will provide unified dashboards and bite-sized education, with a long-term vision of creating an athlete-owned bank for financial literacy and credit education.
The Open Banking rulemaking has gone through some major rehauls, with the new administration gutting the CFPB as well as proposing changes that would require fintechs to pay for data access.
In this article we track how the rulemaking has evolved, what moves by major industry players are likely to play a major role in how banks and fintechs structure their relationships, and what impacts big and small players alike are likely to experience because of these changes.