The August 2023 report introduces life-cycle banking, an evolution of embedded banking that tailors financial services to a customer’s industry sector and changing needs throughout their business life. Using Banking-as-a-Service components, it links banking functions to physical supply chain events, enabling businesses to access services triggered by operational activities. By integrating finance with supply chain management, banks can deliver industry-specific solutions. Datos Insights predicts that within two years, corporate clients will expect banks to show deep knowledge of sector-specific supply chains or risk losing market share to fintechs.

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