pequa home3.png

Preparing Your Business for the Consumer Financial Revolution

Embracing Open Banking, P2P and DeFi to help businesses grow and gain more insights.

Open Banking, P2P and DeFi Define The Consumer Experience

There are three great revolutions in consumer finance unfolding in front of our eyes.

 1  Global democratization of open banking data offering businesses like yours deeper insights into consumer finances  2  Consumers conducting financial transactions on P2P payment platforms  3  Using blockchain technology, a DeFi movement is underway that will transition us from centralized currency to cryptocurrency.

pequa home2a.png

Your businesses will need better credit decisioning and marketing tools to win this revolution.  That's where Pequa Bay Associates comes in.

Eight in ten North Americans are linking their bank accounts

Use of technology to manage money is mainstream

More than 20% of North Americans own bitcoin...and growing

Most businesses lack the insight to use this knowledge to their benefit

 
 

The State of Open Banking

Technology is second nature for managing finances

Technology has become ubiquitous for financial management and North American consumers are confident in using technology to manage their money

Convenience is a top driver for using technology to manage finances

Younger North American consumers are leaning into fintech more for experimentation and social needs

Open-banking is mainstream whether consumers realize it or not

Consumers are looking to save time, money, and improve their financial health, while automating the financial process

USA

Very Confident (8-10)

55%

CANADA

Very Confident (8-10)

59%

Implications for
Financial Services

There is a generational transition underway.  In 5 years, the way consumers conduct financial transactions will be unrecognizable.  If your business requires insight for customer acquisitions, including credit decisioning, how will you stay ahead of these changes?  Will you be ready?  Here's how Pequa Bay Associates can help you:

1

Using open banking data, we will develop predictive assessments of your prospective and current customers to grow your business.

2

Provide analysis and insight into P2P and crypto trends to help you develop new customer acquisition and retention strategies.

3

Devise the technology solutions that give you the flexibility to service and financial tools you need to work with consumers in this evolving environment.

 

Want to learn more? Get in touch!

Phone Number 973.206.9382 

E-mail info@pequabay.com