Ep. 82: The Next Wave of Embedded Finance
Riaz Syed
Founder and CEO, Infinant
On This Episode
Riaz Syed, CEO and founder of Infinant, has been working in financial technology since graduating from college. His years of experience have given him key insights into the changing landscape of the financial world.
Embedded finance has been growing rapidly in the last few years, as technology is constantly growing and opening up new opportunities for new financial platforms. While there have been some issues in the past with embedded finance’s initial start, Riaz is confident that it will continue to grow and evolve.
“Like any first generation model, we will see the model continuing to evolve, improving on the shortcomings of the model and continue to drive innovation”
In the next wave of embedded finance, not only are banks expected to become more open to trusting of embedded finance, but Riaz hopes to see them take the driver’s seat. Financial technology companies have been in charge of embedded finance’s first wave, but a new model puts banks in the center.
“Our system is an open platform that would enable the bank to leverage some of the processes, procedures, and software components it already has”
In the future, Riaz is excited to see how available payment options for customers will continue to change and grow. He is also enthusiastic about banks taking more charge of their role in the embedded financial services industry.
Listen to this podcast to learn more about the latest in embedded finance with Hunter and Riaz.
More About Riaz
Riaz Syed, CEO, and Founder of Infinant. With more than three decades of experience in the delivery of technology platforms that drive customer engagement with core business values, Riaz is an expert technologist who previously was CEO and founder of Zenmonics, a Fintech 100 company recently acquired by FIS. He has also performed leadership roles at Broadway & Seymour, SAIC, WebTone, FIS.
