Business Reporter Podcast

What ‌a full-scale biometric payment card is – what it enables, how it works.

Biometric authentication is a game-changer because it couples one-touch convenience with unrivalled security.

By necessity, policymakers in Washington DC have spent much of the past two years focused on addressing short-term crises. The unprecedented scale of Covid’s economic impact required this narrow lens, as the government rapidly enacted stimulus programs and lending facilities to mitigate the pandemic’s financial effects, particularly for the small business community – the segment of the US economy that employs more Americans than any other.

The rapid advancement of artificial intelligence (AI) technologies has transformed business operations across the globe. From customer service chatbots to adaptive cyber-security, the applications of AI are limitless. AI can help minimise paperwork, reduce cost and drive better business decisions by increasing the predictive accuracy of future outcomes and mitigating the cognitive biases inherent in human decision-making.

While the jury’s still out on whether the US economy is officially in a recession, there’s no doubt that consumers are feeling the strain of record-high inflation. But by no means is this slowing down the still burgeoning buy now, pay later (BNPL) market, which is increasingly transitioning from big-ticket splurges to more everyday purchases, easing the pain at the petrol pump and the grocery store.

In the final episode of our Open Banking and Klarna Kosma series, we're looking to the future of finance. Discover how the Open Banking movement is evolving into open finance and what that means for consumers and businesses. Get a glimpse of the innovative financial solutions and services on the horizon, and learn how Klarna Kosma is paving the way. Join us for a thought-provoking discussion on the future of finance and the role of Open Banking.

In Episode 3 of our Open Banking and Klarna Kosma series, we're diving into the products that are making a difference in the financial industry. Explore how Klarna Kosma is using Open Banking to provide secure and efficient identification and verification solutions. Learn how Open banking already enables customers to securely share their financial data and authenticate themselves to third-party companies to make payments or use other financial services. The API that makes this possible can also be used to connect to identity services, adding multiple layers of verification.

In Episode 2 of our Open Banking series, we're focusing on how this technology is transforming the insurance industry. Discover the innovative insurtech solutions that are making a real impact, from automating the claims process to providing personalised insurance experiences. Get a better understanding of how Open Banking is helping to bridge the gap between consumers and insurers, and learn how you can benefit from these exciting developments. Don't miss this episode on Open Banking in insurtech. 

Join us as we dive into the world of Open Banking and explore how Klarna Kosma is revolutionising the way we manage our finances. In this episode, we’ll explain what Open Banking is and its benefits, and how Klarna Kosma is using cutting-edge technology to make banking easier and more accessible for everyone. Get ready to learn about the future of finance and how you can take advantage of this innovative platform. Tune in now!