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IndustryUpdate

tion, despite the challenging market tion and 78 percent have potentially costly knowledge gaps in how credit
conditions of the last few years. The cards work; the rise in the use of buy now, pay later (BNPL) services, as 43
research encompasses views from percent of Americans have used a BNPL service, up from 31 percent in 2021;
758 professionals at financial insti- the role of cryptocurrency in the traditional financial landscape, with 44 per-
tutions and banks across France, cent of executives at financial institutions planning to offer cryptocurrency
Germany, Hong Kong, Singapore, services to clients by the end of 2022.
the UAE, the UK and the United
States. Among key findings are that PARTNERSHIPS
85 percent of respondents agreed
that open finance is already mak-
ing the industry more collaborative BlueStar, Zebra, JetAdvice team up
and is having a positive impact; BlueStar Inc., a distributor of specialty technology solutions, now offers
eight in 10 consider the sector open
to collaboration, with 87 percent Thermal Managed Print Services from JetAdvice, in collaboration with Zebra
Technologies’ printing portfolio. This partnership is a win for all involved,
recognizing this as an improvement
compared to five years ago. the partners stated, especially for value-added resellers. BlueStar said it looks
forward to the business potential to come from this addition to the printer
Subscription gifting primed to market. JetAdvice Thermal MPS offers users such benefits as cutting down on
soar for the holidays end-user operating costs, optimizing printer performance, enhancing printer
security, gaining unmatched intelligence, helping resellers identify device
According to a recent survey con- refresh needs, minimizing IT workloads, and providing visibility and insight
ducted by Recurly, the 2022 holiday into supply shortages, BlueStar added.
season will be big for businesses
with gift subscriptions, with 63 per- Gigable, Weavr to build super app
cent of consumers reporting they Gigable, the equitable gig economy platform that connects businesses with
would consider giving subscrip- flexible workers, is partnering with embedded finance specialist Weavr, to
tions as a gift and 70 percent inter- enhance its payments and business banking infrastructure to transform how
ested in receiving subscriptions gig workers access earnings and control finances. The announcement marks
as a gift themselves. Gen Z and
millennials lead with 73 percent
and 72 percent, respectively, say-
ing they are interested in receiving
subscriptions as gifts. Main reasons
respondents gave for favoring gift
subscriptions are that they allow
recipients to experience something
new (60 percent) and there are a
variety of carefully-selected options
to choose from (44 percent ). The
top three preferred categories of
subscription gifts to receive as
streaming video (40 percent), retail
(28 percent), and streaming audio
(27 percent).

Segment offers financial indus-
try forecast

Segmint, an Alkami company,
released 2023 Navigating The
Economic Impact-2023 FI Budgeting
Data Strategies, an ebook designed
to help financial institutions employ
strategies that can deepen and grow
relationships in 2023. Among sever-
al topics identified as important are
inflation’s effect on credit cards and
the fact that 62 percent of card hold-
ers have taken some “new action”
with their cards as a result of infla-

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