Toyota Financial Services Italy
Toyota Financial Services was created to promote sustainable mobility by designing and implementing innovative financial services and highly customizable purchasing solutions to meet all mobility needs.
Toyota Financial Services Italy
Toyota Financial Services was created to promote sustainable mobility by designing and implementing innovative financial services and highly customizable purchasing solutions to meet all mobility needs.
"By promoting credit interoperability across all Toyota Group companies in various application areas (financial, insurance, mobility, and payment) and through efficient financial flow management, we can offer simple and accessible purchase or usage options to ensure ease and flexibility throughout the entire lifecycle of the automobile and customer usage.”
Mauro Caruccio
CEO of Toyota Financial Services Italy and Chairman & CEO of KINTO Italy
The opportunity
- The greatest transformation that the automotive industry has been undergoing for some years now has to do with “servitization” (the creation of a network of services around the car) accompanied by the evolution of the supply chain towards an ecosystem model where the financial infrastructure acts as an enabler.
- This brings great management complexity for industry players. The main issue concerns the need to make these services interoperable, through an orchestration infrastructure that digitises all processes and enables various players to collaborate within an extended and integrated supply chain.
- The advent of open-end Embedded Finance allows responding to this need with a new paradigm that facilitates integration between these silos and their related information, generating new opportunities for value creation.
The project
By leveraging Fabrick Payment Orchestra, TFSI introduces a new centralised platform for the end-to-end management of collections and payments, with the following objectives:
- Centralize the collection flows coming from the Group's legal entities/brands.
- Streamline the current processes of collection, reconciliation, and manual balancing.
- Provide dealers with a comprehensive view of their liquidity and improve working capital management.
Possible evolution:
- Boost customer engagement through an innovative and omnichannel payment experience that also generates new opportunities for value creation.
- Accelerate the development of new use cases, on top of the combination of new data flows.
Latest insights
Ransomware: a growing trend in the cyberfraud landscape
In an increasingly digital world, data has become both the most valuable asset for businesses and a prime target for online fraud attacks such as ransomware. Find out more about this form of cyber fraud and how to protect your business.
18 December 2024
Payment orchestration for optimised lending platforms: a complete guide
The evolution of online lending platforms has revolutionised access to credit, however, behind securing a loan lies a complex web of financial processes that must be managed with precision and security.
06 December 2024
PSD2 and Open Banking: the revolution of the banking and fintech sector
Open Banking stems from the EU initiative to develop an open and collaborative financial ecosystem: the PSD2.
22 November 2024