NatWest Group has entered into a strategic partnership with the Vodeno Group which will see the creation of a Banking-as-a-Service (BaaS) business in the UK. This strategic partnership will enable... read more
Finastra and Visa announced a Banking as a Service (BaaS) collaboration to co-develop new functionality on its Payments Hub solutions and implement Visa Direct2 – which provides access to more... read more
For years, the cost and complexity of building financial services have restricted everyone but banking institutions from the space. Any non-financial brand that wished to offer its own lending or... read more
The post What every non-financial business should know about Banking-as-a-Service appeared first on Payments Cards & Mobile.
Research amongst 785 professionals at global financial institutions and banks reveals that most organisations are already deriving the benefits of Open Banking and BaaS. Open Finance is also considered the... read more
The post BaaS projected to have significant impact on financial services in next 12 months appeared first on Payments Cards & Mobile.
What will the post-pandemic world look like for retail banks? With low interest rates, closed branches, increased risk of SME bankruptcies, consumer delinquencies, and eroding market share, traditional banks are... read more