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.
Increasingly blurred boundaries mean that practically anyone can declare themselves a payment provider, using banking-as-a-service to embed payments. Customers can filter this choice through a lens of preference and habit. For firms, complexity... read more
The post Future of payments: Innovation shifts from consumers to businesses 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.
The COVID-19 pandemic has accelerated the digital transformation journey, with increasing numbers of non-finance digital brands embracing Banking as a Service (BaaS). At the same time, there remains a huge... more
In an exceedingly commoditised market, banks are beginning to make clear bets to become leaders in scale, value, customer experience or product / service excellence. Some are turning into specialist... more
The post 9 trends reshaping banking in 2020: #1 the business model changed appeared first on Payments Cards & Mobile.