Banking as a Service (BaaS): Present Developments, Novelties, and Upcoming Opportunities
What is Banking as a Service Banking (BaaS) A major development in financial technology, Banking as a Service (BaaS) enables companies, especially fintechs without their own payment infrastructure, to take advantage of the banking and payment services offered by authorized banks or financial organizations. Time-to-market is greatly shortened by this simplified BaaS solution, which makes…