There has been a rapid increase in Banking as a Service (BaaS), but what is it and why is it important? According to Business Insider, “BaaS is an end-to-end process that allows fintechs and other third parties to connect with banks’ systems directly via APIs so they can build banking offerings on top of the providers’ regulated infrastructure, as well as unlock the open banking opportunity reshaping the global financial services landscape.” This has never been as important as it is today. Consumers demand easy access and consumption of banking and financial services and this has led to the rise of BaaS.
On Tuesday, December 17th from 6pm – 8pm we will be hosting a Banking as a Service happy hour at our office in the Flatiron district in NYC. If you are in the area, we would love for you to stop by, chat with us and other industry leaders, and also see what cool capabilities we are working on related to BaaS. To learn more or to RSVP, click here.
Also, we will be publishing a Banking as a Service Report in January 2020. This report will cover the overview of the BaaS market, various use cases, key players, and much more. Anyone who registers for the happy hour will be one of the first to receive the report early. If you can’t attend the happy hour but would like to receive the report, click here to get early access.