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BaaS: Transforming Banking Services by Beltan Tönük is a document available to read on EtoBox.

What is BaaS: Transforming Banking Services about?

This document discusses the rise of Banking-as-a-Service (BaaS). It defines BaaS as licensed banks providing digital banking services directly to non-banking businesses through APIs. This allows third parties to offer banking services without a license. The document outlines that BaaS provides services like card issuance, accounts, and payments processing. It distinguishes BaaS from related concepts like Banking-as-a-Platform and Open Banking. BaaS is important for enabling embedded finance where non-financ

Author

Beltan Tönük

Language

EN