BaaS

The Nigerian fintech sector has experienced significant transformation over the past few years, evolving from addressing local financial challenges to venturing into cross-border operations and positioning itself as a global financial powerhouse. This dynamic shift is spurred by a blend of

Navigating regulatory requirements is an ongoing challenge for financial institutions, and Lineage Bank is no exception. This local community bank, based in Franklin, Tennessee, has faced increased scrutiny from federal regulators twice this year. The Federal Reserve Board's recent enforcement

The Federal Deposit Insurance Corp. (FDIC) has recently heightened regulatory scrutiny on banks involved in banking-as-a-service (BaaS) partnerships with fintech companies, with Piermont Bank and Sutton Bank receiving notable enforcement actions in early 2024. These actions indicate significant

Fifth Third Bancorp has taken a significant step in the embedded finance and Banking-as-a-Service (BaaS) sectors with its acquisition of Rize Money in 2023. Newline, an offering born from the integration of Rize's technology and Fifth Third’s established payment network, represents a strategic

In a significant move to enhance its digital banking services, TAPCO Credit Union, located in Tacoma, Washington, has successfully rolled out a cutting-edge digital banking solution provided by Lumin Digital, a pioneering cloud-native digital banking provider. This strategic implementation comes at

The burgeoning fintech sector in Southeast Asia is set for groundbreaking transformations with the strategic alliance of Mbanq and Cambodian FinTech stalwart, IG Tech. This partnership heralds the formation of IG Finlink Cambodia, a joint venture that aspires to redefine the Banking-as-a-Service