Banking-as-a-service (BaaS) providers, bridging traditional banking with fintech innovation, have recently faced escalating pressure from federal regulators. This heightened scrutiny culminated in a cease-and-desist order against an Arkansas-based BaaS provider, highlighting urgent compliance and
July 3, 2024The banking industry is undergoing a significant transformation, driven by the rapid evolution of Banking-as-a-Service (BaaS) platforms. These platforms are becoming instrumental in allowing non-bank businesses to integrate fintech capabilities, such as card payments and lending, without the need
June 25, 2024In a significant move towards bolstering compliance capabilities within the fintech ecosystem, Treasury Prime, a leading embedded banking software company, has announced a strategic partnership with FS Vector, a prominent regulatory advisory firm. This collaboration aims to significantly enhance
June 21, 2024In an era where innovation is currency, the financial sector is not left behind. The news is abuzz with one such stride in the banking industry — the integration of Mbanq into the Banking-as-a-Service (BaaS) Association. This move represents more than just an addition to a list of names; it's a
May 24, 2024In an era where technology is rapidly advancing, the financial sector is eagerly looking towards innovative solutions that can cater to modern demands with agility and precision. BKN301's recent launch of its BaaS Orchestrator is set to be a game-changer in the fintech landscape. This platform
May 15, 2024The financial technology sector has recently seen a significant merger with TabaPay acquiring the assets of Synapse Financial Technologies. This move comes after a challenging period for Synapse, which experienced financial difficulties and reduced its workforce. The acquisition by TabaPay, a
April 29, 2024