Tag: banking-as-a-service

January 30, 2024

2023 brought the most contentious proposed regulation in years: a revamp that would require the U.S.’s biggest banks to hold roughly 19% more capital than they do now. Lawmakers and trade groups opposed to the rule first attacked it on […]

October 27, 2023

Well, everyone is talking about a $7 trillion opportunity in embedded finance. This colossal figure is enticing enough for several banks to hop on the bandwagon without even validating if they are truly prepared to be active competitors or if […]

October 11, 2023

Banks that operate banking-as-a-service programs are facing heightened scrutiny from bank regulators, as examiners scramble to get a handle on the size and scale of lenders’ partnerships with fintechs, said Konrad Alt, a partner at financial services advisory and investment […]

October 25, 2022

Banks’ relationships with fintechs, particularly banking-as-a-service (BaaS) arrangements, have garnered increased attention among regulators and lawmakers in recent months. BaaS, a business model that allows fintechs and corporations without a charter to offer their customers financial services by using the […]

June 7, 2022

Banking as a service, or BaaS, has become one of the most important strategic imperatives for chief executives across all industries, including banking, technology, manufacturing and retail. Retail and business customers want integrated experiences in their daily lives, including seamlessly […]

August 9, 2021

Coastal Financial Corp., a $2 billion community banking company in Everett, Washington, was a typical community bank seven years ago. It wasn’t looking to launch a banking-as-a-service (BaaS) division, where the bank would lend out its charter, payment rails and […]

June 22, 2021

MapleMark Bank is deploying the Raisin Savings-as-a-Service software product, embedded in its online banking portal. Raisin says clients can now view ladder, liquidity, and market-linked term deposit products online, explore available terms and yields, and open their preferred account on […]

May 18, 2021

Deciens Capital and QED Investors co-led the round, which also featured returning backers Susa Venturea and SaaStr Fund. Targeting banks and financial institutions, Treasury Prime offers automation software which aims to streamline back-office workflows. It provides services for payments, automatic […]

August 3, 2018

Starling is moving into the banking-as-a-platform space, enabling third party companies to craft their own financial services offerings using the challenger’s banking license and API infrastructure. Starling says the service bundle will enable retailers, brands and fintechs to develop and […]