How Banking-as-a-Service is shaking up the fintech ecosystem

Today, consumers are faced with more choice than ever when it comes to their financial affairs. From contemporary offerings like Buy Now, Pay Later (BNPL) and embedded finance platforms, to more traditional products like credit and debit cards, institutions and retailers alike are being called upon to deliver more seamless, quick and flexible solutions to their customers. Crucially, businesses launching new financial products often require the complex underlying infrastructure of a bank to bring their offerings to market -- this is, of course, with the obvious exception of certain BNPL products like Klarna, which can operate without full regulation. Likewise,… [Continue Reading]