Baas

New Evolve Statement: ‘Vast Majority’ of Synapse Funds Are at Other Banks
New Evolve Statement: ‘Vast Majority’ of Synapse Funds Are at Other Banks
November 27, 2024  |  Legal

Evolve Bank & Trust said Wednesday (Nov. 27) that the “vast majority” of end user funds related to the Synapse Financial Technologies bankruptcy that were...

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Adyen to Support Global Expansion of Spendesk’s Spend Management Platform
Adyen to Support Global Expansion of Spendesk’s Spend Management Platform
November 21, 2024  |  Partnerships

Spendesk aims to strengthen its offer in core markets and support the global growth of its spend management platform for medium-sized businesses with the help...

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Synapse BaaS Platform Slated for Bankruptcy Sale
Synapse BaaS Platform Slated for Bankruptcy Sale
October 27, 2024  |  Connected Economy

 The assets of bankrupt Banking-as-a-Service (BaaS) provider Synapse are going up for sale next month. B Riley Advisory Services, the group handling the sale, announced...

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Five Star Bank Parent Plans to Exit Banking-as-a-Service Business
Five Star Bank Parent Plans to Exit Banking-as-a-Service Business
September 17, 2024  |  Banking

Financial Institutions says it’s getting out of the banking-as-a-service (BaaS) business. The bank holding company, owner of Five Star Bank and Courier Capital, announced Monday...

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Ingo Payments’ Edwards: Bank on Changing BaaS Regulations
Ingo Payments’ Edwards: Bank on Changing BaaS Regulations
September 12, 2024  |  Opinion

How BaaS firms navigate elevated regulatory scrutiny will determine whether it becomes a headwind or a tailwind, Ingo Payments CEO Drew Edwards writes in a...

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41% of Banks Offer Embedded Finance Solutions, Have FinTechs to Thank
41% of Banks Offer Embedded Finance Solutions, Have FinTechs to Thank
August 27, 2024  |  Digital Banking

In today’s financial services arena, embedded finance and banking-as-a-service (BaaS) have emerged as transformative forces, redefining the way banks and financial institutions (FIs) engage with...

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Cable and Vantage Bank Team on Embedded Banking Compliance
Cable and Vantage Bank Team on Embedded Banking Compliance
July 29, 2024  |  Partnerships

Risk management platform Cable has launched a partnership with Texas-based Vantage Bank. The collaboration, announced Monday (July 29), is designed to help Vantage improve its...

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Three Big Shifts for Banking From PYMNTS Intelligence’s Embedded Finance and BaaS Report
Three Big Shifts for Banking From PYMNTS Intelligence’s Embedded Finance and BaaS Report
July 26, 2024  |  Banking

As the financial services landscape rapidly evolves, traditional banks and financial institutions (FIs) find themselves at a pivotal juncture. The emergence of embedded finance and...

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Ingo Payments’ Edwards Says Regulatory Tightrope Will Be BaaS’s Proving Ground
Ingo Payments’ Edwards Says Regulatory Tightrope Will Be BaaS’s Proving Ground
July 08, 2024  |  Bank Regulation

As the banking and payments business cross into the second half of 2024, many executives say we’re at a pivotal juncture — one that will...

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