PYMNTS-MonitorEdge-May-2024

Banking-as-a-Service

Temenos and Mbanq Look to Capture $7T BaaS Market
Temenos and Mbanq Look to Capture $7T BaaS Market
December 01, 2022  |  Banking

Temenos and Mbanq expanded their partnership to speed U.S. Banking-as-a-Service (BaaS) adoption. The companies announced their deeper collaboration Thursday (Dec. 1), saying it continues a relationship...

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Why ‘Every Single Business’ Will Soon Be Using Embedded Payments
Why ‘Every Single Business’ Will Soon Be Using Embedded Payments
November 22, 2022  |  Payments Innovation

Embedded finance — where financial products and payments pop up in any number of consumers’ daily activities — is now an expectation, a “need to...

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NatWest, Vodeno Enter BaaS Partnership
NatWest, Vodeno Enter BaaS Partnership
October 20, 2022  |  Partnerships

NatWest is forming a new partnership with Vodeno to launch a Banking-as-a-Service (BaaS) business in the U.K., according to a Thursday (Oct. 20) press release....

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OpenPayd Partners With Social Investment Platform eToro for Near-Instant Payments
OpenPayd Partners With Social Investment Platform eToro for Near-Instant Payments
September 27, 2022  |  Payment Methods

Social investment platform eToro has partnered with OpenPayd, a banking-as-a-service (BaaS) infrastructure provider, to help power eToro Money accounts across Europe, offering an almost-instant payments...

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Can Blockchain Help Banking-as-a-Service Leap From Commodity to Capital Access On-Ramp?
Can Blockchain Help Banking-as-a-Service Leap From Commodity to Capital Access On-Ramp?
September 26, 2022  |  Digital-First Banking

In the bid to change financial services, to broaden financial inclusion, the promise of challenger banks was that they’d upend the way financial products could...

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Finastra, Visa Team on Cross-Border Payment Services
Finastra, Visa Team on Cross-Border Payment Services
September 22, 2022  |  Cross-border Payments

British financial software company Finastra has announced a collaboration with Visa to give businesses better access to cross-border services, a press release said Thursday (Sept....

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Banking-as-a-Service Helps Speed FinTechs Time to Market
Banking-as-a-Service Helps Speed FinTechs Time to Market
August 24, 2022  |  Digital-First Banking

FinTechs, just like any other firms, are constantly on the lookout for new ways to increase customer loyalty and their revenue streams. But they’re challenged...

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Banking-as-a-Service FinTechs Tread New Regulatory Waters
Banking-as-a-Service FinTechs Tread New Regulatory Waters
August 16, 2022  |  Regulation

In a policy letter that read like part announcement and part warning, the Consumer Financial Protection Bureau (CFPB) put FinTechs on notice in April, with...

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CleverTap Raises $105M to Expand Customer Engagement, Retention Platform
CleverTap Raises $105M to Expand Customer Engagement, Retention Platform
August 10, 2022  |  eCommerce

Consumer expectations around their dealings with companies are changing, and businesses must improve and personalize their marketing. To that end, customer engagement and retention platform...

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