Tagged: baas

Philippines based Netbank Introduces a Payments Service to Support Digital Commerce

Netbank, the banking as a service platform, has introduced a service that allows international payment firms to support various transactions in the Philippines. As mentioned in an update shared with CI, the Philippines has a fast-growing international trade market. Global trade in goods has has… Read More

Berlin’s Solarisbank Says Financial Services Sector Will Face Key Challenges in 2022 like Combatting Fraud, Improving CX

Solarisbank, a firm that’s focused on creating a world where financial services “seamlessly sync with life,” notes in its Fintech forecast report that 2021 was quite an uncertain period but not as “unprecedented” as 2020. Solarisbank wrote in a blog post that during the past… Read More

Arab National Bank to Implement Open Hybrid Cloud Solutions with Assistance from Red Hat

Saudi Arabia-headquartered Arab National Bank has reportedly signed on US-based open-source software provider Red Hat, Inc., for the latter’s open hybrid Cloud technologies. As mentioned in the announcement, the Arab National Bank is planning to enhance its capabilities in virtual banking, open finance and customer… Read More

Paysafe’s viafintech and Solarisbank Introduce Deposit and Withdrawal Infrastructure in Europe

viafintech GmbH, which is part of specialized payments platform Paysafe (NYSE: PSFE), has formed a new partnership with Solarisbank AG with “a joint vision to replace the classic bank branch and physical locations for basic banking services.” As one of Europe’s major banking-as-a-service (BaaS) platforms,… Read More

Fintech Sector in Peru has Been Growing Steadily with 171 Fintechs Operating in the Country: Report

Peru’s Fintech sector has been expanding at a steady pace during the past few years. There are at least 171 Fintechs operating in the country, as of September 2021. These numbers represent a sizable 16% increase from last year, as well as a yearly growth… Read More

Moven Partners with Australia’s Banking Info and Communications Tech Integrator, Nixil

Moven is pleased to confirm that it has entered into a partnership with Australia’s banking Information and Communications Technology (ICT) integration provider, Nixil Pty Ltd, with the aim of establishing a footprint in the fast-evolving virtual banking space that is “opening up in the region.”… Read More

Plaid Reports Onboarding Many More Financial Services Companies as Fintech Adoption Surges

When Fintech Plaid first started offering services, they had been mainly focused on connecting with traditional institutions in the jurisdictions they had established businesses. These strategic connections enabled consumers to easily find and link their institution to the Fintech apps and services they required, the… Read More

BBVA Teams Up with Sella Group to Support Open Finance Initiatives

BBVA, the Spanish multinational banking group, and the Sella Group have reportedly entered into a partnership that is focused on supporting Open finance. Through the partnership, BBVA will be providing its foreign clients, who are willing to operate in Italy and those of the newly… Read More

Moven Partners with ApexEdge to Support Financial Wellness Solutions

Moven has teamed up with ApexEdge in order to add breadth and depth to Moven’s financial wellness platform. The goal is to enable financial institutions and Fintech companies to provide solutions that save consumers money and offer services that provide unique cost savings to customers…. Read More

Nium Introduces Global Platform For Crypto-as-a-Service, Extends its BaaS Solution to US Markets

Nium, a company focused on payments and card issuance for businesses, has launched a global Crypto-as-a-Service (CaaS) solution and announced the extension of its Banking-as-a-Service (BaaS) solution to the US markets. Initial API-based elements from the new CaaS offering will enable financial institutions to “add… Read More

Bond Financial Technologies, Inc. Expands Into Embedded Credit

Bond Financial Technologies, Inc., the enterprise-grade platform for embedded finance, announces the availability of its new product, Bond Embedded Credit. Clients are able to build and deploy personalized credit products via a single integration, including underwriting, risk management, servicing, and compliance. Embedded Credit, along with… Read More

Financial Services Firm Bling Card Requests Treezor to Create Pocket Money App for Kids, Teens

Bling Card has teamed up with SocGen-owned banking-as-a-service (BaaS) firm Treezor in order create a prepaid pocket money card and financial education app for children in Germany. With the Bling Card, kids and teenagers are able pay independently and securely at merchant outlets in Germany…. Read More

What’s Up with BNPL? Banking as a Service? Timothy Li of Alchemy Explains

Buy now, pay later (BNPL) is a red hot sector of Fintech. Combine this with banking as a service (BaaS) and you see two dominant trends in the transition from legacy banks to Fintech everywhere with embedded services and on-demand finance. Research and Markets predicts… Read More

Temenos and Green Dot Join on Cloud Based Digital Bank Service

Temenos (SIX: TEMN) and Green Dot (NYSE: GDOT) are working together to power a digital banking service. Green Dot will use the Temenos Banking Cloud as its platform of choice to power its banking platform services (BaaS) partners. This will enable it to embed financial… Read More

Mbanq Signs with Temenos to Provide Credit Union-as-a-Service and Accelerate BaaS in US Markets

Silicon Valley-headquartered Mbanq, a Banking-as-a-Service (BaaS) provider that claims to be one of the fastest-growing Fintech firms, has entered into an agreement with Temenos (SIX: TEMN), the Open Cloud banking firm, in order to introduce an innovative Credit-Union-as-a Service (CUaaS) offering, and to “accelerate BaaS… Read More

Pan European Fintech Monese Appoints Atul Choudrie as MD, Steve Tryner as CFO, Stephen Chang as VP Operations

Monese, the pan-European Fintech firm, reveals that it has appointed Atul Choudrie to the MD role at its banking-as-a-service (BaaS) division; Steve Tryner as Chief Financial Officer; and Stephen Chang as VP Operations at Monese. As first reported by Finextra, these appointments aim to bring… Read More

BaaS Fintech Swan Secures €16M via Series A led by Accel

eFounders-formed Banking-as-a-Service (BaaS) Fintech Swan has secured €16 million in funding via a Series A round that was led by Accel. Swan’s latest investment round has come about a year after the Fintech firm finalized its seed round. The company claims that it now has… Read More

UK’s Digital Bank Starling to Expand Business Operations into Europe

UK-based digital bank Starling is expanding its business operations into Europe. As of H1 2022, “subject to regulatory approval,” Starling intends to make its Banking as a Service (BaaS) solution offering available in the European Union, which includes France, Germany, The Netherlands and Spain, according… Read More

Cloud enabled Financial Risk Platform Feedzai and Berlin’s BaaS Fintech SolarisBank Announce Partnership

Feedzai, a US Cloud-powered financial risk management platform, and Berlin’s Banking-as-a-Service (BaaS) service provider Solarisbank have entered a multi-year partnership (announced at Money20/20 Europe). Through the partnership, Solarisbank will be leveraging Feedzai’s innovative tech, which will allow them to apply a proper risk management approach… Read More

Fintech Firm Nium Teams Up with Weavr on New Embedded Banking and Payments Service

Nium and Weavr revealed on Monday (September 20, 2021) that they’ve formed a strategic partnership that should make Nium’s BaaS (Banking-as-a-Service) API suite accessible to Weavr’s clients. The BaaS solutions from Nium should allow them develop, deploy and run embedded banking services. Weavr aims to… Read More

Send this to a friend