Latest Banking-as-a-service News: Finextra Research

Company update/payments

Evita joins with Layer2 Financial for high-value B2B cross-border payments

Layer2 Financial, a leading BaaS and payments infrastructure technology, is excited to announce a strategic partnership with Evita, a B2B cross-border payments solution specializing in large transactions.

21 December 2023

Company update/people

Unlimit hires ex-Burberry, ex-Adyen sales chief Colin Neil

Unlimit, the global fintech company, announced today Colin Neil as its new Global Chief Sales Officer.

19 December 2023

Research/Banking-as-a-serviceEvent Report

Cloud innovation paves path to the future

19 December 2023 183 downloads

News/cloud

PwC forms alliance with Starling's Engine SaaS platform

PwC has signed on as a strategic implementation platform for Starling Bank's Software-as-a-Service platform, Engine.

07 December 2023

News/payments

TrueLayer partners with Lunar for Nordic push

UK open banking vendor TrueLayer is hopping on the payment infrastructure of Nordic challenger bank Lunar in a bid to extend its account-to-account payment services across Denmark, Sweden and Norway.

06 December 2023

News/retail

Finastra survey shows global investment in AI, embedded finance, and BaaS

Finastra’s annual global State of the Nation Survey revealed that the financial services sector is investing in new innovations in artificial intelligence (AI), embedded finance, and Banking-as-a-Service (BaaS).

01 December 2023

Company update/retail

GFT to act as implementation partner for Engine by Starling

Starling Bank is working with GFT, the global digital transformation pioneer, as an implementation partner for its Software-as-a-Service business, Engine by Starling.

30 November 2023

Company update/people

Griffin grows management team

Griffin, the API-first UK bank and full-stack Banking as a Service platform, today announced the addition of seven new senior team members across key areas of the business.

30 November 2023

Company update/payments

Codebase joins with eFinance Investment Group to launch BaaS joint venture

Codebase Technologies, a leading global digital banking technology provider, announced its strategic joint venture at Cairo ICT 2023 with eFinance Investment Group, one of Egypt’s leading payment and digital banking technology companies, and Visa.

28 November 2023

Company update/payments

Mastercard partners areeba in Middle East

Mastercard has entered a long-term strategic collaboration with areeba, a leading payment processing service provider in the Middle East, to bring new Mastercard Card-as-a-Service (CaaS) and Bank-as-a-Fintech (BaaF) propositions to their markets.

20 November 2023

News/retail

Starling signs first banking client for SaaS platform

Starling Bank has signed Romania's Salt Bank as the first client for its Software-as-a-Service platform, Engine.

16 November 2023

Finextra TV/retail

The positive impact of AI on customer experience in financial services

With the shift from Google to GPT-4 for information searches, Greg Krasnov, the founder of Tonik Bank, examines AI’s growing influence on the financial industry ahead of this week's Singapore FinTech Festival. The discussion explores how banks are adopting AI, the implementation of Gen AI in customer interactions, where friction between regulation and innovation may arise, and the impact it is having on customer acquisition and credit applications.

15 November 2023

News/retail

Brazilian BaaS platform QI Tech raises $200 million

Brazilian Banking-as-a-Service platform QI Tech has raised $200 million in a Series B round led by General Atlantic.

02 November 2023

News/retail

Synapse lays off 40% of workforce after major client defects

US-based Banking-as-a-Service startup Synapse has laid of 40% of its workforce after losing a major client.

10 October 2023

News/payments

Weavr shuts down recently-acquired Comma app

London-based embedded finance firm Weavr is shutting down Comma, the open banking payments app it acquired just months ago.

03 October 2023

Company update/retail

Banking becoming byte-sized with rise of embedded finance

Banks must harness disruptive technologies and create their own or actively participate in digital ecosystems to remain at the heart of the banking universe, according to a global Economist Impact study, commissioned by Temenos, which surveyed 300 banks across the globe.

28 September 2023

Finextra TV/Sibos

Navigating compliance-as-a-service solutions

Radha Suvarna, Head and Chief Product Officer, BaaS & Value Added Payment Solutions at Finastra, is joined by Peter Reynolds, CEO at Thetaray, and Gideon Drori, CEO and President at Fincom, to discuss the solutions helping banks’ address risk and compliance challenges at Sibos 2023.

27 September 2023

Company update/retail

Credibly taps Green Dot's BaaS product to offer banking services to customers

Credibly, the data science-driven fintech lending platform that champions small- and medium-sized businesses (SMBs), is partnering with Green Dot (NYSE: GDOT) to expand its suite of small business financial products to include accessible, intuitive and useful business banking solutions.

27 September 2023

Company update/retail

Brankas and Konsentus launch Banking-as a-Service platform

Konsentus has teamed up with Brankas to enable financial institutions, central banks, and regulators to accelerate their open finance journeys.

26 September 2023

News/payments

Solaris struggles to raise funds to meet major credit card contract - FT

German Banking-as-a-Service outfit Solaris is struggling to raise fund to execute on a major credit card contract with Munich-based motor association Adac, the FT reports.

26 September 2023