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About BaaS, Bank As A Service
The document discusses APIs and Bank-as-a-Service (BaaS) in fintech. It notes that BaaS allows banks to offer their services through APIs in a similar manner to how Amazon Web Services allows companies to offer services. It provides examples of BaaS platforms like The Bancorp and the Fidor Operating System, and describes how Fidor partners with companies like Telefonica to offer banking services through their platforms. The future of banking is moving towards an "unbundled" model where banks offer individual services through APIs that can be assembled by customers and fintech startups.
Detailed Information
| Author: | ['Web Financial Group '] |
|---|---|
| Publication Year: | 2016 |
| Pages: | 23 |
| Language: | English |
| Format: | |
| Price: | FREE |
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