BaaS models buffeted by industry headwinds.

Our CEO, Jim McCarthy, was asked to share his thoughts with Euromoney on the current state of Banking-as-a-Service (BaaS) amidst recent industry shifts.

"I have previously spoken about the opportunity for compliance to become a differentiator and this has never been more apparent, particularly in the US market. The challenge for fintechs – particularly those that are smaller or newly launched – is that the implementation and running of robust back-office processes can be time consuming and expensive.” Jim commented.

Read the full article here.