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Rabu, 11 September 2019

Open banking is set to bring in $2 billion in new business opportunities by 2024 – here’s how incumbents can capitalize

Business Insider Intelligence

The Rise of Banking-as-a-Service

The most innovative banks are taking advantage of disruption by inventing a new revenue stream — here's how incumbents can follow suit
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In The Rise of Banking-as-a-Service report, Business Insider Intelligence looks at the benefits banks stand to gain by offering BaaS platforms, discusses key players in the industry that have already successfully launched BaaS platforms, and recommends strategies for FIs looking to move into BaaS.

The companies mentioned in this report are: BBVA, Clearbank, Foundry, Starling.


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In full, this exclusive report:

  • Outlines what BaaS is and how it relates to open banking
  • Highlights the benefits of launching a BaaS platform, including two different monetization strategies
  • Explains what BaaS players are currently doing in the space, and outlines the services they offer
  • Discusses what incumbent players can do in order to launch their own successful BaaS platform
  • And much more.
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