What is Banking as a Service (BaaS)? Axway experts answer #openbanking questions. #shorts
BaaS (Banking as a Service) refers to a model where banks provide their banking infrastructure and services to third-party companies to use and incorporate into their own products and services. This means that non-traditional banking companies, such as fintechs, can leverage a bank’s existing core banking processes. Read the blog for more details: https://blog.axway.com/industry-insights/banking-finance/baas-embedded-finance-open-banking?utm_source=youtube&utm_medium=social&utm_campaign=api_marketplace_banking_gc&utm_content=glossary_videos Visit @AxwaySoftware for more!
