An Introduction To Banking As A Service
May 31, 2023Banking as a Service links these businesses with online customers to the systems of licensed banks through an API (Application Program Interface) connection for integration. It often uses third-party BaaS platform providers with middleware software program and monetary functions. Aggregators looking for a worldwide service must work with multiple banks and card providers worldwide. The monetary landscape has shifted for small and medium-sized companies (SMBs) because of platforms and marketplaces. Without the necessity t...