How BaaS is Transforming the Fintech Market
BaaS has enabled the deployment of technology to help fintech companies deliver agile and efficient financial products and services to customers with easy-to-integrate API-based architecture. Businesses across domains like healthcare, construction, and retail are leveraging the power of BaaS to elevate their customer experience.
Ultimately, customers are happy to access the required financial services on the provider’s platform without having to go through the complex procedures of traditional banking systems.
Their loyalty towards the brands further deepens because of the convenience, a win-win for both the provider and the user.
Here are 5 ways in which BaaS is setting the stage for fintech to disrupt the traditional banking sector:
- Elimination of Banking Licenses
- Reduction in Time to Market
- Baas Makes Way for Regtech
- Baas Bridges the Gap Between Fiat and Crypto
- Deeper Insights Helping Build Personalised Products
Discover the transformation in depth by reading the entire article.
