BaaS

Banking-as-a-service will hit mainstream adoption

CIO Tech Team

Analysts continue to explore digital banking trends Banking-as-a-Service (BaaS) will hit mainstream adoption within two years, according to the latest Gartner Hype Cycle for Digital Banking Transformation. Gartner predicts that 30% of banks with greater than $1 billion in assets will launch BaaS for new revenue by the end of…

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Banking-as-a-service sets Asia/Pacific banks to hit 18 per cent of revenues

CIO Tech Team

With BaaS, the bank can externalize products. Banks are set to hit as much as 18 per cent of revenues through Banking-as-a-Service (BaaS) partners. The new report looks at the emergence of BaaS as a strategic imperative for Asia/Pacific banks and outlines the eight key components of a good BaaS…

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