Banking as a Service
eBook - ePub

Banking as a Service

Opportunities, Challenges, and Risks of New Banking Business Models

  1. 264 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

Banking as a Service

Opportunities, Challenges, and Risks of New Banking Business Models

About this book

This book provides a comprehensive look at banking-as-a-service (Baas), equipping readers with an understanding of the origins, evolution, future and applications of BaaS and the key differences across global markets. BaaS is a game changer in the financial services sector, radically transforming both how consumers experience financial products and the business models delivering them. Banking as a Service cuts through the hype to provide a measured overview of BaaS, helping readers to demystify a complex evolving field and understand its key opportunities, challenges and risks. It provides a framework for understanding where BaaS came from, how BaaS changes the economics and business models of banking products and services, its impact on key stakeholders, and its key regulatory implications. Banking as a Service explains how business and operating models work, exploring different models such as interchange, deposit gathering, loan origination-to-distribute, legacy, API-first, own licence, match-making and bank service providers and offers a framework for thinking about whether or not they're sustainable. It explores how BaaS operating and business models compare in different global territories and is supported by real-world examples and cases profiling organizations such as Blue Ridge Bank, Unit, Synapse, Goldman Sachs, Railsr, Starling, Solaris, Cacao Paycard, QNB, OnePipe, Airwallex, Nium and Pomelo. It also explains the differences between BaaS, embedded finance and open banking.

Frequently asked questions

Yes, you can cancel anytime from the Subscription tab in your account settings on the Perlego website. Your subscription will stay active until the end of your current billing period. Learn how to cancel your subscription.
At the moment all of our mobile-responsive ePub books are available to download via the app. Most of our PDFs are also available to download and we're working on making the final remaining ones downloadable now. Learn more here.
Perlego offers two plans: Essential and Complete
  • Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
  • Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
Both plans are available with monthly, semester, or annual billing cycles.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1 million books across 1000+ topics, we’ve got you covered! Learn more here.
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more here.
Yes! You can use the Perlego app on both iOS or Android devices to read anytime, anywhere — even offline. Perfect for commutes or when you’re on the go.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Yes, you can access Banking as a Service by Jason Mikula in PDF and/or ePUB format, as well as other popular books in Economics & Corporate Finance. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Kogan Page
Year
2024
Print ISBN
9781398617889
eBook ISBN
9781398617896
Edition
1
Topic
Economics
Subtopic
Corporate Finance
Index
Economics

Table of contents

  1. About the Author
  2. Foreword by Simon Taylor
  3. Preface
  4. Acknowledgements
  5. 1 What Is “Banking-as-a-Service,” and Where Did It Come From?
  6. 2 Why Do Fintechs Need Banking-as-a-Service?
  7. 3 The House that Durbin Built: US Fintechs’ Love Affair with Interchange
  8. 4 What’s in It for Banks? Primarily, a Low-Cost Source of Deposits
  9. 5 BaaS Business Models: Loan Origination-to-Distribute
  10. 6 What Are the Different BaaS Operating Models?
  11. 7 What Is the Difference Between Banking-as-a-Service and Embedded Finance?
  12. 8 Banking-as-a-Service Challenges Pose Questions about the Model’s Sustainability
  13. 9 US Case Studies: Synapse, Blue Ridge Bank, Goldman Sachs
  14. 10 UK/EU Case Studies: Railsr, Griffin, Solaris
  15. 11 Latin America Case Studies: Dock, Pomelo
  16. 12 Asia-Pacific Case Studies: Standard Chartered, Nium, Airwallex
  17. 13 Africa Case Studies: Ukheshe, Jumo, OnePipe
  18. 14 Middle East Case Studies: United Payment, QNB, NymCard
  19. 15 Where Does Banking-as-a-Service Go from Here?
  20. Abbreviations and Definitions
  21. Index