Banking as a Service: Opportunities, Challenges, and Risks of New Banking Business Models

Banking as a Service (BaaS) is a game-changer in the financial services sector, transforming how consumers experience financial products and the business models delivering them. This book provides a comprehensive look at BaaS, including its origins, evolution, future, and applications across global markets. It helps readers demystify a complex evolving field and understand its key opportunities, challenges, and risks. It also offers a framework for understanding where BaaS came from, how it changes the economics and business models of banking products and services, its impact on key stakeholders, and its key regulatory implications.

Format: Hardback
Length: 264 pages
Publication date: 03 December 2024
Publisher: Kogan Page Ltd

Banking as a Service (BaaS) is a game-changer in the financial services sector, revolutionizing both how consumers experience financial products and the business models delivering them. This comprehensive book provides a measured overview of BaaS, helping readers to demystify a complex evolving field and understand its key opportunities, challenges, and risks. It 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. It also offers a framework for thinking about whether or not they are sustainable. The book 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.

Weight: 516g
Dimension: 242 x 162 x 23 (mm)
ISBN-13: 9781398617902