Banking as a Service (BaaS) and Embedded Finance: Trends, Challenges, and Future Horizons
Banking as a Service (BaaS) is revolutionizing the financial technology landscape, providing a gateway for businesses without their payment infrastructure to leverage the capabilities of licensed banks or financial institutions. This innovative solution facilitates seamless integration of banking and payment services into various platforms, significantly reducing time-to-market. According to Proficient Market Insights, the Banking as…