Banking As A Service: Advantages Of Api In Open Banking
BaaS, nevertheless, often includes a extra direct relationship between the fintech business and its customers because the business functions like a financial institution to some extent https://www.cyber-life.info/lessons-learned-about-17/. As a outcome, businesses offering BaaS are topic to more regulatory oversight, licensing necessities, reporting obligations, and necessities for in-house compliance officers. Embedded finance and BaaS eliminate the […]
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