Banking-as-a-Service stories

Unlimit appoints Irene Skrynova CEO of global payments to unify its processing, product and tech as it pivots to financial infrastructure.

ACI Connetic for Cards promises unified issuing, acquiring and ATM processing as banks race to modernise card systems and fight fraud.

10x Banking launches version 10.0 of its core platform, its 100th release, adding richer lending tools and custom logic hooks for banks.

Autonomous AI 'agentic customers' will upend banking, FICO warns, reshaping pricing, risk and customer ties as USD $3tn value beckons.

Unlimit appoints Hong Kong-based Michele Fung as Asia-Pacific head to drive regional expansion in increasingly competitive payments markets.

Banks are shifting from product sellers to trusted digital infrastructure, fusing AI, mobile, embedded finance, identity and digital currencies.

Airwallex launches an AI assistant in its web app, promising to simplify onboarding and day-to-day finance tasks for multi-currency businesses.

Remara picks 10x Banking's cloud-native core to speed new lending and investment products and fuel ANZ and Southeast Asia expansion.

10x Banking and Singapore's audax have teamed up to help banks launch full digital services in six months while phasing out legacy cores.

Mangopay hires former Spotify and GoCardless executive Andy Wiggan as Chief Product Officer to drive wallet-first growth and crypto expansion.

Atlas Consolidated raised USD $18.1 million to boost growth of HugoHub, its fintech platform cutting banking tech costs by up to 90% for global banks.

Ping Identity has honoured the winners of the 2024 Identity Excellence Awards in Asia Pacific, celebrating outstanding leaders in the identity sector.

Paymentology and Audax join forces to deliver an innovative Cards-as-a-Service solution, simplifying and speeding up card programme launches for banks and FIs in Southeast Asia and the Middle East.

Temenos achieves record-breaking performance with its Banking Cloud on Microsoft Azure and MongoDB Atlas infrastructure.

Some 30% of banks with greater than $1bn in assets will launch BaaS for new revenue by the end of 2024, but half will not meet revenue expectations.

The shift from legacy banking processes to Banking as a Service is well underway, with established banks at risk of being left behind without adoption.

Commvault expands its Metallic BaaS portfolio with new data protection solutions, features and enterprise workload support.

VMware Blockchain's enterprise-grade platform allows businesses to build networks and deploy decentralized applications efficiently and securely.

Companies are leveraging digital technologies in the supply chain to create new disruptive product offerings, services and business models.

This year blockchain is starting to find its feet as innovators find the use-cases that suit the specific areas in which it can provide value.