Banking as a Service

Backbase Opens Dubai Office to Accelerate Digital-first Banking in the Middle East Region

Retrieved on: 
Wednesday, October 2, 2019
Software, Finance, Banking, Technology, Professional services, Mobile, Wireless, Economy, Finance, Money, Financial markets, Banking, Digital banking, Financial technology, Mobile banking, Bank, Online banking, Banking as a Service

This move is a direct response to the increasing demand in the region, where banks show growing ambitions to deliver superior digital services and state-of-the-art mobile banking apps.

Key Points: 
  • This move is a direct response to the increasing demand in the region, where banks show growing ambitions to deliver superior digital services and state-of-the-art mobile banking apps.
  • The Backbase Digital-First Banking Platform enables financial institutions to blend traditional banking services and modern fintech capabilities into seamless digital customer experiences.
  • We see a lot of opportunities to help incumbent banks in the Middle East become digital-first by upgrading their offerings with neo banking capabilities and state-of-the-art onboarding journeys, says Saqib Khan, Head of the Middle East at Backbase.
  • The Backbase Digital-First Banking Platform enables financial institutions to complement their legacy systems with a comprehensive Digital Banking layer.

BaaS Provider, Comport, Explains the Ins and Out of Backup as a Service

Retrieved on: 
Wednesday, September 4, 2019
Computing, Digital technology, Backup software, Cloud storage, Information and communications technology, Cloud infrastructure, Backup, Data security, Records management, Cloud computing, Banking as a Service, Remote backup service

According to BaaS providers , Comport, making the switch to a more secure and reliable backup system can significantly reduce your risk of loss and interruption.

Key Points: 
  • According to BaaS providers , Comport, making the switch to a more secure and reliable backup system can significantly reduce your risk of loss and interruption.
  • In the past, creating a backup meant creating physical copies of your files and storing them in a secure location.
  • Backup as a Service makes this process easy and secure, ensuring you are always covered.
  • ComportSecure Backup as a Service Provider has established a cutting edge cloud-based solution for cloud managed services.

Data Gumbo Commended by Frost & Sullivan for Automating Contract Execution in the Oil and Gas Industry with Its Blockchain-as-a-Service

Retrieved on: 
Thursday, August 8, 2019
Cryptocurrencies, Blockchains, Computing, Technology, Articles, Decentralization, Smart contract, Banking as a Service

Data Gumbo designed its fully managed BaaS platform solution specifically for the oil and gas sector to coordinate the entire process of data acquisition, validation, and execution.

Key Points: 
  • Data Gumbo designed its fully managed BaaS platform solution specifically for the oil and gas sector to coordinate the entire process of data acquisition, validation, and execution.
  • It enables unprecedented levels of trust in the consensus data, aligns incentives across the board for maximum efficiency, and automates contract execution.
  • "Data Gumbo recognizes key performance indicators in a smart contract solution depending on the timelines and completion schedules important to operators, contractors, and suppliers.
  • Data Gumbo is the Blockchain-as-a-Service (BaaS) company creating a massively interconnected blockchain network for industrial companies, including oil and gas.

Data Gumbo Commended by Frost & Sullivan for Automating Contract Execution in the Oil and Gas Industry with Its Blockchain-as-a-Service

Retrieved on: 
Thursday, August 8, 2019
Cryptocurrencies, Blockchains, Computing, Technology, Articles, Decentralization, Smart contract, Banking as a Service

Data Gumbo designed its fully managed BaaS platform solution specifically for the oil and gas sector to coordinate the entire process of data acquisition, validation, and execution.

Key Points: 
  • Data Gumbo designed its fully managed BaaS platform solution specifically for the oil and gas sector to coordinate the entire process of data acquisition, validation, and execution.
  • It enables unprecedented levels of trust in the consensus data, aligns incentives across the board for maximum efficiency, and automates contract execution.
  • "Data Gumbo recognizes key performance indicators in a smart contract solution depending on the timelines and completion schedules important to operators, contractors, and suppliers.
  • Data Gumbo is the Blockchain-as-a-Service (BaaS) company creating a massively interconnected blockchain network for industrial companies, including oil and gas.

Wise Partners With BBVA Open Platform to Launch a Small Business Banking Experience Focused on Growth

Retrieved on: 
Thursday, August 1, 2019
Finance, Economy, Money, Financial markets, Banco Bilbao Vizcaya Argentaria, Banks, IBEX-35, Banking as a Service, WISE, ING Group, Financial technology

SAN MATEO, Calif., Aug. 1, 2019 /PRNewswire-PRWeb/ -- San Mateo-based FinTech startup Wise has announced the launch of its small business banking product in partnership with BBVA Open Platform.

Key Points: 
  • SAN MATEO, Calif., Aug. 1, 2019 /PRNewswire-PRWeb/ -- San Mateo-based FinTech startup Wise has announced the launch of its small business banking product in partnership with BBVA Open Platform.
  • Starting today, small businesses on the Wise waitlist will be offered full access to the Wise banking experience on web, iPad, iPhone and Android devices .
  • Speaking about the launch, BBVA Open Platform CEO, Abhishek Gupta said: "We're delighted that Wise is using BBVA Open Platform's APIs to offer best-in-class banking to small businesses in the U.S.
  • Wise leveraged Open Platform's full suite of Banking as a Service (BaaS) products to build an outstanding, fully-compliant small business banking experience.

Mbanq Acquires AgilityFour

Retrieved on: 
Monday, July 8, 2019
Banking, Professional services, Finance, Economy, Finance, Money, Financial markets, As a service, Banking as a Service, Mobile backend as a service, Core banking, Financial technology, ING Group

Leading digital core and Banking as a Service (BaaS) provider, Mbanq, has acquired AgilityFour, an online and mobile banking platform, from FinTech investor, Park Capital.

Key Points: 
  • Leading digital core and Banking as a Service (BaaS) provider, Mbanq, has acquired AgilityFour, an online and mobile banking platform, from FinTech investor, Park Capital.
  • Alexander Lopatine, Managing Partner of Park Capital, joins Mbanq as Head of the Americas and Kai Ravnborg, previously CEO of AgilityFour, will become President of Mbanqs Credit Union Service Organization (CUSO).
  • Vlad Lounegov, Mbanq CEO, says, The acquisition of AgilityFour will enhance and accelerate Mbanqs US market growth.
  • With 150 employees, Mbanq is one of the fastest-growing and most comprehensive BaaS and core banking providers in the world.

Leading Fintech Innovator Cross River Announces Acquisition of Seed Small Business Banking Platform

Retrieved on: 
Monday, June 24, 2019
Banking, Professional services, Economy, Finance, Money, Financial markets, As a service, Banking as a Service

Cross River Bank (Cross River), a leading innovator and provider of banking services for technology companies, today announced that it has acquired the Seed online small business banking technology platform.

Key Points: 
  • Cross River Bank (Cross River), a leading innovator and provider of banking services for technology companies, today announced that it has acquired the Seed online small business banking technology platform.
  • With the acquisition of the Seed platform, Cross River will expand its BaaS offerings, providing additional services for both current and prospective clients.
  • This provides Cross River with the opportunity to grow and expand its existing technology, and to ramp up its small business banking solutions.
  • As the Cross River and Seed teams integrate, they will focus on incorporating the Seed technology platform and expanding current offerings and additional business lines for future growth.

 Mbanq - One of the Fastest-Growing FinTechs - Celebrates Third Birthday with Profitability

Retrieved on: 
Thursday, June 20, 2019
Technology, Mobile, Wireless, Finance, Banking, Professional services, Internet, Other Professional Services, Economy, Financial markets, As a service, Banking as a Service, Bank, Digital banking

Silicon Valley-based, digital banking core and Banking as a Service (BaaS) provider Mbanq has reached profitability as it celebrates its third anniversary.

Key Points: 
  • Silicon Valley-based, digital banking core and Banking as a Service (BaaS) provider Mbanq has reached profitability as it celebrates its third anniversary.
  • This speed of client acquisition is expected to drive growth in Mbanqs 2019 projected revenue to achieve a 300% increase over 2018.
  • Lars Rottweiler, Mbanqs CTO, says: Mbanq has experienced rapid success because banks and FinTechs are natural partners.
  • Silicon Valley-based Mbanq is a universal digital banking platform for traditional banks, neo-banks and FinTechs.

Global Backend-as-a-Service (BaaS) Market Analysis, Trends, and Forecasts to 2024 - Spiraling Adoption of Web Apps Expands the Addressable Market Opportunity for BaaS - ResearchAndMarkets.com

Retrieved on: 
Friday, June 14, 2019
Technology, Other Technology, As a service, Computing, Digital technology, Mobile backend as a service, Mobile software development, Software industry, Baas, Economy, Baas, Banking as a Service, Lourens Baas Becking, Jean-Charles de Baas

Baas - How Does it Work?

Key Points: 

Baas - How Does it Work?