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Half of fintechs losing $11m per year in product...

 
New research from Aite-Novarica Group, commissioned by ClearBank, reveals the growing pains of BaaS and how fintechs are embracing Embedded Banking 40% of fintechs saw services go down, 33% have lost customers, and 20% have faced intervention by the regulator due to BaaS issues Despite industry confusion, 25% of fintechs are interested in moving from a BaaS to Embedded Banking provider to address these issues London & Amsterdam, October 11th, 2022 - Aite-Novarica Group today... Source: RealWire

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RealWire
Posted: October 11, 2022 |  By: Wissen Schwamm
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