Baas

Synapse Saga Emphasizes Tangled Web Between FinTechs, Middlemen and Sponsor Banks
Synapse Saga Emphasizes Tangled Web Between FinTechs, Middlemen and Sponsor Banks
May 10, 2024  |  Acquisitions

In biology, a synapse is essentially a conduit, a place in the brain where neurons connect and communicate. In financial services, the recent news that...

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Thredd CEO: Compliance Will Define Future of Payments
Thredd CEO: Compliance Will Define Future of Payments
April 25, 2024  |  Payments Innovation

Whenever you see a successful business, someone once made a courageous decision. That quote, by management consultant Peter F. Drucker, holds more true today than...

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TabaPay to Acquire Assets of Bankrupt FinTech Synapse
TabaPay to Acquire Assets of Bankrupt FinTech Synapse
April 21, 2024  |  Acquisitions

Instant money movement platform TabaPay is acquiring Synapse’s assets following the latter company’s bankruptcy. The deal, announced Friday (April 19), will allow TabaPay to offer new financial services for FinTechs and...

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Green Dot Names Marqeta Vet Renata Caine as BaaS Lead
Green Dot Names Marqeta Vet Renata Caine as BaaS Lead
April 15, 2024  |  Personnel

Green Dot has named payments industry veteran Renata Caine as its new Banking-as-a-Service (BaaS) general manager. Caine previously worked at Marqeta and at the commercial payments division of WEX, the...

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Finzly Helps Banks of All Sizes Enter Embedded Banking Market
Finzly Helps Banks of All Sizes Enter Embedded Banking Market
April 04, 2024  |  Digital Banking

Finzly has launched a new solution designed to help banks of all sizes participate in the embedded banking market. The new Account Galaxy includes virtual account and virtual...

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Banking-as-a-Service 2.0 Helps Senders Monetize Instant Payments Ecosystems
Banking-as-a-Service 2.0 Helps Senders Monetize Instant Payments Ecosystems
March 12, 2024  |  Digital Banking

The evolution of money movement, and of banking, are intrinsically linked. That’s why, as money became digitized and embedded, so too did banking, via the...

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Griffin Launches as Fully Operational UK Bank and Raises $24 Million
Griffin Launches as Fully Operational UK Bank and Raises $24 Million
March 11, 2024  |  Digital Banking

British banking-as-a-service (BaaS) platform Griffin is now officially a fully operational bank. The company announced Sunday (March 10) that it had received approval from the...

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APIs and Points of Vulnerability Spotlight BaaS Risks as Platforms Evolve 
APIs and Points of Vulnerability Spotlight BaaS Risks as Platforms Evolve 
March 11, 2024  |  Banking

If there’s a surety in financial services, it’s that hackers and bad actors probe ecosystems and platforms for points of vulnerability, looking for weak links...

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Treasury Prime Cuts Staff Amid Shift to ‘Bank-Direct’ Offering
Treasury Prime Cuts Staff Amid Shift to ‘Bank-Direct’ Offering
February 29, 2024  |  Banking

Embedded banking firm Treasury Prime is cutting staff amid a new shift in strategy. “For years, we’ve been saying that the future of banking is embedded, with regulated...

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