Banking-as-a-Service stories

UK bank Griffin posts fivefold revenue surge as it processes GBP £3 billion in payments and signs more than 50 platform customers.

Ecommpay has been shortlisted for four FStech 2025 awards, underlining its role in driving innovation, security and inclusion in payments.

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.

Constantinople teams up with Paymentology to enhance Banking-as-a-Service in Australia, boosting card issuing and payment tech for local banks and fintechs.

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.

Viva Technology ranks Top 100 Rising European Startups for 2025, spotlighting 15 AI firms among emerging innovators across 22 sectors and 13 countries.

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

Griffin, a UK bank for fintech firms, exits early access phase with its platform now generally available, aiming to transform finance integration.

Payments solutions provider Equals Money unveils its Banking-as-a-Service offering at Money2020 Amsterdam, empowering businesses to launch digital payment services swiftly using its robust infrastructure.

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.

Changes have already begun and are gaining momentum, indicating a rapid evolution of BaaS and BaaS-powered business models.

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 has expanded its distribution agreement with Ingram Micro to offer its data services in Australia and New Zealand.

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.

IBM has been recognised as the top industrial Blockchain-as-a-Service provider, leading in innovation and implementation, according to ABI Research.