Vendor Selection, Due Diligence, Ongoing Monitoring

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Managing Banking as a Service Vendor Partnerships 

12-29-2023 07:30 AM

Services like digital wallets and peer-to-peer lending are everywhere and convenient for customers to easily access from mobile phones, tablets, or laptops. BaaS fuels these services with partnerships between a licensed bank and a non-bank entity, like a fintech. While there are many benefits of BaaS, these services come with risks on both sides of the partnerships. Learn more in the infographic.

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