Banking-as-a-Service stories

Autonomous AI 'agentic customers' will upend banking, FICO warns, reshaping pricing, risk and customer ties as USD $3tn value beckons.

Unlimit appoints Hong Kong-based Michele Fung as Asia-Pacific head to drive regional expansion in increasingly competitive payments markets.

Banks are shifting from product sellers to trusted digital infrastructure, fusing AI, mobile, embedded finance, identity and digital currencies.

Airwallex launches an AI assistant in its web app, promising to simplify onboarding and day-to-day finance tasks for multi-currency businesses.

Remara picks 10x Banking's cloud-native core to speed new lending and investment products and fuel ANZ and Southeast Asia expansion.

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.

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.

Temenos achieves record-breaking performance with its Banking Cloud on Microsoft Azure and MongoDB Atlas infrastructure.

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.

This year blockchain is starting to find its feet as innovators find the use-cases that suit the specific areas in which it can provide value.

Blockchain's reality lags hype, with 89% of CIOs in early stages or not planning deployments, Gartner reports.

90% of enterprise blockchain platforms will need replacing by 2021 to stay competitive, according to Gartner. Fragmented market causing confusion for buyers.

Blockchain technology has the potential to inject growth into New Zealand's economy, according to BlockchainNZ's executive director.