Making Sense of Banking as a Service (BaaS): Recent Applications and Considerations
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Description
Banking as a Service (“BaaS”) refers to arrangements where licensed banks integrate their digital banking services directly into the products of other non-bank businesses. Join Mayer Brown partners David Beam (Financial Services Regulatory & Enforcement), Rohith George and Joe Pennell and associate Julian Dibbell as moderator (all Technology Transactions) as they discuss these arrangements and how they compare to traditional technology outsourcing and other types of bank-fintech partnerships. The conversation will cover some of the key regulatory and contractual issues that arise when setting up these arrangements and other factors that financial institutions should consider when evaluating whether and how to enter the BaaS space.
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Published 04/18/24
Published 04/18/24