Compliance That Makes Sense

096 - How to Choose a Banking-as-a-Service Partner


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I’ve been asked by many different people about how to choose a banking-as-a-service partner and the differences between banking-as-a-service partners and FinTech-friendly banking partners. So, I’ve put everything you need to know about this topic into this podcast episode! 

If you found value in this episode, I would really appreciate if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just click here to review, select “Ratings and Reviews” and “Write a Review” and tell me what your favorite part of the podcast is. 

 

Today's episode:

[00:45] The reason why I chose banking-as-a-service as today’s topic. 

[01:31] An explanation of what banking-as-a-service is (hint: it’s not just a bank that offers services to FinTech startups).

[03:23] Some of the most popular banking-as-a-service providers.

[04:00] Another term for banking-as-a-service. 

[04:28] The difference between banking-as-a-service and cards-as-a-service platforms.

[00:39] Comparing banking-as-a-service and open banking.

[06:04] How a FinTech-friendly banking partner differs from a banking-as-a-service partner.

[06:54] Examples of conditions that some banking-as-a-service partners have put in place in relation to their potential clients.  

[10:17] The best way to get in touch with a banking-as-a-service partner. 

[10:47] Best of luck! 

 

Show links:

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Compliance That Makes SenseBy Yana Afanasieva

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