Fintech Insider Podcast by 11:FS cover image

452. Insights: Banking as a Service - the tech behind fintech

Fintech Insider Podcast by 11:FS

00:00

The Role of Banks in the Financial Services Industry

The banking as a service provider will need to work in partnership with different banks in each jurisdiction. Platform technology businesses do not want to be regulated financial services providers in every every geography and there's 195 countries to try and cover somehow. Banks have struggled at the things that the big techs are really good at which is creating this beautiful user experience, Simon says.

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