Harnessing the Power of Technology for Banking-as-a-Service
Learn about the seven distinct technology attributes Banking-as-a-Service demands
Embedded finance and consequently Banking-as-a-Service (BaaS) are on an exponential trajectory of disrupting the banking value chain, mainly in retail and SME. The market capital of organizations engaged in embedded finance globally is expected to reach $7 trillion by 2030 according to various analyst reports.
$7t
Market value created by embedded finance activities by 2030
24%
CABR of embedded finance revenues from 2022 to 2029
39%
Banks already have or intend to have a BaaS strategy
Read this white paper to learn the market drivers behind the rise of embedded finance, and the seven key attributes of technology that BaaS demands.
About the Author
Kanika Hope is the Chief Strategy Officer, leading Temenos’ global business strategy with responsibility for market intelligence, strategic sales support and value-based selling. Kanika joined Temenos in 2015 as Global Strategic Business Development Director and she laid the foundation of value selling in Temenos. She established the renowned Temenos Value Benchmark program and an influential series of thought leadership insights on strategic banking issues and trends.
Kanika has nearly 30 years experience in banking technology and operations and has held senior roles within SAP, McKinsey and General Electric. Kanika holds an MBA from the Indian Institute of Management, Bangalore.
Temenos advances platform capabilities to accelerate Banking-as-a-Service
Temenos is the banking platform of choice for embedded finance, enabling licensed banks and BaaS providers to offer BaaS to brands and fintechs
Want to harness the power of BaaS?
From retailers and airlines, to ride-sharing apps and coffee chains, brands are embedding financial services into their online and mobile offerings to increase revenues, build customer loyalty and gain deeper insights about them.
How Temenos challenges the banking industry’s conventions
The way people bank is evolving. Banking services are increasingly embedded in people’s everyday
lives – banking itself is becoming a journey and an experience.