Friday,14 June 2024

Finastra's Rodrigues: “By 2025, 26% of all small business financing will be through Banking as a Service channels”

5 min read

Interviewed By TABLive

Barry Rodrigues, Finastra discusses how consumers’ and corporates’ access to financial services through multiple channels in addition to banks’ own channels is driving evolution in Banking as a Service. “Capitalising on the digital advances that we've made in the pandemic era, we, as an industry and as a bank, got an amazing amount of unique opportunities ahead of us. Whether it’s using technology such as distributed ledgers, working with central banks on building digital currency capability, whether it's working with interconnected networks to create a seamless frictionless cross-border payment experience for a corporate client and the consumers out there,” he said.

Keywords: Baas, Small Businesses, Financial Services
Institutions: Finastra
People : Barry Rodrigues
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