Banking-as-a-Service: Lessons Learned from the Synapse-Evolve Saga
Banking-as-a-Service: A Deep Dive into the Synapse-Evolve Bank Case Banking-as-a-Service (BaaS) has transformed the financial landscape. It has offered third-party companies the ability to provide financial services without obtaining a banking license. However, the recent turbulence around Synapse, a BaaS provider, and Evolve Bank reveals both the power and pitfalls of this rapidly evolving ecosystem….
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