HSBC partners with Finastra on FX services
Jul 20, 2022
BaaS market to be valued at $7 trillion by 2030
While its application for treasury remains low, BaaS has strong growth potential, Finastra believes.
Retailers and corporates are exploring new sources for the provision of financial services, and increasingly they are utilising non‑banking channels. This has contributed to the rapid growth of banking-as-service (BaaS) and will propel the BaaS market’s value to $7 trillion by 2030, Finastra believes.
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