Banking as a Service has seen a significant increase in popularity. This rapidly growing market is expected to be worth $75 billion by 2030. It provides a valuable opportunity for mid-sized banks to attract new customers without making significant time or financial investments. Nonetheless, for banks to thrive in the BaaS landscape, they must implement an API management platform.
This video delves into APIs, which are at the heart of BaaS offerings. APIs enable banks to provide their products to partners as building blocks. Although developing APIs is not difficult, mid-sized banks frequently overlook proper tracking, monitoring, and security, resulting in partner dissatisfaction and business loss.