The Art Of The Possible: What is BaaS?

If there's one thing banking does...it's come up with acronyms! DDA, MOU, CRA, DEI, OREO (my favorite)...and recently BaaS. So, what is "banking as a service"? What does it really mean? What does it do for us? Why is it something that we need to pay attention to in the community banking industry? Angus Ross, Chief Growth and Revenue Officer for BaaS at Finastra stopped by to have this conversation with us. We reference the whitepaper that Finastra commissioned several times on the show and you can find that here: https://www.finastra.com/viewpoints/white-paper/baas-global-outlook-2022 You can learn more about Finastra at https://www.finastra.com/ And finally, don't forget our sponsor, ICBA Securities and the good work they do. Learn more about them at https://www.icba.org/icba-securities