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Banking as a Platform (BaaP) is a software-based approach to banking that enables banks to offer a range of services to their customers. It is based on the concept of a platform, which allows banks to provide a range of services, such as payments, deposits, loans, and investments, through a single interface. BaaP also enables banks to offer services to customers in different countries, allowing them to access services from different banks in different countries.
BaaP is designed to provide banks with a more efficient and cost-effective way to offer services to their customers. It also allows banks to offer services to customers in different countries, allowing them to access services from different banks in different countries.
BaaP is becoming increasingly popular among banks, as it allows them to offer a range of services to their customers in a more efficient and cost-effective way.
Some companies in the Banking as a Platform market include FIS, Temenos, Finastra, and Oracle. Show Less Read more