Open banking is poised to be the next wave of digital transformation in the financial sector. One of the key components to open banking is banking-as-a-service (BaaS), in which banks open up their systems and allow FinTechs and other third parties to build offerings on their regulated infrastructure. Mexico’s Accendo Banco has been an early adopter to this trend. Host Taneia Bhardwaj chats with the bank’s director of consumer banking, Francisco Perales, to understand if the BaaS bet has paid off.
Tune in to discover:
- Why BaaS is the future
- White-label banking strategy
- How open banking is driving financial inclusion in Latin America
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