Banking as a Service (BaaS)

RBWM Retail Banking: Introduction Free JAIIB Capsule 31 views Updated 23 Sep 2026

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RBWM · Retail Banking: Introduction

What is 'Banking as a Service' (BaaS) and how does it integrate with third-party organizations using APIs?

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BaaS allows fintechs and NBFCs to integrate with a bank's systems via APIs, building services upon the bank's regulated infrastructure.

This end-to-end digital approach facilitates open banking and creates innovative, seamless financial services for consumers.

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Banking as a Service (BaaS) — Full Text

What is 'Banking as a Service' (BaaS) and how does it integrate with third-party organizations using APIs?

Answer

BaaS allows fintechs and NBFCs to integrate with a bank's systems via APIs, building services upon the bank's regulated infrastructure.

Additional notes

This end-to-end digital approach facilitates open banking and creates innovative, seamless financial services for consumers.

Part of Retail Banking & Wealth Management · Retail Banking: Introduction · Last updated 23 Sep 2026

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