Banking as a Service – Potential Alternative to Conventional Banking?

banking as a service

Banking as a Service is, much like other "as a service" offerings, a faster and less cumbersome process of starting your own bank with the least amount of effort or infrastructure. Starling Bank, a digital bank based in the UK, has started offering this as an easy way for startups to get started in the … Continue reading Banking as a Service – Potential Alternative to Conventional Banking?

Two more Canadian Banks go the Derisking Route.

Reports are coming in from various Money Services Business that two Canadian Banks have gone the derisking route and have closed down MSB/MTO related bank accounts. The two banks in question are: Buduchnist Credit Union http://www.buduchnist.com/ Vancity Saving Credit Union https://www.vancity.com/ It seems the prospect of losing access to banking in Canada is getting all … Continue reading Two more Canadian Banks go the Derisking Route.