The demand for simplified banking services is on the rise. Corporate and retail consumers alike are increasingly drawn to Banking-as-a-Service (BaaS) because it offers a more convenient, accessible, integrated, and inclusive approach to finance products.

For smaller banks, like credit unions, community banks and regional banks, BaaS has become a Great Equalizer, enabling them to benefit from collaboration to better align their financial products with a dynamic market and emerge as BaaS leaders alongside larger peers.

But small FIs must act fast to capitalize on the BaaS opportunity and gain a strong footing in this space with secure, innovative BaaS offerings.