“The benefit of Banking-as-a-Service (BaaS) is that it lowers costs and lets the organization focus on what matters most: the customers,” says Sophie Guibaud in this fireside interview. Guibaud who heads Fidor Solutions in Europe gives bobsguide the ins and outs of BaaS as well as explaining the practicalities of a bank transitioning to this model.
For Guibaud the advantages of BaaS revolve around fast deployment to meet Open Banking market demand as well as comply with new regulation as quickly as possible.