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HSBC is rolling out a Banking as a Service (BaaS) platform that will “enable customers to create and provide business banking services through their own platforms,” with a little help from cloud ERP system Oracle NetSuite.
“By combining new technologies with our global reach and deep transaction banking solutions expertise, we will be able to partner with our clients to offer business banking propositions to their customers—integrated into their platforms and with the backing of HSBC’s technology and international network,” HSBC Chief Executive Officer, Global Commercial Banking Barry O’Byrne said in the announcement.
https://www.pymnts.com/news/banking/2021/hsbc-will-roll-out-baas-platform/
