Will you do banking on Whatsapp or Facebook? Banking as a Service with Sam Ghosh | Banking Beyond by The Banking Beyond Show published on 2021-06-06T06:05:18Z How comfortable are you doing banking transactions completely through Whatsapp or Facebook? Well, that could be the future of banking through Banking as a Service? So, what is banking as a service, how does it work and how is it going to change your life Hi, this is Sam Ghosh and today we are going to talk about Banking as a Service, ……Entering banking for non-banks is a tough job - there are multiple barriers to entry from various licensing requirements, capital requirements, experience requirements, and operational complexity. The use of APIs makes it possible for digital platforms and ecosystems like e-commerce, social media, or ride-hailing companies to offer loans, credit cards, and savings accounts co-created with a bank to their customers under their own brand name. The non-banks can use these financial services as growth levers for their own business or separate revenue sources depending on use-case and their negotiating power….. Youtube Version: https://www.youtube.com/watch?v=_RjLjTt5ydY&feature=youtu.be Read the Banking Beyond blog here: https://bankingbeyond.substack.com/ Produced by Sam Ghosh: https://www.linkedin.com/in/sumansghosh/ Free books by Sam Ghosh here. https://books.apple.com/us/author/sam-ghosh/id1446187044 Genre Business