Banking-as-a-Service is “Here to Stay,” New Association CEO Says
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Bill Briggs, a key architect of the Paycheck Protection Program, talks about his just-announced role as the CEO of the Banking as a Service Association, a group representing banks that partner with fintechs to allow them to offer financial services. He discusses the need for a new set of best practices and how he believes the model is here for good despite enhanced regulatory scrutiny of bank-fintech partnerships.
Banking-as-a-Service is “Here to Stay,” New Association CEO Says