This week’s podcast is part one of a conversation all about BaaS (banking-as-a-service). Paul Wilmore, PerformLine’s COO, sits down with Tanner Mayo, President of FedFis and the BaaS association, and Amanda Swoverland, Chief Compliance officer at Unit to discuss:
- The current state of this rapidly growing industry
- How Fintechs are building trust with consumers as we see more a shift to the less traditional banking model
- Their stance on who is responsible for regulatory compliance and consumer protection in this space - the bank, the fintechs, or both.
- The expertise in compliance that banks can offer these fintechs given their history of regulatory oversight.