Glossary A B C D E F G H I J K L M
N O P Q R S T U V W X Y Z

Fintech as a Service (FaaS)

Fintech as a Service, or FaaS, is a third-party service model that provides non-financial businesses with financial capabilities. The model streamlines the whole process to embed a financial operation into a business, including technical infrastructure, API integration, licensing and regulatory compliance.

Fintech as a Service eases otherwise highly burdensome processes requiring industry know-how and specialized teams.

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2020 Copyright © European Merchant Bank UAB. All rights reserved.
European Merchant Bank UAB is licensed by European Central Bank (License No. 3)
Swift BIC: EUEBLT22
Bloomberg Dealing Code: EUEB