Competitors
FIS Banking as a Service (BaaS)
fisglobal.com
FIS Banking as a Service (BaaS) provides technology that facilitates embedded finance, enabling banks and fintechs to integrate financial services directly into their platforms. It offers APIs for account opening, credit card applications, and money movement, aiming to expand market reach and create new revenue streams for its clients.
Rationale
FIS offers a Banking as a Service (BaaS) platform that enables financial institutions and fintechs to embed financial services. While it doesn't directly offer payment processing to end-users like Stripe, it provides the underlying technology and APIs for banks and fintechs to offer such services, including credit card applications and money movement. The website explicitly mentions APIs for developers and fraud detection capabilities. However, direct recurring billing and detailed dashboard/reporting features for end-users are not as explicitly highlighted as they would be for a direct payment platform like Stripe.
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