Publication Type
Blog Post
Version
acceptedVersion
Publication Date
9-2025
Abstract
In May 2024, a company in California suddenly made headlines across the financial press. Synapse Financial Technologies, once hailed as a pioneer in the next wave of financial innovation, filed for bankruptcy. The company had promised to revolutionize banking by providing “Banking-as-a-Service” (BaaS): an invisible layer of technology that allowed apps to plug directly into the financial system.
Discipline
Banking and Finance Law | Science and Technology Law
Research Areas
Corporate, Finance and Securities Law
Publisher
Taylor & Francis (Routledge): SSH Titles
Citation
REMOLINA LEON, Nydia.
The regulatory challenges raised by the evolution from open banking to banking-as-a-service. (2025).
Available at: https://ink.library.smu.edu.sg/sol_research/4815
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://clsbluesky.law.columbia.edu/2025/09/16/the-regulatory-challenges-raised-by-the-evolution-from-open-banking-to-banking-as-a-service/