The expansion into BaaS diversifies its product line, offering new revenue avenues.
Customers can leverage existing infrastructure to provide custom-branded cards, global payments, and multi-currency accounts.
Equals Money, a payments solutions provider, declared its
expansion into Banking-as-a-Service (BaaS) during the Money20/20 Europe event.
This move aims to broaden its product range, reflecting the company's focus on offering
financial solutions across various sectors.
Payment Solutions with BaaS Rollout
With this new offering, Equals Money customers gain the
capability to furnish payment and card products to their clientele without
undergoing the prolonged process of acquiring regulatory licenses.
The introduction of BaaS is anticipated to create fresh
revenue streams for Equals Money clients and expedite their market entry. By
utilizing Equals Money's API, Cards-as-a-Service (CaaS), and
Payments-as-a-Service (PaaS) products, businesses can swiftly roll out
custom-branded cards, facilitate global payments, and administer multi-currency
accounts for their customers. These services retain the advantages of a
standard Equals Money payment account.
James Simcox, Equals Group Chief Product Officer &
Managing Director - International, said: “The development allows us to provide
even more value to our clients by offering tailored banking solutions that
integrate smoothly into their operations."
"The success we've seen with our
stealth mode clients CASHét and Chorus TM is just the beginning, and we look
forward to supporting more businesses with our innovative financial
services."
Attracting Industry Interest
The development has garnered market attention, notably
attracting initial users such as CASHét, a US-based film services payments
provider, and Chorus TM, a global treasury management solution specializing in
the music and entertainment industry.
Paul Rogers, COO and President of CASHét, said: “We have successfully captured the business for film and tv
production in the US and Canada and have become the partner of choice of all
the majors, streamers and the independent film/tv companies."
"We intend to
replicate this in the UK and Continental Europe and we selected Equals to be
our partner after a robust due diligence effort. We believe that Equals will
prove to be a difference maker for our business growth.”
Equals Money, a payments solutions provider, declared its
expansion into Banking-as-a-Service (BaaS) during the Money20/20 Europe event.
This move aims to broaden its product range, reflecting the company's focus on offering
financial solutions across various sectors.
Payment Solutions with BaaS Rollout
With this new offering, Equals Money customers gain the
capability to furnish payment and card products to their clientele without
undergoing the prolonged process of acquiring regulatory licenses.
The introduction of BaaS is anticipated to create fresh
revenue streams for Equals Money clients and expedite their market entry. By
utilizing Equals Money's API, Cards-as-a-Service (CaaS), and
Payments-as-a-Service (PaaS) products, businesses can swiftly roll out
custom-branded cards, facilitate global payments, and administer multi-currency
accounts for their customers. These services retain the advantages of a
standard Equals Money payment account.
James Simcox, Equals Group Chief Product Officer &
Managing Director - International, said: “The development allows us to provide
even more value to our clients by offering tailored banking solutions that
integrate smoothly into their operations."
"The success we've seen with our
stealth mode clients CASHét and Chorus TM is just the beginning, and we look
forward to supporting more businesses with our innovative financial
services."
Attracting Industry Interest
The development has garnered market attention, notably
attracting initial users such as CASHét, a US-based film services payments
provider, and Chorus TM, a global treasury management solution specializing in
the music and entertainment industry.
Paul Rogers, COO and President of CASHét, said: “We have successfully captured the business for film and tv
production in the US and Canada and have become the partner of choice of all
the majors, streamers and the independent film/tv companies."
"We intend to
replicate this in the UK and Continental Europe and we selected Equals to be
our partner after a robust due diligence effort. We believe that Equals will
prove to be a difference maker for our business growth.”
Visa Faces Anti-Trust Lawsuit for “Illegal” Monopoly: How Will It Impact Debit Card Users?
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar
The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams.
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The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams.
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Relive the best moments from the Finance Magnates Pacific Summit 2024 with our highlights video! ✨
From action-packed moments, insightful speaker sessions, the exclusive Opening Blitz, and immersive workshops, this video captures the energy and excitement of FMPS:24. Whether you attended or missed out, here’s your chance to experience the top moments that made FMPS:24 unforgettable.
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Don't miss out on our latest videos, interviews, and event coverage.
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Relive the best moments from the Finance Magnates Pacific Summit 2024 with our highlights video! ✨
From action-packed moments, insightful speaker sessions, the exclusive Opening Blitz, and immersive workshops, this video captures the energy and excitement of FMPS:24. Whether you attended or missed out, here’s your chance to experience the top moments that made FMPS:24 unforgettable.
🎬 Watch, share, and join the conversation!
Don’t forget to use the hashtags #fmps #fmps24 #FMevents when sharing.
Stay tuned for more events. See you next time!
📣 Stay updated with the latest in finance and trading!
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