Why Banks Need to Monitor Change

​Galileo explains how to be successful in Banking as a Service

The growth of Fintech has led banks to examine opportunities in acting as a sponsor bank and offer Banking as a Service.

This offers opportunities for innovative banks, but success is not guaranteed.

In the latest episode of the IPA Payments Pod, Michael Haney, the head of product strategy at Galileo, discusses the tools needed to be successful in Banking as a Service (BaaS). We cover how to identify opportunities, what banks need to have in place to launch a program, and how to manage the business.

The IPA thanks our member sponsor, Netspend, for helping to make this show possible. For the podcast, go to www.ipa.org/podcast, or wherever you get your podcasts.

Michael Haney

This podcast was recorded on May 18, 2023. Things may have changed by the time you hear it.