NIUM Podcast: How UAE’s Oldest Bank Is Future-Proofing Itself

Open banking is poised to be the next wave of digital transformation in the financial sector. One of the key components to open banking is banking-as-a-service (BaaS), in which banks open up their systems and allow fintechs and other third parties to build offerings on their regulated infrastructure. Mexico’s Accendo Banco has been an early adopter to this trend. Host Taneia Bhardwaj chats with the bank’s director of consumer banking, Francisco Perales to understand if the BaaS bet has paid off.