Product: Banking as a Service
Company: Wells Fargo
My Role: Strategy / Product Management
Target Customer: B2B
Overview: “Banking as a Service” are bank services provided through an API. This allows fintechs and other businesses to build bank services into their online systems. The focus of this activity is to create a landscape of the bank opportunities, competitors in this space, and a rough business case for deployment.
Outcome: Under active development, feedback from senior management and the business stakeholders have been very positive. Wells Fargo continues to make updates to the API.