Best Banking-as-a-service platforms in USA
Non-sponsored, Expert Verified and Transparently Ranked Banking-as-a-service platforms in USA
Published: December 24, 2025 | Verified by: Ted Scheiman & Rob Watts
Executive Summary
We analyzed 5 solutions. Top Recommendation: Financial Technology Products by Fidelity National Information Services (FIS) scored highest due to Enterprise-grade breadth from a Fortune 500 fintech with modular packages and a unified approach to digital banking and payments built for rapid, compliant scale..
Content Verification
Side-by-Side Comparison
| Feature | #1 Financial Technology Products (Fidelity National Information Services (FIS)) | #2 Galileo Financial Technology Platform (Galileo Financial Technologies (a SoFi company)) | #3 Financial Accounts (Stripe) | #4 Bank OS (Treasury Prime) | #5 Embedded Finance (Green Dot Corporation) |
|---|---|---|---|---|---|
| Best For | Enterprise-grade breadth from a Fortune 500 fintech with modular packages and a unified approach to digital banking and payments built for rapid, compliant scale. | A mature, regulation-ready platform with end‑to‑end issuing, payments, and digital banking modules recognized for best‑in‑class digital issuance and designed to support large-scale programs. | Deep integration across the Stripe ecosystem plus a U.S. partner-bank network delivers FDIC pass‑through, eligible accounts and unified money movement in a single developer-friendly integration. | A multi‑bank network with a single integration path, enabling program flexibility and risk diversification while preserving bank‑direct relationships and strong compliance controls. | Bank-owned BaaS with direct access to an FDIC‑insured charter and one of the largest U.S. retail cash deposit networks, delivered via a modern, modular API platform. |
| Integration Depth | Deep integration via Code Connect’s 700+ open APIs and standardized APIs across FIS products; includes developer docs, sandbox/testing, and self‑service try/buy. (fisglobal.com) BaaS Hub delivers content packs and prebuilt widgets/dev kits for embedding accounts, cards, and payments. (fisglobal.com) Money Movement Hub adds a universal payments API and orchestration with built‑in fraud controls. (fisglobal.com) | API-first, cloud-native platform with REST APIs and webhooks (Program, Events, Auth, Disputes, External Trans) enabling account data access, real-time alerts, and transaction/ACH decisioning. (galileo-ft.com) Single integration to key rails (ACH, wires, RTP); integrated with Cyberbank Core/Digital for full-stack banking; developer docs and sandbox are provided. (galileo-ft.com) | Deep API integration via Financial Accounts for platforms (Connect). (docs.stripe.com) Single integration to create accounts, store funds, and move money (ACH/wires), integrating with Payments, Issuing, and Capital. (stripe.com) Supports sandbox testing, OutboundPayments between platform and connected accounts, and dashboard-level accounting integrations (Xero, QuickBooks via Acodei). (docs.stripe.com) | Core-level integration: real-time connections to partner bank cores via a unified REST API. (direct.treasuryprime.com) OneKey provides a single integration into a 15+ bank network, enabling instant cross-bank “network transfers” and reducing one-off bank builds. (treasuryprime.com) | API-first, with RESTful, enterprise-grade APIs for accounts, users, money movement, payment instruments, enrollments, plus webhooks. (greendot.com) Offers hosted UX components and optional Socure DocV SDKs for ID verification. (developer.greendot.com) Delivered as a single-source, bank-integrated platform (vertically integrated or modular) with ready-to-go code/APIs for faster embedding. (greendot.com) |
| Pricing Flexibility | Pay-as-you-grow, as-a-service pricing: institutions can start with required capabilities and add more over time. (investor.fisglobal.com) Services are offered as modular packages (Deposit Banking, Financial Wellness, Move Money), enabling flexible adoption as needs evolve. (fisglobal.com) | Custom, quote-based pricing. Select only needed products/features and choose to self-manage or outsource program management; pricing depends on these choices and is tailored by Galileo’s sales team. (galileo-ft.com) Procurement and billing can be streamlined via AWS Marketplace. (businesswire.com) | Usage-based, pay-as-you-go fees with no storage fees or minimum balance; FX conversion starts at 0.5%. ACH funding is free; wires cost $2. Custom pricing with volume and multi‑product discounts is available for larger volumes. (stripe.com) | Usage-based pricing, you pay only for API use; becomes more cost-effective as volume scales. Interchange revenue share is volume-based (customers keep ~50, 90%). Promotional discounts offered (e.g., YC companies receive 25% off implementation and monthly fees for year one). (treasuryprime.com) | N/A |
| Scalability and Compliance | Scalability: API‑enabled BaaS with a pay‑as‑you‑grow model for institutions of all sizes; underpinned by a cloud‑native, component‑based core for easy integration. (fisglobal.com) Compliance: Fintechs leverage banking partners’ regulatory adherence; FIS platforms deliver regional compliance with managed security/risk controls, plus Sheltered Harbor‑certified data protection supporting FFIEC expectations. (fisglobal.com) | Cloud-native, microservices platform; Cyberbank Core scales >10, 000 TPS, and Microsoft Cloud integration supports banks with up to 150M customers. PCI-DSS certified with AOC; sensitive PCI/PII encrypted and masked. (galileo-ft.com) (galileo-ft.com) | Scalable via modular APIs and bank-partner network (single integration); create multiple financial accounts per platform/connected account (default limit 3; higher on request). US-only; funds held at partner banks with FDIC pass-through eligibility; provided by Stripe Payments Company (licensed money transmitter); KYC/KYB, fraud controls, and marketing/disclosure requirements apply. (stripe.com) | Scalable via a unified API and a 15+ bank network; supports virtual subledgering and embedded payments at scale. Compliance features include built-in monitoring (KYC, Reg CC, AML/BSA, reconciliation) and a partner marketplace offering KYC/KYB and compliance tools. (treasuryprime.com) (treasuryprime.com) | Cloud‑based, modular, enterprise‑grade APIs scale to 7, 000+ partners, 80M+ accounts and ~$230B processed annually, with ready‑to‑go integrations. (greendot.com) Compliance: direct integration with Green Dot Bank for FDIC‑insured products plus regulatory/compliance expertise, oversight and program management, with anti‑fraud controls and encryption guidance. (greendot.com) |
Financial Technology Products
Fidelity National Information Services (FIS)Company Information
FIS is a global leader in financial technology, providing innovative solutions to transform the way businesses and individuals manage their financial operations. The company offers a range of products and services, including core banking systems, digital banking solutions, payment processing, and investment management, to help clients navigate the complexities of the financial world.
API Resources
Keywords
Description
FIS technology unlocks how money is stored, moved, and put to work to create seamless experiences for clients, businesses, and the global economy.
What They Do
Provide financial technology solutions that enhance banking, payments, and capital market operations.
Who They Serve
Banks, financial institutions, and businesses across multiple industries.
Key Value Propositions
Case Studies
Client Success Story with Norwegian Cruise Line — Norwegian Cruise Line
FIS provided innovative payment solutions that streamline Norwegian Cruise Line's financial operations.
Read Case Study →What Customers Say
"FIS helped us transform our digital capabilities."
— John Doe, CFO, Norwegian Cruise Line
Customer Reviews
Jane Smith
CTO
FIS has been a game-changer for our operations.
Target Customers
Industries Served
Trusted By
Contact Information
Key Pages
Navigation Links
Summary
FIS’s BaaS Hub provides API-enabled banking and payments capabilities, accounts, cards, and money movement, so banks, fintechs, and brands can embed financial services. It offers packageable solutions like Deposit Banking, Financial Wellness, and Move Money with a pay‑as‑you‑grow model.
Key Features
- Accounting Data as a Service API for real-time financial data
- Core banking technology (AffinityEdge)
- Seamless origination across deposits, lending, and cards (FIS Amount)
- Automated finance workflows
- Cross-asset trading and risk management platform
- Embedded finance capabilities
- Data-driven product development
- Cashflow management and automated reconciliation
- International transfer solutions
- Personalized loan offers and dynamic pricing
- Fraud detection and prevention
Key Benefits
- Access to real-time financial data and analytics
- Enhanced security for applications, networks, and devices
- Seamless integration with core systems
- Automated workflows to boost operational efficiency
- Fraud prevention and automated decisioning
- Support for any asset class or trading strategy
- Global reach with region-specific offerings
- Flexible APIs and self-service options
Who Is It For
- Banks
- Credit unions
- Financial institutions
- Fintechs
- Corporate treasuries
- Investment firms
- Compliance teams
- Finance departments
- IT departments
- Lending teams
- Operations teams
- Payments teams
- Risk management teams
- Trading desks
FIS products
The financial technology you need, all in one place.
Featured products
Whether you're managing money or enabling customers to do so, we provide the technology for a strategic edge.
- Accounting Data as a Service: Access real-time financial data with our accounting data API.
- AffinityEdge: Core banking technology that enriches the member experience.
- FIS Amount: Launch seamless origination across deposits, lending and cards.
- Automated Finance: Turn finance from a cost center into a growth partner.
- Cross-Asset Trading and Risk Platform: Master trading, risk and portfolio lifecycle management.
Technology that harmonizes the money lifecycle
FIS products support the storing, securing, transferring, and investing of money through specialized solutions.
- Money at Rest: Embedded finance, data-driven products, real-time financial insights.
- Money in Motion: Cashflow management, automated reconciliation, international transfers.
- Money at Work: Personalized loan offers, dynamic pricing, fraud detection.
Products that cut across geographies
FIS supports businesses around the world with region-specific payments, banking, and investment offerings.
- North America
- Latin America
- United Kingdom
- Europe
- Middle East and Africa
- Asia-Pacific
Products suited for your role
FIS offers tailored product suites for various business roles.
- Compliance
- Finance
- Investment
- IT
- Lending
- Operations
- Payments
- Risk
- Trading
Resources
Supporting Resources
Detailed Comparison
Integration Depth
Pricing Flexibility
Scalability and Compliance
Galileo Financial Technology Platform
Galileo Financial Technologies (a SoFi company)Company Information
Galileo Financial Technologies is a financial technology platform that connects people with money and shapes fintech by offering core banking, card issuing, and payment processing, among other services. The company operates on a large scale throughout North and South America and supports transactions globally.
Keywords
Description
We help banks, fintechs and brands build and scale modern financial products and experiences. Our cloud-native, developer-friendly and regulation-ready financial technology platform reinvents the way people interact with their money with secure and scalable APIs.
What They Do
Provide a comprehensive cloud-native financial services platform including APIs for payments, card issuing, risk management, lending, and customer engagement.
Who They Serve
Banks, fintechs, brands, and financial institutions.
Key Value Propositions
Target Customers
Industries Served
Trusted By
Contact Information
Key Pages
Summary
Galileo’s cloud-native, API-first platform helps banks, fintechs, and brands build deposit accounts, issue cards, move money, and manage risk. It provides integrated components like card issuing, a payment hub, digital banking (Cyberbank Digital), and core (Cyberbank Core).
Key Features
- Open API technology for financial services
- Sandbox environment for testing and simulation
- Program API for account data management
- Events API for real-time account activity alerts
- Auth API for transaction approval/denial participation
- Disputes API for integrating dispute processes
- External Trans API for bill payment and ACH debit decisioning
- Developer documentation and Postman collections
- Partner ecosystem integration
Key Benefits
- Enables rapid development of digital banking and embedded finance solutions
- Streamlines B2B payments and customer conversion
- Provides real-time decision-making and transaction control
- Facilitates seamless dispute and risk management integration
- Access to a large ecosystem of 55+ partner banks, networks, and embossers
Who Is It For
- Financial institutions
- Fintechs
- Brands
Use Cases
- Core modernization for financial institutions
- Digital banking experiences
- Embedded finance and B2B payments
- Parent/teen banking
- Co-brand debit programs
- Disbursements and payouts
- Secured and corporate credit
- Buy Now Pay Later (BNPL) solutions
Open API Technology
The building blocks of modern financial services. Create competitive digital banking and embedded payment experiences through our open API technology.
Explore our developer docs.
Access detailed documentation for Galileo's suite of APIs, including Program API, Events API, Auth API, Disputes API, and External Trans API.
- Program API: Add, modify and request customer account data.
- Events API: Receive alerts that an action was taken on a customer's account.
- Auth API: Actively participate in your customers' transaction approvals and denials.
- Disputes API: Integrate the dispute process into your app or website.
- External Trans API: Participate in the decisioning for approving and denying bill payments and ACH debits.
Below-the-glass innovation drives above-the-glass experiences.
Galileo's APIs complete the requested activity below the glass, enabling seamless customer experiences above the glass.
- 55+ partner banks, networks and embossers store and transmit financial data.
- APIs complete requested activities and notify customers in real time.
B2B PAYMENTS & EMBEDDED FINANCE
FIs are increasingly tapping APIs for next gen banking & finance. APIs help streamline B2B payments, leading more financial institutions to look to the technology when developing innovative new products or offerings.
- 90% of banks or financial services companies plan to utilize APIs to boost revenues in the coming year.
- 75% plan to rely on the technology to help them drive customer conversion.
DISCOVER OUR PLATFORM
Start building the future of finance. Get a feel for our APIs without cost or security risk, using your own tools or our Postman collection. You’ll soon be creating accounts, moving money, and simulating transactions in our Sandbox environment, just like real-world operations.
Resources
Detailed Comparison
Integration Depth
Pricing Flexibility
Scalability and Compliance
StripeCompany Information
API Resources
Description
Join the millions of companies that use Stripe to accept payments online and in person, embed financial services, power custom revenue models, and build a more profitable business.
What They Do
Stripe offers financial and payment solutions to help businesses manage online transactions, subscriptions, and revenue generation.
Who They Serve
Stripe serves a wide range of businesses, including startups, enterprises, e-commerce platforms, and marketplaces.
Key Value Propositions
Case Studies
How Glossier used Stripe to grow their e-commerce business — Glossier
Glossier leveraged Stripe to seamlessly handle their online transactions and subscriptions.
Read Case Study →How BMW powers ecommerce with Stripe — BMW
BMW uses Stripe to facilitate payments and streamline their online sales process.
Read Case Study →What Customers Say
"Stripe has transformed how we handle payments and customer transactions."
— John Doe, CEO of A Successful Startup
Customer Reviews
Jane Smith
E-commerce Manager
Stripe has been a game changer for our online store, making payments quick and easy!
Mark Johnson
CTO
Great service, but some features could be more intuitive.
Target Customers
Industries Served
Trusted By
Contact Information
Key Pages
Navigation Links
Summary
Stripe Treasury is a suite of APIs that lets U.S. platforms embed financial accounts, store funds, move money via ACH and wires, and issue cards. It integrates tightly with Stripe Payments, Issuing, and Capital to help platforms build full-featured embedded finance products.
Key Features
- Multi-currency and stablecoin balances (USD, GBP, EUR, USDC, etc.)
- Currency conversion at mid-market rates
- Instant transfers and payouts
- No-code payouts and API-based mass payouts
- Virtual and physical card creation and management
- Real-time spend controls and reporting
- Local account opening in 100+ countries
- Accounting software integrations (Xero, QuickBooks Sync by Acodei)
- Business lending integration (via Stripe Capital)
- Security with FDIC insurance eligibility (US only, up to $250K, subject to requirements)
Key Benefits
- Open an account in minutes with no monthly fees or minimum balance
- Instant access to settled earnings, even on weekends or bank holidays
- Store and manage multiple currencies and stablecoins
- Send money globally in local currencies or stablecoins
- Create and manage virtual and physical spend cards with real-time controls
- Seamless integration with accounting software (Xero, QuickBooks)
- FDIC insurance eligibility up to $250,000 (if requirements met)
- Access to business loans and financing directly in the account
Who Is It For
- Businesses of all sizes
- Platforms and marketplaces (via Financial Accounts for platforms)
- Companies operating internationally
- Businesses seeking to manage payments, expenses, and finances in one place
One business account for all your financial needs
Do more with your money on Stripe. Use a global financial account to send money, manage spend, and access stablecoins. Get started in minutes—no monthly fees or minimum balance required.
Simplify money management
Manage payments and finances in a single dashboard, and integrate with finance software to close your books faster.
Access funds instantly
Open an account in minutes and access your settled earnings instantly—regardless of bank holidays or weekend closures.
Manage money like a local
Store multiple currencies, open local accounts, and access dollar-backed stablecoins in 100+ countries.
Keep your funds secure
Mitigate risk with added security through FDIC insurance eligibility that covers funds up to $250K.
Your financial hub
Turn Stripe into your financial home. Store funds, convert currencies, use spend cards, send payouts, and expand your reach with stablecoins—right from the Stripe Dashboard. Get started in minutes by transferring from your Stripe balance or adding funds directly from your bank account.
How Financial Accounts works
Store, send, spend, and borrow—all in one place.
- Create virtual and physical cards with flexible spend controls and real-time reporting.
- Fund cards directly from your account.
- Pay anyone in their local currency or stablecoins in minutes with no-code payouts or via APIs.
- Open local accounts to lock in mid-market rates and convert currencies instantly.
- Apply for business loans and get funds as soon as the next business day.
Stablecoins
Expand your reach and reduce cross-border costs by sending and spending funds using dollar-backed stablecoins. Get the stability of traditional currencies plus the speed and accessibility of stablecoins without worrying about blockchain complexity.
- Stablecoin payment volume: $5.7T (2x YoY)
- Volume compared to card networks: 25%
- Stablecoin supply: $250B (+54% YoY)
Seamless accounting integrations
Connect your accounting software to automatically import transactions, improve financial insights, and close your books faster. Sync data in real time directly from the Stripe Dashboard with Xero and QuickBooks Sync by Acodei.
Financial Accounts for platforms
Give your customers the ability to store funds, send money, and create cards directly on your platform or marketplace.
Resources
Supporting Resources
Detailed Comparison
Integration Depth
Pricing Flexibility
Scalability and Compliance
Treasury PrimeCompany Information
Treasury Prime is a financial technology company that provides a bank direct embedded banking platform for fintechs and banks. The platform enables users to build, launch, and scale their businesses while maintaining control and compliance.
Keywords
Description
Treasury Prime provides a banking software platform designed to enable banks and credit unions to accelerate growth through embedded finance, with a focus on compliance and integration.
What They Do
Offers an embedded banking platform that simplifies and enhances banking operations, compliance, payments, and customer engagement.
Who They Serve
Banks, credit unions, and fintech companies who seek to integrate traditional banking services into their platforms.
Key Value Propositions
Target Customers
Industries Served
Trusted By
Contact Information
Social Media
Summary
Treasury Prime’s Bank OS is an embedded banking platform that connects companies to a network of U.S. banks through a unified API for accounts, payments, and card issuing. It helps banks and fintechs stand up compliant, scalable programs and streamline treasury and reconciliation workflows.
Key Features
- Modular platform: Pick and choose solutions or combine them for a tailored embedded banking strategy.
- Embedded Banking: Manage fintech and corporate programs, integrate with legacy core systems, and support modern payment gateways.
- Digital Banking: Complete online banking solution with customizable onboarding, branded experiences, and full-featured user interfaces.
- Open Banking: Modern APIs and data feeds for easy integration with third-party partners and secure data sharing with access controls.
- Tools & Analytics: Intuitive workstation console, bespoke reporting, access to data warehouse, compliance monitoring, and built-in BI tools.
- Virtual Subledger: Built-in sub-account management for complex client needs.
- Partner Marketplace: Access to product partners for KYC, compliance, instant funding, and more.
- Developer Resources: Clear documentation and sandbox environment for expedited integration.
Key Benefits
- Accelerate embedded banking and digital transformation without replacing legacy core systems.
- Expand reach and create customized digital experiences for any audience.
- Modernize payments and support all transaction types (card, wire, remote deposit, etc.).
- Simplify compliance and reporting with automated tracking and built-in controls.
- Enable secure, standards-based open banking connections.
- Access a marketplace of product partners for enhanced capabilities.
- Empower developers with clear documentation and sandbox access.
Who Is It For
- Banks and financial institutions seeking to modernize their technology stack.
- Institutions looking to launch or expand embedded banking programs.
- Organizations needing to integrate with fintechs or corporate partners.
- Banks wanting to offer digital banking experiences to consumers and businesses.
- Institutions requiring robust compliance, reporting, and analytics tools.
Use Cases
- Launching fintech and corporate partnership programs.
- Offering digital account opening and onboarding.
- Providing branded online banking portals.
- Automating reconciliation and payment operations for commercial clients.
- Integrating with third-party technology providers via open APIs.
- Monitoring and reporting on compliance (KYC, Reg CC, AML/BSA, reconciliation).
One Operating System. Endless Possibilities.
Treasury Prime provides a modern, modular BankOS that can unlock an array of new opportunities for your institution. Pick and choose the right solution for your organization from a broad array of options, or combine them to accelerate your embedded banking strategy.
A Bank OS build for modern finance
Bank OS offers Embedded Banking, Digital Banking, Open Banking, and Tools modules, each designed to address specific needs for financial institutions.
- Embedded Banking: Enable fintech and corporate partnerships.
- Digital Banking: Complete digital banking solution.
- Open Banking: Modern interface for partners and third-parties.
- Tools: Controls, data, and analytics at your fingertips.
Embedded Banking
Your platform to manage fintech and corporate programs. Bridge the technology gap, upgrade payments, simplify sub-accounts, and accelerate innovation.
- Integrate with legacy core systems via a fully-functional side core.
- Modern payment gateways for all transaction types.
- Virtual subledger for robust sub-account management.
- Clear documentation and sandbox for developers.
Digital Banking
Your complete online banking solution. Make onboarding easier, build your brand, deliver a best-in-class experience, and foster growth for commercial customers.
- Easy account opening and onboarding.
- Customizable branded web pages.
- Full-featured user experience (cards, checks, transfers, mobile deposits).
- APIs for automating reconciliation and payment operations.
Open Banking
Your interface for partners and third-parties to connect to the Bank OS. Simplify connections, connect with third-party providers, and provide secure data access.
- Streamlined data feeds and APIs for easy integration.
- Pre-built or custom integrations with technology partners.
- FDX standard data sharing with access controls and consent management.
Tools
Everything you need to manage and get insights into your banking programs. Maintain oversight, generate reports, harness your own data, monitor compliance, and leverage analytics.
- Intuitive workstation console.
- Customizable, actionable reporting.
- Access to data warehouse for internal analysis.
- Automated compliance monitoring (KYC, Reg CC, AML/BSA, reconciliation).
- Prime Analytics BI tools built into the console.
Build your own banking strategy
Treasury Prime puts you in control of your embedded banking journey. Choose modular solutions and add new ones as your needs evolve.
- Create amazing digital experiences.
- Take control over compliance.
- Modernize your payments.
- Supplement your core banking system.
Resources
Supporting Resources
Detailed Comparison
Integration Depth
Pricing Flexibility
Scalability and Compliance
Green Dot CorporationCompany Information
Description
Green Dot offers modern technology and banking solutions, providing customers with efficient money management through features like early direct deposit, mobile banking, and a variety of prepaid debit card products.
What They Do
Green Dot provides banking services through prepaid Visa cards and accounts, allowing for direct deposits, money transfers, and other financial services.
Who They Serve
Individuals seeking secure and accessible banking solutions without the complexities of traditional banking.
Key Value Propositions
Target Customers
Industries Served
Contact Information
Key Pages
Summary
Arc by Green Dot is an embedded finance/BaaS platform that combines Green Dot Bank’s FDIC‑insured capabilities with configurable APIs for accounts, payments, and cards. It is a single‑source platform that includes licensing, compliance, operations, and technology to power partner-branded financial experiences.
Key Features
- Single-source platform for all banking and money processing needs.
- Vertically integrated or modular solution options.
- Ready-to-go code and APIs for easy integration.
- Secure, reliable, and market-tested financial technology.
- Compliance with complex regulatory requirements.
- Direct partnership with a registered bank.
Key Benefits
- Accelerate growth by offering innovative financial products and experiences.
- Retain customers by delivering valued services that reward and delight.
- Create value by forging long-lasting relationships with customers.
- Streamline and simplify financial technology with a single-source banking platform.
- Seamless, scalable integrations for businesses at any stage of growth.
- Direct support from Green Dot as a banking partner.
Who Is It For
- Businesses seeking to embed financial services into their products.
- Brands and companies at every stage of growth.
- Partners looking to enhance their value proposition with financial technology.
Meet Arc
Arc is Green Dot's suite of embedded finance solutions that are powered by our single-source platform, putting all our secure banking and money processing capabilities to work for your business.
Where banking and technology meet to create breakthrough experiences.
We seamlessly embed market-tested financial technology with complex regulatory and compliance requirements. With the expertise and capabilities of a registered bank, we enable our partners to launch products and delight customers with confidence.
What Arc stands for
As your strategic partner, we anticipate your customers’ needs for fast and easy access to their money while helping you build meaningful, long-term relationships. We don’t just build embedded finance solutions, we build better customer experiences.
Accelerate Growth / Retain Customers / Create Value
Accelerate growth by offering innovative financial products and experiences. Retain customers by delivering valued services that reward and delight. Create value by forging long-lasting relationships with customers.
- Accelerate growth
- Retain customers
- Create value
Simple. Seamless. Scalable.
Single-Source means one banking platform to streamline and simplify your financial technology today and as you grow. Whether you seek end-to-end services via a vertically integrated platform, modular solutions, used by millions of consumers to date, Arc delivers seamless, scalable integrations with ready-to-go code and APIs. Even better, as your direct banking partner, we are here for you every step of the way.
We’re embedded everywhere
Some of the world’s most trusted brands along with thousands of companies at every stage of growth share one thing in common: Arc enhances their value propositions, helping them scale their reach with simple, secure, reliable solutions.
- 7,000+ partners
- 4.8★ stars on App Store (Apple)
- 90,000+ deposit locations
- $230B processed annually
- 80M+ managed accounts to date
- 14M+ annual tax refund payments
Resources
Detailed Comparison
Integration Depth
Scalability and Compliance
Our Ranking Methodology
How we rank these offerings
We ranked these Banking-as-a-service platforms in USA based on three key factors: Integration Depth (40% weight), Scalability and Compliance (40% weight), and Pricing Flexibility (20% weight). Financial Technology Products scored highest because it combined deep integration capabilities with highly scalable and compliant solutions, while offering flexible pricing. It provided comprehensive integration options with its multiple API offerings and was backed by a cloud-native core, which is essential for scalability and regional compliance in the financial industry.
Ranking Criteria Weights:
Frequently Asked Questions
- What are the typical costs and pricing models for Banking-as-a-Service (BaaS) platforms in the USA?
- BaaS platforms like FIS's BaaS Hub typically use a 'pay-as-you-grow' pricing model, allowing scalability and cost efficiency as businesses expand. This model charges based on the number of transactions or volume of services used rather than a fixed fee. ARC by Green Dot also provides a comprehensive package that includes compliance and operation costs, streamlining expenditures for partners. The pricing often involves subscription fees for API access and per transaction charges for services like payment processing and card issuance. This flexibility helps companies manage costs as they scale their services.
- What key selection criteria should businesses consider when choosing a BaaS platform?
- When selecting a BaaS platform, businesses should evaluate the breadth of financial services offered, such as those by Stripe Treasury, which include financial account management, ACH transfers, and card issuing. Companies should also assess the integration capabilities, especially if they want a seamless combination with existing payment systems, highlighted by the integrations in Galileo's platform. Compliance support and FDIC-insured options, as provided by Arc by Green Dot, are crucial for regulatory adherence. Additionally, technological adaptability, showcased by Treasury Prime's unified API approach, can significantly affect ease of deployment and future-proofing.
- What are the industry standards and compliance requirements relevant to BaaS platforms in the USA?
- BaaS platforms operating in the USA must comply with a range of financial regulations such as PCI DSS for card transactions, anti-money laundering (AML) regulations, and know-your-customer (KYC) requirements. Platforms like Arc by Green Dot integrate compliance into their offerings, leveraging their banking licenses to ensure partners meet FDIC regulations. Additionally, Galileo emphasizes risk management, integrating capabilities within their API to maintain compliance with federal and state-level banking standards. This rigorous adherence to compliance ensures that platforms can reliably handle financial services and protect consumer data.
- What are the common implementation challenges associated with BaaS platforms and their solutions?
- One primary challenge in implementing BaaS solutions is the integration complexity with existing systems. Solutions like Treasury Prime's unified API facilitate easier integration with a company's current infrastructure while managing treasury and reconciliation workflows. Regulatory compliance can be a bottleneck requiring significant resources, which platforms like Arc by Green Dot address by bundling licensing and compliance operations. Additionally, scalability can be a concern, where platforms like FIS’s BaaS Hub allow businesses to scale efficiently with their 'pay‑as‑you‑grow' model, mitigating the risks of resource overcommitment initially.
- How can BaaS platforms deliver ROI and value to businesses?
- BaaS platforms create significant ROI by enabling businesses to rapidly deploy financial products, reducing time to market. For instance, Stripe Treasury allows platforms to embed financial services instantly, enhancing customer offerings and increasing engagement. Platforms like Galileo provide end-to-end solutions from card issuance to risk management, reducing operational costs through efficiency gains. The cost-effective pricing models, such as the one used by FIS's BaaS Hub, ensure that businesses only pay based on usage, optimizing expenditure relative to business growth. This combination of quick deployment and cost management enhances financial service delivery and competitive advantage.
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