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BaaS is becoming the sexiest vertical in fintech

BaaS (bank-as-a-service) is the new black. One week ago former Barclays CEO Antony Jenkins has launched a new startup that aims to modernise the back office technology used by banks. 10x Future Technologies is working on a cloud-based core banking system — the technology that allows banks to hold deposits and accounts. Essentially, it’s the heart of banking. Antony Jenkins, who founded the company and serves as CEO, says in the statement: Our core digita ...

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