Moorwand, a payments solution provider, today revealed that issuing tops the list of services that fintechs outsource, with mobile wallets and customer communications coming second and third respectively. With the rise of Open Banking, Banking-as-a-Service and Embedded Finance, nearly half of fintechs (49%) now spend 10-20% of their annual revenues on outsourced services according to the report ‘Specialists vs. generalists: How do fintechs fuel growth?’.
Read the full announcement to see the top ten services fintechs outsource: https://www.moorwand.com/press/issuing-tops-the-list-of-services-fintechs-outsource/
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