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Financial Institutions, BaaS
Financial Institutions plans to start winding down BaaS offerings
Financial Institutions (NASDAQ:FISI) intends to start an orderly wind down of its Banking-as-a-Service (BaaS) offerings, as the lender prioritizes its core banking operations, it said on Monday. The bank is initially targeting completion of the wind down sometime in 2025.
Five Star parent announces wind down of BaaS offerings
Financial Institutions Inc. will begin to wind down its Banking-as-a-Service (BaaS) offerings as part of a decision to prioritize its community banking franchise.
Financial Institutions, Inc. Announces Intent to Begin Winding Down BaaS, Reflecting Strategic Focus on Core Franchise
The Bank expects to retain all personnel positions supporting the BaaS line of business, both through the wind down period and beyond, refocusing those roles on supporting the growth of its core banking operations.
Financial Institutions to Wind Down Banking-as-a-Service Offerings
Financial Institutions plans to stop its banking-as-a-service offerings next year. The parent company of Five Star Bank said Monday it will begin an orderly wind down of its banking-as-a-service offerings,
2d
NY’s Five Star Bank pivots away from BaaS
The bank cited regulators’ changing expectations. Banking-as-a-service accounts for 2% of Five Star’s deposits and less than ...
American Banker
5d
Five Star to phase out its banking-as-a-service program in 2025
The New York community bank cited the contribution of BaaS to its core financial results, evolving regulatory expectations, ...
2d
BaaS effect: MG Comet now more affordable as starting price comes down to Rs 4.99 lakh, ZS EV at Rs 13.99 lakh
The auto firm said that under the BaaS program, customers can now bring home the MG Comet EV at a starting price of of Rs ...
DriveSpark
1h
MG Windsor EV Battery-as-a-Service Model Explained: Financing, Cost Savings & More
MG launches the Windsor EV featuring a Battery-as-a-Service scheme, reducing ownership costs and offering flexible rental options for batteries.
Pragativadi
20h
Post Windsor, JSW MG Motor India extends BaaS program for Comet EV, ZS EV
JSW MG Motor India has extended its recently launched unique BaaS program to its popular Comet EV and ZS EV models.
The Financial Express
1d
BaaS Plan: MG Comet EV now at Rs 4.99 lakh, ZS EV at Rs 13.99 lakh
JSW MG Motor has declared that the Comet EV and the ZS EV can be acquired through the ‘Battery-as-a-Service’ (
BaaS
) Program. The benefit of this scheme is that the MG Comet EV is priced starting at ...
1d
on MSN
MG Windsor EV without BaaS launched in India at Rs 13.49 lakh: Variants, features, range and more
Talking about the battery and e-motor, Windsor gets a 38kWh LFP battery paired with a front axle-mounted motor which puts out ...
Autocar India
2d
MG Comet, ZS EV now available with BaaS program
Following the MG Windsor, the BaaS program has now also been made available on the Comet and ZS EV. Tap for more details.
ET Auto
2d
Post Windsor, JSW MG Motor India launches innovative BaaS Program for Comet EV and ZS EV
JSW MG Motor India has extended its Battery-as-a-Service (BaaS) program to the Comet EV and ZS EV models. This initiative ...
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Five Star Bank
MG Comet
Indian rupee
ZS EV
Electric vehicle
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