Denied or delayed access to essential banking APIs by incumbent banks poses significant obstacle to fintech-led innovation in Singapore’s small and medium-sized enterprise (SME) sector, with 85 percent of fintechs reporting the challenges.

The ‘Embedded Finance and BaaS Report 2024: Financial Services at Your Fingertips, Anytime, Anywhere’ is a comprehensive resource curated by industry experts and renowned companies and institutions, offering an in-depth understanding of the rapidly evolving landscape in 2024. The report delves into the essential components of Embedded Finance and BaaS, breaking down complex concepts, and provides real-world examples illustrating their impact on businesses across sectors.