Episode 43: Tesco Bank and Banking as a Service (BaaS)
Update: 2024-02-09
Description
In today's episode, I'm discussing the LinkedIn post I wrote about the news that Barclays Bank will buy Tesco Bank for about GBP 700M. My post was asking what things would look like, instead of selling the bank, Tesco -- the British supermarket behemoth -- moved everything to run on top of a Banking as a Service provider. How would this work? Could it work? What are the possibilities? I recorded this podcast to explore the topic in a bit more detail. Some of the providers I mentioned are Griffin, The Bank of London, NatWest Boxed, Clear Bank and audax. There are many more to consider.
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