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About the Report
In a time when banks are looking for fresh growth, Embedded Banking offers opportunity to access new customer pools, participate in primary journeys and benefit from the popularity of partner brands. Some of the most progressive banks in the world are embracing Embedded Banking and building the necessary capabilities to participate in the BaaS opportunity.

In our latest report, ‘Making Embedded Banking Work’ by 11:FS in association with Infosys Finacle, we have gleaned insights from global leaders in Embedded Banking to put together a blueprint for banks to identify and build the right Embedded Banking business model for their context.

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"There was a mad rush in 2019 and 2020 to start BaaS because the concept makes sense. But, over time, what you’re going to see is that platforms will start specialising in key focus areas, and not be all things to all people. Banks will also focus on niche areas where they feel most comfortable and partner with a platform to offer those products."

Roy Ng
Co-founder & CEO
Bond, USA

"We saw this great demand for having our APIs, whether they’re real-time payments, real-time information, or credit notifications, all along the spectrum of ‘how do I manage my cash?’, ‘how do I manage my payments?’, ‘how do I get more information into my apps?’ and ‘how do I create a better experience for my customers?"

Nadya Hijazi
Managing Director & Global Head of Digital Channels, Wholesale Banking,
HSBC, UK

"Sponsor banks will need to take responsibility and be accountable for the entire life cycle of the customer’s financial product without any pass-through account/pool account of any third party. This will require a re-orientation of use cases."

Sidharth Rath
Managing Director and CEO,
SMB Bank India

Finacle API Connect
Finacle API Connect is an all-inclusive API solution for financial institutions to jumpstart and accelerate their ecosystem innovation. Our API Connect suite help banks launch and accelerate their banking-as-a-service propositions to unlock embedded finance opportunities at scale. Today, banks in over 100 countries rely on Finacle to serve more than a billion people and millions of businesses.

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Business Model Innovation Workshop
A complimentary, custom-made CXO workshop to inspire your bank’s business model innovation roadmap

What to Expect

  • Practical insights from transformation stories of banks around the world
  • Templates to drive business model innovation
  • Innovative solutions that you can deploy in the short to medium term to accelerate business forward
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