Why BaaS Can’t Afford to Overlook Financial Crime Prevention

As per research, the global BaaS market size was valued at USD 19.65 billion in 2021 and is expected to expand at a Compound Annual Growth Rate (CAGR) of 16.2% from 2022 to 2030.

The financial landscape is constantly evolving, and BaaS is the bridge to futuristic banking. However, with great innovation comes great challenges. The dual pressures of exponential growth and complex, ever-tightening regulations make BaaS platforms prime targets for sophisticated financial criminals. Here’s why focusing on financial crime prevention is a non-negotiable for Banking as a Service (BaaS):

  • regulation Constantly evolving regulations.

  • algorithm Growing complexities in the financial landscape.

  • customer-care Operational issues can damage customer trust and loyalty.

Bring the next-level FinCrime intelligence to your BaaS platform by integrating Velocity’s advanced transaction monitoring, CDD, and risk rating software for real-time risk detection and fewer false positives.
How Velocity Stands Out for BaaS?

In Banking as a Service (BaaS), every transaction counts and compliance is non-negotiable. And this is why Velocity isn’t just another fincrime tool, it’s your end-to-end solution for staying compliant, detecting suspicious activity, and safeguarding your platform’s integrity.

Here’s what sets Velocity apart:

How Velocity Stands Out for BaaS?
Powered by AI and ML

Leveraging the advanced AI, ML, and big data capabilities, Velocity helps to automate the process, minimize risks, and stay compliant. The tool not just helps you respond to threats, but helps to stay one step ahead.

Integration Capabilities

Velocity’s integration capabilities mean that it doesn’t just add to your system; it becomes a part of it, enhancing and streamlining your operations without interrupting them.

Quick Deployment

Time is money, and with Velocity, you save both. With our quick deployment process, you can go from setup to protection in no time, minimizing downtime and maximizing security.

Scalability and Flexibility

As your BaaS platform grows, Velocity grows with you. The solutions are designed to be as flexible and scalable as your operations, ensuring that no matter how big you get, your security keeps up.


The BaaS sector is ever evolving, and so is Velocity. The solution adapts to the changes in real-time, keeping pace with new threats and regulatory changes. This means your business is always equipped with cutting-edge protection.

Time to strengthen your BaaS platform security and stay compliant.
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