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Cookie-cutter Credit Cards? The Complexity of Credit Card Launches
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Can you launch a credit card in 6-8 weeks? Numerous solutions, called “Banking as a Service” (BaaS) or "Credit Card as a Service," claim to offer speedy, stress-free product launches. Can it really be so easy? We’re joined by Scott Bass, who has spent over two decades in operations, to discuss the realities of launching a credit card. We cover the tradeoffs between DIY builds versus turnkey BaaS solutions, realistic timelines for both, and being prepared for (inevitable) speed bumps. Scott and Shawn also trade some TV-worthy stories about fraud, along with practical advice for dealing with it in the early days of your product.
You can find Scott Bass on Linkedin.
Hosted by: Shawn Budde
Guest: Scott Bass
Produced by: Meagan LeBlanc
Theme Music by: Brad Frank
To learn more about Ensemblex, a team of experts who build and grow fintechs, click here.
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