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Summary List PlacementThe Australian neobank, tech giant, and cloud-based technology provider will jointly develop a Banking as a Service (BaaS) platform dubbed Volt 2.0. The Microsoft Azure-based platform will be scalable and offer clients white-labeled banking services with secure data storage and advanced analytics capabilities. Volt's consumer banking arm remains in beta mode, with only savings accounts available to participants, though its website indicates...

This is a preview of the Business Insider Intelligence Banking-as-a-Service premium research report. Purchase this report here. Business Insider Intelligence offers even more banking coverage with our Banking Briefing. Subscribe today to receive industry-changing financial news and analysis to your inbox. Banking-as-a-Service (BaaS) — when banks or fintechs offer up their own services for other companies to use, enabling third parties to provide banking...