Railsbank to launch two embedded finance products.The new OpenRailz API will allow financial services providers to plug their products, such as bank accounts and payments, into the Railsbank platform. These products will then be available on the newly launched Houston no-code platform, where nonfinancial firms can simply point and click the financial products they want to integrate.
With the launch, Railsbank can capitalize on nonfinancial platforms' demand for integrating financial products, as BaaS providers shift to cater to this sector. BaaS providers originally focused on helping existing financial service providers add more products, like
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