“Can a Caribbean-licensed international bank become the BaaS infrastructure layer for Latin America and the Caribbean by combining a modern core (Temenos) with white-label card issuing (i2c/Mastercard)?”
North International Bank (NIBank), based in Antigua and Barbuda, serves customers in the Caribbean, Latin America, and Europe. In 2022 the bank modernised its core on Temenos Banking Cloud, positioning itself for Banking-as-a-Service. Under the 'Nibank Partner' program it has expanded into card issuance in Latin America via i2c and Mastercard, signalling a deliberate embedded-finance and partner-banking strategy for the region.