Lending as a Service (LaaS)
How banks and non-bank lenders are modernizing their operations using cloud-based commercial solutions.
Market Leaders Brief • 2019
Lending as a Service (LaaS)
Banks and non-bank lenders are bringing Marketplace Lending (MPL) best practices under their own roofs by adopting ‘Lending as a Service’. LaaS packages the latest lending software, operated in the cloud by a vendor, with expertise and operational services included. Financial institutions can quickly modernize their lending operations – when they carefully consider their strategy and available technology solutions.