SaaS adoption empowers institutions with scalable, cost-efficient solutions that enhance operational resilience, automate compliance, and accelerate payment innovation.
44%
of institutions believe SaaS improves scalability
41%
cite the benefit as enhancing end-to-end efficiency
$130B
in projected SaaS adoption in banking by 2027, up from $54B in 2022
66%
of North American banks in 2024 plan to modernise their systems within a year, compared to 76% in Europe
SaaS adoption in banking is accelerating as institutions seek scalable, resilient, and efficient solutions. Key benefits include enhanced resilience, seamless regulatory compliance, and improved scalability. While legacy systems remain a challenge, a phased or hybrid approach enables a smooth transition, positioning institutions competitively in the global payments landscape.
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Related Solutions
Payments Connectivity & Compliance
Securely communicate financial transactions within and between businesses, globally and locally, while easily managing payment compliance and mitigating risk.
