Finastra empowers lenders with cloud-based LaserPro.

Released: Jan 05, 2024 |

Length: 9 pages |

Language: English |

Resource: Whitepaper

In an era of digital transformation, where competition for lenders in North America is fierce, financial institutions must adapt quickly.

In the mortgage industry, bank and credit union share of loan originations dropped from 50% in 2011 to only 21% in 2020. According to research conducted by EY, over half of businesses responding to a recent survey want to be funded within seven days, and 31% expect to receive funding within three days.

Finastra is transitioning LaserPro to the cloud, empowering lenders to enhance their agility and gain a competitive edge in an increasingly digital lending market. Download and read the whitepaper to learn how LaserPro, now moving to the cloud, can help financial institutions overcome challenges and embrace the digital era.

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