BaaS vs SaaS. Is there a place for both?

Banking as a service is a critically important product that is growing and maturing right now, it allows new propositions to get to market faster without the long wait for an EMI licence and with a preset list of partners available to get products live quickly.

However, as a business matures there often comes a time when a BaaS solution, by its very nature, limits differentiation – the ability to make your offering stand out from the crowd. Whilst BaaS can provide a fast path to market, it may not provide the flexibility you need. For anyone looking to differentiate themselves in the market, a SaaS solution gives greater scope to do something new. SaaScada’s platform gives you the ability to build your own ecosystem of best-of-breed partners to create your unique offering and deliver market-leading products for your customers. Watch this video for more.