Tag: Legacy Systems

The payments infrastructure at many traditional financial institutions — banks and credit unions — is showing its age at a ...

Similar to what has been happening in the consumer realm over the past decade, traditional financial institutions have seen a ...

Payment processing is an essential part of any business. Forward-thinking merchants are pursuing omnichannel experiences that will yield the highest ...

Not a day goes by without some payments posting that reflects cross-border and/or crypto (often combined) events and trends in ...

If there is one thing that legacy financial services companies have, it’s technical debt. Payments technology and infrastructure grew to ...

This NYT article suggests that the large banks are tiptoeing to the cloud, but the reality is that most are ...

In recent years, consumers have increasingly clamored for a more convenient payment experience. And the past 18 months, COVID-19 created ...

Financial institutions are under growing pressure to adapt to a rapidly changing market and operate efficiently. The cost and complexity ...

It’s time for financial institutions to start thinking about their IT costs in a different light. Legacy systems, built on ...

In his annual shareholder letter released on April 7, 2021, JP Morgan Chase CEO Jamie Dimon listed fintechs as “enormous ...