Tag: Modernization

As payment innovation accelerates, financial institutions are feeling the pressure. Legacy infrastructure, shifting regulation, and rising customer demand for real-time ...

Although there have been monumental advances in building financial inclusion worldwide in recent years, substantial gaps remain. For instance, across ...

There’s hardly a discussion about the future—of business, technology, or society—that doesn’t include artificial intelligence. With so much noise surrounding ...

Many banks rely on legacy systems, often built 15 or 20 years ago—sometimes on IBM mainframes. The original developers have ...

Financial institutions have been hesitant to embrace the array of payment types now available, from instant payments to stablecoins. However, ...

Consumers increasingly want to move money with their mobile phone and see their account balances adjust immediately. Unfortunately, many financial ...

The payments industry has undergone more change in the past few years than it has in the preceding few decades. ...

Banks that lag in updating their wholesale payments technology risk losing up to 15% of small and medium-sized (SMB) revenues—or ...

As real-time payments expand globally, financial institutions confront the challenge of modernizing their legacy systems to meet the digital expectations ...

With new data standard formats taking hold (ISO 20022) and customers increasingly expecting real-time payments, this is a critical time ...