Banks are under increased pressure from heightened customer expectations, advents in new technology, and economic uncertainty. As competition and industry demands continue to increase, so must digital banking initiatives. Yet, many banking systems rely on legacy infrastructures that limit access to critical data and are unable to communicate with other technologies.
Many banks recognize the need to modernize, but the familiarity and convenience of legacy systems often outweighs the problems associated with them — until it’s too late.
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