Banks are weighed down by rigid payment architecture and mounting technical debt. In North America and Europe, 75% of IT budgets are spent just to maintain outdated systems, leaving little room for innovation.
By 2028, banks will pour $57 billion into aging payment systems, with costs rising 7.8% annually.
The reality? System outages, lost revenue, and shrinking competitive edge. No wonder 84% of banking leaders are looking to move away from legacy ACH and Fedwire systems. But how can banks modernize without disrupting operations and with low risk?
Discover the "Surround and Shrink" approach - your path to strategic payment modernization - especially at mid-sized and large financial institutions.
- Why piecemeal upgrades fail
- The shift to unified payment orchestration
- A low-risk, modular approach to migration
- An executive roadmap to future-proof payments
Don't fall behind. Get the executive roadmap now.