MacMusic  |  PcMusic  |  440 Software  |  440 Forums  |  440TV  |  Zicos
fis
Search

Beyond point solutions: Building a cohesive fintech ecosystem through vendor optimization

Thursday October 31, 2024. 12:12 PM , from BetaNews
In the financial services industry, competition has never been steeper. As fintechs and neobanks accelerate the pace of innovation and digital banking demand soars, financial institutions (FIs) can't afford to postpone digital transformation initiatives. However, despite the widespread recognition of its importance, many FIs find themselves stuck in the initial phases of their digital transformation journeys. Research shows that a staggering 70 percent of FIs are unable to move beyond the planning stages of migration. One of the primary reasons for this sluggish progress is the burden of tech debt and fragmented processes. Over the years, FIs have accumulated a… [Continue Reading]
https://betanews.com/2024/10/31/beyond-point-solutions-building-a-cohesive-fintech-ecosystem-through...

Related News

News copyright owned by their original publishers | Copyright © 2004 - 2024 Zicos / 440Network
Current Date
Oct, Thu 31 - 17:19 CET