Financial institutions (FIs) and every other manner of business is right now learning a lesson in resiliency, for good or ill. As reports of how different sectors of the financial services industry performed during the global emergency, a few things stand out. Among them is...
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Financial institutions are embracing cloud technologies to roll out innovative tools and services, but selectively upgrading infrastructure isn’t enough, says Michael Morris, chief technology officer for Australian FinTech Up. In the latest Digital Banks And The Power Of The Cloud Tracker, Morris discusses why FIs...
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Is it surprising to know that 55 percent of legacy financial institutions (FIs) report lacking maturity in core systems? Or that, on average, 15 percent of an FI’s annual operating costs go toward maintaining core banking systems that are outmoded? It’s true, but not for...
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Fifty-five percent of consumers say mobile is now their preferred way of interacting with their banks, but many financial institutions (FIs) still rely on infrastructure that’s fallen behind the curve, says Lindsey Grossman, director of product for challenger bank N26. In our latest Digital Banks...
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No wonder a recent headline in The Motley Fool screamed “3 Top Cloud Computing Stocks to Buy Right Now.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
