5 min read
Banks Should Make 2024 a True ‘Year of Digital’
Banks and credit unions won’t find a perfect digital vendor. What they can find is the right partner to fulfill their...
By: Charles Gorrivan on Aug 3, 2023 9:51:00 PM
Roughly 94% of U.S. banks rely on legacy core systems that conduct transactions in overnight batches, with the largest lenders leaning on mainframe systems built more than 40 years ago, said Brad Smith, a partner at Cornerstone Advisors.
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