Major organizations—from financial institutions to airlines and global retailers—are burdened by decades-old core platforms, and they face increasing challenges in adapting to the demands of modern ...

Generative AI can be used to reduce the time and cost of modernizing legacy core systems, according to consultants at large firms like Accenture and McKinsey. Processing Content Applying generative AI ...

Whether dealing with changing regulations or effectively implementing digital financial solutions, banking organizations have revamped everything with technology according to the customer’s ...

Changing even a small part of a core-banking platform does not come easily to any bank, as it is the lifeblood of operations. But for the $300-million asset First State Bank, based in Waynesboro, MS, ...

Core banking systems, the engine that powers bank operations, have been changing to adapt towards the wider modernization sweeping the financial services sector. Private equity firm Nordic Capital ...

The lines between banks and non-banks are blurring faster than ever. Retailers offer payment cards, ride-hailing apps issue microloans, and digital wallets manage millions of accounts without holding ...