Today Share Mobile Banking, Online Banking, Digital Banking, Neobanks, Challenger Banks, Crypto, Money Management, Trading Apps, FinTech, UK Despite the banking sector’s aggressive push towards digital transformation, a critical oversight threatens long-term growth: the neglect of legacy system upgrades. While financial institutions focus on enhancing front-end digital experiences, outdated core infrastructure could become a major roadblock to scalability, cybersecurity, and regulatory compliance. The 2025 Retail Banking Trends and Priorities Report , published by the Digital Banking Report, provides a comprehensive look into the evolving financial landscape. It highlights key industry priorities, emerging challenges, and the technological shifts shaping the future of banking. According to the report, 52% of financial institutions list enhancing digital experiences as their top priority. Banks and credit unions are rapidly adopting mobile-first strategies, AI-driven customer engagement, and real-time payment capabilities to meet rising consumer expectations. However, only 25% of institutions are focusing on upgrading core banking infrastructure, creating a gap that could hinder long-term sustainability. Legacy System Neglect: A Ticking Time Bomb? The report highlights a concerning trend : while banks are modernising customer-facing technologies, most continue to operate on outdated core systems. Credit unions appear to be an exception, with 45% prioritising legacy system […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
