In today’s fast-paced business environment, banks need to stay abreast of the latest technological advancements to remain competitive. While a bank’s core technology may have served it well in the past, it may not be suitable for the future.
With the rise of fintech products, banks are being forced to compete in new and innovative ways. This means that banks must be able to adapt quickly to changing market conditions and customer preferences. One way to achieve this is by upgrading their core technology.