Fintech enablement: A pathway to modernization

Innovation and the ability to offer more meaningful products and services have become key differentiators for financial institutions. Yet, innovation poses a significant challenge for FIs, especially concerning resource management and the time and cost to modernize legacy architecture.

Aite-Novarica Group’s Strategic Advisor of Commercial Banking & Payments, Gilles Ubaghs, and FintechOS’ VP of Product Marketing, Mike Hughes, sat down to explore the emerging concept of fintech enablement as a pragmatic solution to these universal challenges.

Here are the key takeaways from their conversation.

Fintech Enablement & Modernization: 6 Key Takeaways

The financial services industry is undergoing a transformation as customer expectations shift and innovation becomes increasingly important. However, traditional strategies for innovation are often resource-intensive and leave organizations dependent on third-party providers. In order to meet these changing needs, core modernization is critical.

 

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