Banks want to offer payment products their customers love, but they’re often stuck working within the limits of their core technology. At the same time, replacing a core banking system is prohibitively expensive and time-consuming. Banks need a new approach to modernize their technology and win the market. That’s where progressive modernization comes in.
In this guide you’ll learn:
- Why 70% of banks that undergo technology transformation don’t meet their goals, and how to avoid their pitfalls
- How banks can increase revenue by 42% and cut costs by 21% through technology upgrades
- How to launch cutting-edge products without disrupting your existing stack in only 5 steps
- How banks like HSBC have used this strategy to launch products that delight millions of customers and earn 70% market share
