Banco Popular de Puerto Rico

The growing number of digital banking services and the rise of tech-savvy competition from adjacent industries are pressuring financial institutions to update their legacy technology systems. To develop and deploy new applications at the speed and scale to compete, organizations need to leverage cloud technology. But moving legacy technology to the cloud can be a complicated endeavor.

Commercial banks have proven since the start of the pandemic that they have what it takes to navigate ongoing disruption, while helping their customers manage the uncertainty.

The banking industry is in a period of constant change and opportunity. Banks recognize that digital acceleration is the key to addressing both organizational and market changes, but executing that change can cause confusion: where to start? What does the process look like? Who should be involved? 

With more than 8 in 10 Americans using digital finance, protecting consumer access and privacy and fostering a safe, trustworthy ecosystem is of paramount importance.

For organizations impacted by Nacha's proposals, this will mean considerable planning. Will you be ready?

The industry is preparing for the implementation of the ISO 20022 standard, promising greater efficiency and data-rich transactions.

As we usher in 2024, commercial banks face a year characterized by lower economic growth, depleted consumer savings, more intensive regulation and an end to the interest rate windfalls of 2023.

Behind every user experience and at the heart of every bank lies its core banking system. In our panel discussion, we explore how true next-gen core banking technology that supports a full range of Retail and/or Corporate Deposits can help unlock the full growth potential of modern banks.