BANKING’ S CLOUD DILEMMA: ARE CO-EXISTENCE STRATEGIES DELAYING THE INEVITABLE?
FOREWORD
FINTECH MAGAZINE TEAM
EDITOR LOUIS THOMPSETT
LEAD DESIGNER ANDY WOOLLACOTT
MEDIA DIRECTORS MATT ANSELL OLIVER REEK BEVAN BAKER
PRODUCTION MANAGERS JANE ARNETA YEVHENIIA SUBBOTINA FREYA REID
GROUP CONTENT DIRECTOR STEVEN DOWNES
PRODUCTION DIRECTOR DANIELA KIANICKOVÁ
CHIEF REVENUE OFFICER JAMES WHITE
CHIEF COMMERCIAL OFFICER LEWIS VAUGHAN
CEO GLEN WHITE
BANKING’ S CLOUD DILEMMA: ARE CO-EXISTENCE STRATEGIES DELAYING THE INEVITABLE?
With 55 % of banks identifying legacy systems as their primary transformation obstacle and 70 % of IT budgets consumed by maintenance activities, today, financial institutions face mounting pressure to modernise their infrastructure. In this edition, Peter Pugh-Jones, EMEA Field CDO at data streaming platform Confluent, argues that the traditional co-existence approach may be prolonging an inevitable revolution across the banking industry.
Elsewhere, we explore how mandatory realtime payment systems are reshaping financial infrastructure and the ways banks operate. We’ ll also look at current AI strategies in finance, and take a deep dive into the US GENIUS Act, asking why this could open the floodglates for mass stablecoin adoption. Don’ t forget our Top 10 too. This month, we champion the leading fintech events from across the globe.
Enjoy the issue.
Louis Thompsett
LOUIS THOMPSETT
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