In an age when movies stream instantly and dinner arrives at your doorstep within minutes, why should banking lag behind? The meteoric rise of real-time payment systems like Brazil’s Pix is reshaping financial services worldwide, and the U.S. banking industry is feeling the heat. With the likes of Zelle, RTP, and FedNow ushering in the era of 24/7 digital transactions, legacy core banking systems are struggling to keep up.
But, meeting these modern demands doesn’t mean starting over. With the right modern software, banks can deliver real-time payments, embrace open banking, and unlock the power of artificial intelligence—all without the pain of replacing their core. Read the full article here by Matera Co-Founder and CEO Carlos Netto.