Tag: finance

Glasses - Stock photography

The problem of legacy technology for financial institutions

In 1994, Bill Gates stated that “banking is essential, banks are not”. While that may have been difficult for us to imagine in 1994, as technology advances, we can see that the financial industry is transforming but not without technology-based challenges. The traditional banking model was extremely ‘people’ centric. Customers would visit ‘bricks and mortar’ […]