In a world of digital wallets, mobile payments and fintechs, platform modernization stands as an inevitable journey for banks and payments processors.

With artificial intelligence taking off, banks find themselves in an unprecedented position to meet and anticipate customer needs.

In the U.

Consumers have quickly come to expect that they can complete any task from any location—and in the last decade, that represents the most significant economic change driven by the surge of mobile technology.

In India, at least half of the population is unbanked: Remarkably, these people lack access to the convenience of electronic payments so common in the west.

U.

Handing someone a $100 bill is an instant payment.

Current payments systems are more sophisticated than their predecessors, with more functionality, higher transaction volumes and continuously operating, open environments.

Data breaches have become so common that virtually no business or financial institution is safe.

“Digital” is the new buzz word that has led to disruptions across multiple industry segments, including banking.

This October represents a key deadline for financial institutions across the country.

In this fast-paced, highly mobile, Internet-everywhere world, it’s not surprising that U.

Mobile banking’s “first wave” is a good news story.

As today’s retail financial services institutions continually look for the best, most efficient ways to operate, it’s clear that simple changes to business processes can be made to better meet the needs of customers while increasing efficiency.

Bankers worry a lot: about regulation, about risk and certainly about revenue.

The recent financial crisis and continuing impact of a slow growth economy and increased regulation has focused financial institutions on the need to be more agile and innovative.