Comment: The digital transformation of banks is finally upon us

clock • 5 min read

In the banking industry, the stable running of IT systems is imperative. This is what drove the industry to begin IT construction relatively early and what continues to drive it to make significant investments each and every year. And yet, argues Vincent Chen, the IT architecture of the banking industry - particularly the core system - has stood still for decades. This year, in particular, it has become clear that banks need to change their architecture. Mobile internet technologies - such as 4G and 5G and intelligent terminals - are now popular and widespread. Open source technologies b...

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