Fintech Finance

APRIL 1, 2025

A new whitepaper by global payments processor and technology provider, RS2 , has revealed that a staggering 70% of banks’ IT budgets are consumed by maintaining outdated legacy systems. The post New RS2 Whitepaper Reveals How Legacy Systems Are Stifling Bank Innovation appeared first on FF News | Fintech Finance.

Innovation 59

Innovation ISO 20022 Fraud Detection AI 59

Fintech Finance

APRIL 29, 2025

The announcement follows RS2’s latest whitepaper, How to Solve Banks’ Legacy System Challenges While Controlling Risk , which revealed that up to 70% of banks’ IT budgets maintain obsolete infrastructure—leaving little room for innovation.

AI 84

AI ISO 20022 Risk Mitigation Fraud Prevention 84

The Fintech Times

APRIL 3, 2025

As much as 70 per cent of banks’ IT budgets are being consumed by maintaining outdated legacy systems, according to a new whitepaper by RS2 , a payments processor and technology provider. With the November 2025 ISO 20022 deadline approaching, RS2 says banks must act quickly to modernise their infrastructure.

ISO 20022 52

ISO 20022 Innovation AI Fraud Detection 52