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New RS2 Whitepaper Reveals How Legacy Systems Are Stifling Bank Innovation

Fintech Finance

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and technology provider, RS2 , has revealed that a staggering 70% of banks’ IT budgets are consumed by maintaining outdated legacy systems.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.

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6 Fintech Resources in Asia to Read in Preparation for 2024

Fintech News

This guide delves into a curated list of five influential fintech reports and whitepapers, with each of the resources shedding light on critical aspects of the industry and the evolution of the landscape in key Asian markets. More resources and info More resources, such as e-books and whitepapers, can be found here: fintechnews.sg/whitepapers

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BPC Releases Practical White Paper Guiding Banks Through the Challenges of ISO 20022 Migration

Fintech Finance

BPC , a global leader in payment solutions, today announced the launch of its latest white paper, ISO 20022 Migration 101: Steps and Strategies for Banks. The white paper provides a comprehensive guide to navigating one of the most critical transitions in the global financial ecosystem: the shift to ISO 20022 messaging standards.

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RS2 Urges Banks to Invest in Innovation as 70% of IT Budgets are Spent on Legacy Systems

The Fintech Times

As much as 70 per cent of banks’ IT budgets are being consumed by maintaining outdated legacy systems, according to a new whitepaper by RS2 , a payments processor and technology provider.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.

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RS2 partners with Visa to optimise global payment processing

The Paypers

The launch followed the publication of RS2’s latest whitepaper, How to solve banks’ legacy system challenges while controlling risk , which highlighted that up to 70% of banks’ IT budgets had been consumed by maintaining outdated infrastructure.