In a recent article in BAI Banking Strategies by ProSight Financial Association, Casey Scheer of BHMI dives into why the payments back office is the hidden powerhouse behind financial innovation, and why modernizing back-office infrastructures is no longer optional. Legacy systems drive up costs, hinder efficiency, and limit scalability, making it harder to meet customer expectations.
Industry experts like Jared Drieling (TSG), Joyce Mehlman (iLex), Anthony Serio (Serio Payments Consulting), and Peter Tapling, APRP (PTAP Advisory) explain that while financial institutions race to adopt real-time payments, digital wallets, and other advancements, many overlook a crucial element: their payments back-office operations.
Don’t let legacy systems hold you back. Read how payment processing companies are future-proofing their payment back-office processing with automation, real-time insights, and agility.