Our Story
The financial industry currently faces a range of significant challenges, starting with the substantial costs tied to maintaining legacy systems.
These challenges are compounded by the upcoming regulatory requirement for instant & secure transactions, as dictated by the Instant Payments Regulation, which mandates the implementation of instant payments across the SEPA area within the next 36 months. The necessity to ensure systems are operational 24/7 further escalates operational expenses.
In addition to these infrastructural and regulatory pressures, there’s a growing demand for increased automation and efficiency in transaction processing. Looking ahead, the trend suggests a decline in the availability of individuals willing to engage in manual, repetitive tasks. Moreover, the cost associated with recruiting and training such personnel is anticipated to rise significantly, adding another layer of complexity to the industry’s operational challenges
