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Amsterdam
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2024
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Anne Willem's blog archive

2024 (1)
Anne Willem De Vries

Anne Willem De Vries

Co-founder and CEO at Silverflow
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Blogs

The Payments Business

Legacy Systems Are Holding Payments Back

01 Jul 2024

Despite processing millions of payments a day, the payments industry is being held back by outdated technology that has become too integral to replace or integrate with – until now. Legacy systems are already costing the payments industry $36.7 billion per year, a figure that is expected to rise to $57.1 billion by 2028. Rather than addressing sin...

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