3 Results
Gary Singh President at Zeta Services Inc
Despite the proliferation of digital banking apps, the banking industry still runs almost half its systems on a 1950s programming language, which makes it difficult for financial institutions to innovate quickly. Beyond being old and rigid, COBOL (Common Business-Oriented Language) carries overlooked risks, making it a potentially unacknowledged c...
23 September 2024 /payments /cloud Banking Strategy, Digital and Transformation
Recent data on US credit card holders tells us that they value flexibility and control more than rewards and fee-based offers. In light of rising interest rates and debt, consumers view credit cards as ‘liquidity management’ tools and expect them to serve various purposes. And with 51% of American credit card holders now revolving their debt, hig...
03 April 2024 /payments Banking Strategy, Digital and Transformation
The landscape of card technology is shifting rapidly, fueled by advancements in digital payments, evolving consumer expectations, and a growing competitive landscape. Banks face a critical decision: modernize their card processing systems or risk falling behind. With outdated systems threatening revenue and agility, banks may see a significant im...
07 February 2024 /payments Banking Strategy, Digital and Transformation
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