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Legacy Tech Still Plagues 95% of Asia Pacific Banks, Slowing Down Modernisation - Fintech Singapore

Summary by Fintech Singapore
Banking institutions across Asia Pacific are under increasing pressure to modernise. Whether in current or emerging markets, banks are riding the tide of a rapidly shifting landscape defined by digital technologies, adapting to regulatory requirements, rising customer expectations, and stiff competition from nimble fintech startups. Yet, legacy systems remain a primary reason why banks cannot keep up with the market and innovate fast enough. Des…
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Fintech Singapore broke the news in on Thursday, June 5, 2025.
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