Whitepaper
Modernizing Payments:
The Digital Twin Approach
The rapid pace of change in financial services and payments has created a challenge for financial institutions, one that must be met quickly if they are to remain competitive; FIs must modernize their systems to meet the rising consumer demands for instant payments and mobile transactions.
In this whitepaper, Javelin looks at Matera’s promising solution – the digital twin approach to payments.
Digital Twin offers banks the opportunity to satisfy user demands immediately without replacing aging core banking platforms and also puts those FIs on a path toward modernizing their critical systems.
In this whitepaper, you'll learn:
- Recommendations for modernizing critical core and payment systems
- How legacy technology is holding FIs back from meeting consumer expectations
- How a digital twin approach provides a path to payment and system modernization
- How to begin your modernization journey
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