European banks are falling behind their competitors, slow to switch to modern technology platforms: BCG
Published on: July 7, 2026, 11:28 a.m. | Source: The Tribune
Nearly 90 per cent of European banks say they face an urgent need to modernise their payments infrastructure, but most are making slow progress due to fragmented legacy systems, regulatory complexity, funding constraints and talent shortages, according to a report by Boston Consulting Group (BCG).
