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ACI Worldwide highlights that outdated technology is holding back 44 percent of firms amid the ongoing transformation in the payments industry. The shift towards real-time, cloud-native payments is driven by customer demand, which is reshaping the landscape. ACI Worldwide, a renowned leader in global payment solutions, points to the significant role that real-time and cloud-native technologies are playing in modernizing payment systems. The company's findings underscore the challenges faced by businesses stuck with legacy systems, highlighting the urgent need for innovation and adaptation to meet evolving market requirements.
The challenges associated with legacy systems and the imperative for modernization, as highlighted in ACI Worldwide's latest findings, mirror themes explored in depth in the company's recent assessment of industry barriers and strategies. For further perspective on these persistent obstacles and approaches to leadership in the evolving payments sector, see the analysis presented in ACI Worldwide’s report on barriers and leadership strategies.