Three challenges in winning the mobile banking experience (and how OpenLegacy helps)
With direct integration to monolithic core systems and high-level composable APIs that facilitate a microservices strategy, OpenLegacy helps banks overcome obstacles to building mobile banking experiences.
For the majority of traditional retail banks, mobile banking is going to be the primary growth driver – and competitive battlefield – over the years to come.
This shift is already starting, with COVID massively accelerating the transition from bank branches towards digital banking. There was a 26% increase in mobile banking sessions in 2020 compared to 2019, with users spending 49% more time in mobile banking apps year-over-year (source).