🎉 In 2025, banks in the EMEA region are prioritizing payment system modernization

🎉 In 2025, banks in the EMEA region are prioritizing payment system modernization

This is confirmed by an annual study conducted by Volante Technologies in May 2025, involving senior executives from corporate and transactional banking across 11 countries.

▶️ The report reveals that 99% of the surveyed banks plan to implement new payment solutions within the next 12 months, with 52% aiming to do so within the next six months.

▶️ Currently, around 27% of institutions still operate with legacy technology, either from traditional providers or in-house systems that are 5 to 10 years old.

▶️ While 25% are considering a move to the cloud, the majority still depend on on-premise infrastructure.

▶️ To support this modernization, banks in the region plan to invest an average of USD 1.42 million over the year. Additionally, 49% have increased their budgets compared to 2024.

▶️ What’s driving this urgency? The top reasons cited include improving cost efficiency and operational resilience, followed by the growth of the fintech sector and pressure from increasingly demanding customers.

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