While a plethora of challenger banks and neobanks have preferred to build their core platforms in-house, the game is not lost for traditional platform providers.
Tata Consultancy Services Ltd. recently announced that its flagship core banking platform TCS Bancs would power Israel’s first digital-only bank. As an increasing number of new banking initiatives prefer to build their core platforms in-house, in this article, we rewind and analyze how well the original gangsters of the core banking world have fared in this niche segment. |
