The interest of higher financial institutions is compliance – Magic Post

Maintaining old systems slows the progress towards actual time and organizational compliance.

A report on Sibos on Monday shows that 91 % of banks and other financial institutions expect compliance challenges next year, as they run the regulations and expectations of customers and fraud prevention.

The global report, “the future of the competitive advantage in banking and payments”, highlights the old systems as an important obstacle and is based on interviews with 220 financial institutions. More than four out of ten respondents were martyred that these systems are the biggest obstacle to actual time payments, and 31 % stated that they hinder organizational compliance.

Operating flexibility remains a major concern, with 37 % of those surveyed highlighting the importance of using alternative payment methods to prevent the failure of the statute. The update is a major axis, 32 % focuses on new payment channels and another 32 % on promoting cross -border strategies.

The “monetary vision gap” is still important: 50 % lacks a comprehensive vision due to different systems, and 45 % of incomplete cash sites despite partial automation, which confirms the need for a comprehensive monetary vision and track the balance in actual time.

Swift (GPI) priority increased from 35 % in 2024 to 56 % in 2025. This deals with slow or unclear payment speeds, which were identified by 61 % as a higher pain point, through actual time tracking and enhanced vision.

The accuracy in examining penalties is very important, as it highlights 57 % as the most important factor when choosing a solution. This relates to 37 % who cite a large folder of wrong positives as a greater challenge, which hinders operational efficiency.

Vitus Rotzer, chief product official in Lottle in financial correspondence, warns that companies that have not yet implemented ISO 2002 messages behind the schedule greatly.

“It is very important for companies to understand that ISO’s implementation goes beyond a technical upgrade. Most of them have already dealt with technical aspects, but benefiting from data provides much more benefits,” he says. “The more detailed and reinforced data available, the greater the possibility of determining fraud patterns and other important ideas. Companies that do not use these rich data in non -favorable position, start effectively behind their competitors. The value lies in exploiting the improved information that ISO provides in full.”