<ul><li>Legacy card technology poses significant risks to financial institutions in terms of cost, efficiency, revenue, and competitiveness.</li><li>Push factors include the retiring COBOL programmers, declining relevance of traditional branches, and challenges in adapting to regulatory changes.</li><li>Pull factors include the demand for seamless digital experiences, the need for real-time data access, and the prerequisite of artificial intelligence (AI) for success.</li><li>Modernizing card programs is crucial for real-time data access, digital issuance, and future-proofing financial institutions.</li></ul>

Six Risks That Could Undermine Your Business: The Hidden Dangers of Sticking with Legacy Card Tech

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