Banks have modernized payments, billing, and customer data but interest and fee pricing parameters remain trapped inside legacy core banking systems. In this video, Zafin’s Principal Architect Arno Hensbergen unpacks the historical reasons behind core dependency. From the rise of call centers to the explosion of digital channels, he explains how scattered customer and account data can lead to technical debt, compliance risks, and operational bottlenecks for banks.
You’ll learn:
- Why interest and fee pricing are still tied to legacy mainframes
- How data fragmentation across channels became a major compliance issue
- The impact of rising regulatory pressure (AML, KYC, customer due diligence)
- How core modernization carved out payments and billing but left interest behind
- Why delivering real-time, hyper-personalized pricing is now essential
Finally, discover how Zafin enables banks to break free from core limitations. Our product catalog masters interest and fees, integrates with major core systems, and captures every pricing plan with full compliance built in without costly, multi-year IT projects. Stop letting your core dictate what you can offer. With Zafin Agreements, the limits aren’t set by your systems but by your imagination. Learn more about Agreements.
