In-house or outsourcing? How can banks avoid overpaying for processing?

In-house or outsourcing? How can banks avoid overpaying for processing?

As their card portfolios grow, banks inevitably face the issue of architecture. Should they retain external processing, build their own infrastructure, or gradually move toward a hybrid model? In today's highly competitive environment, it is a strategic, rather than purely technological choice. It impacts the speed of product rollout, cost structure, and the bank's independence level. Tatyana Ravinskaya, CEO of BeginTimes, gives more details.