From Outdated to Elegant: How to Modernize Payments Without Ripping Out the Core

As financial institutions grow, many reach a point where modernization becomes essential to keep pace with rising ACH volumes, increasing customer expectations, and the growing complexity of payments, all while navigating evolving compliance requirements and upcoming rule changes. This session explores how one institution addressed these challenges without undertaking a full core replacement by implementing a parallel payment processing platform alongside its existing infrastructure. Attendees will learn how this approach enabled faster ACH processing, real-time payments, improved compliance, and more flexible B2B workflows, while also delivering enhanced back-office capabilities such as better reporting and greater operational visibility. The session will highlight key lessons on anticipating hurdles, maintaining flexibility, and executing a smooth transformation without disruption or excessive cost, providing practical insights on how to modernize traditional payment systems, scale ACH and real-time capabilities, and effectively plan for risk along the way.