Research report

Card platform migration

Nearly two-thirds of European banks are already modernising card platforms to reduce legacy costs, improve compliance readiness, and support digital payments growth. Discover what is driving migration strategies across Europe, what banks expect from migration partners, and how leading institutions are approaching modernization.

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Key findings from the report

of banks are already modernising card platforms

80%

started migration within two years

65%

say legacy systems are outdated

60%+

Card migration

Why banks are modernising now

Legacy card systems are becoming harder and more expensive to maintain. At the same time, banks must support digital wallets, instant payments, API-based services, and evolving regulations such as PCI DSS and PSD3.

Research from European banking leaders shows modernization is no longer a future initiative. It is already underway.

Banks are increasingly prioritising:

card issuing modernization
acquiring platform upgrades
cloud-ready payments infrastructure
operational resilience
fraud prevention
faster product launches
lower compliance complexity

Featured report

Card platform migration

Nearly two-thirds of European banks are already modernising card platforms to reduce legacy costs, improve compliance readiness, and support growing demand for digital payments. This research explores what is driving card platform migration across Europe, how banks are approaching modernization projects, and why SaaS and cloud-based models are reshaping the future of payments infrastructure.

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plan to use external migration partners

45%

prefer gradual migration approaches

56%

Migration strategies

Migration options for banks

Modernising a card platform is not only a technology decision. Banks must balance operational risk, compliance requirements, customer experience, and long-term scalability. This report explores the migration approaches European banks are using to modernise card issuing and acquiring systems while reducing downtime and implementation risk.

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of card systems are 10–20 years old

52%

cite outdated IT as a migration driver

61%

SaaS and outsourcing

The future of payments SaaS

European banks are increasingly turning to SaaS and outsourcing models to improve payments efficiency, modernise infrastructure, and reduce operational complexity. This report explores how banks are approaching cloud, SaaS, fraud management outsourcing, and modern payment processing strategies.

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