CFOtech UK - Technology news for CFOs & financial decision-makers

SaaScada stories

Old complex machinery outdated bank infrastructure digital age strain

UK banks face GBP £3.3bn tech bill as legacy systems creak

Thu, 18th Sep 2025
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saascada
UK banks will spend GBP £3.3bn by 2026 maintaining ageing core systems, facing rising costs, outages and regulatory fines amid growing digital demand.
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UK banks frustrated by cloudwashing in core banking adoption

Sat, 23rd Aug 2025
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Most UK banking leaders are frustrated by 'cloudwashing' as 57% say core banking systems touted as cloud-native aren’t genuinely so.
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UK banks take an average of 65 days to update base rates

Thu, 29th May 2025
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saascada
A study reveals UK banks average 65 days to update base rates and over six months to launch new features, slowing innovation amid rising customer expectations.
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SaaScada predicts transformative shifts in banking by 2025

Fri, 22nd Nov 2024
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saascada
SaaScada predicts transformative banking shifts by 2025, with multigenerational banking and ESG principles reshaping financial services in the UK.
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UK banks struggle to utilise data for timely product launches

Tue, 24th Sep 2024
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saascada
UK banks struggle to innovate despite growing balance sheets, with 77% under pressure to keep up, a SaaScada study reveals.
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Resistance to change stalls UK banks' tech modernisation

Thu, 20th Jun 2024
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saascada
A new report reveals a resistance to change and reliance on legacy technology are major hurdles to core banking modernisation, putting them at risk.
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ZORRZ partners with SaaScada for inclusive credit card launch

Thu, 30th May 2024
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saascada
ZORRZ partners with SaaScada to launch BlueAccess, a credit card promoting financial inclusion for immigrants, refugees, and those with poor credit history.
London

Fintech trends and financial challenges for the UK

Fri, 27th Oct 2023
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saascada
SaaScada has issued five forecasts for the United Kingdom's fintech sphere in 2024, including a crisis in artificial intelligence and major shifts in payments.