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Cyber security and legacy systems still greatest technology challenges

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Four in five central banks lack chief fintech officers

The most important monetary expertise challenges dealing with central banks stay cyber safety and adaptation of legacy techniques, knowledge from the Fintech Benchmarks 2025 exhibits.

Over three-fifths (62.9%) of 35 central banks say cyber safety is a key concern, whereas 57.1% of respondents say the identical of adapting legacy techniques. The order of challenges is similar because the 2024 benchmark.

Central Banking additional analysed the pattern by central financial institution digital forex mandate. Establishments with out a authorized mandate to

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