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Why Do New Technology Projects Unexpectedly "Go Cold" With Regard to Internal Constraints?

Question: 
What internal bank factors typically contribute to technology stagnation?
Answer: 

Lack of resources is the most obvious answer, however, there are several others that routinely contribute. These may include: concerns about successful implementation, lack of necessary buy-in from management, inability to justify value proposition, and lack of technical knowledge.

Vendor: 

AccuSystems develops document management and exception tracking software for financial institutions. Trusted by more than 15,000 bankers worldwide, AccuAccount automates exception tracking, streamlines audits, and simplifies loan imaging. Request a demo, register for a webinar, or download a free whitepaper.

First published on 02/10/2014

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