Interview with Manzar Zaidi, Regional Senior Executive, Tuum at Money 20/20 Europe 2026

Legacy banking systems are holding financial institutions back and the numbers don’t lie.

Banks currently spend over 80% of their IT budget just maintaining legacy infrastructure. That leaves only 20% for innovation.

In our latest interview, Manzar Zaidi from Tuum breaks down how modern core banking is changing this equation:

✅ Launching new products in weeks not years
✅ Turning unpredictable CAPEX into scalable OPEX
✅ Modernizing progressively without the risk of a “big bang” migration

Whether you’re a digital challenger, exploring BaaS, or looking to capture new market segments the way forward is clearer than ever.