Digital Banking Platform Costs: What to Expect in 2025

Digital Banking Platform Costs: What to Expect in 2025

Blog Article

Modern digital banking platforms in 2025 range from $750K for basic mobile banking to $3M+ for full-featured solutions. Omnichannel customer experience development accounts for 30-40% of costs, while core banking integration adds $300K-$600K. Emerging expense factors include Open Banking API implementation ($150K-$250K) and biometric authentication systems ($100K-$200K). Financial institutions must budget for PCI DSS compliance ($75K-$150K) and ongoing cloud hosting fees at $25K-$50K monthly. These investments typically show ROI within 2-3 years through increased customer acquisition and reduced operational costs.