As industries grow and technologies evolve, rapid digitization has become the only way forward to address growing consumer demands. From this perspective, the banking software industry has reached a new milestone with the rollout of functionally rich microservices-based architecture that can strategically transform a bank’s legacy system at scale and revolutionize banking products, services, and user journeys. However, unlike monolithic legacy banking systems, microservices are independently deployable functional APIs that are cloud-native and cloud agnostic with tangible benefits. In a nutshell, microservices are the antithesis of slow-moving monolithic systems.