A group designed to help community banks negotiate contracts with the “big three” core systems vendors is expanding its mission to assist smaller banks with fintech purchases, and adding new ...
When 40-year old legacy banking systems meet the two-month old iPhone 6, the results aren’t pretty. The bank systems were built on mainframes and designed to process transactions overnight, in batches ...
For many years, U.S. banks have been reluctant to replace legacy core systems, largely due to the cost and risk involved and the sheer scope of the endeavor. But signs abound that financial ...
Core banking systems, the engine that powers bank operations, have been changing to adapt towards the wider modernization sweeping the financial services sector. Private equity firm Nordic Capital ...
BBVA Compass, one of nation’s 25 largest banks, has replaced its core banking system with a modern Accenture Alnova platform. Celent, the financial technology analyst firm, said it is the largest bank ...
This is a preview of a research report from BI Intelligence, Business Insider's premium research service. Click here to learn more. In an increasingly digital economy, banks are becoming more ...