In today's fast-paced financial services environment, core modernization is no longer just a buzzword but a critical factor for the strategic growth of financial institutions. As institutions look towards core modernization, the "nice-to-have" sidecar core solutions that were once considered niche have now reached the mainstream and drive strategic discussions among fintechs, banks, and credit unions of all sizes. The future of banking is being reshaped, and core modernization is at the heart of the conversation.
Topics: Core Systems, Core Platforms, Core Processing
Developing a Sidecar Strategy for Tech Innovation
Banks and credit unions are taking a new look at the role their core systems play in delivering products and services to customers.
Topics: Innovation, Fintech, Vendor management, Core Platforms, Cloud
One Does Not Simply Switch Core Systems After COVID-19
While community bankers were already weighing options on core processing and digital solution strategies before the pandemic, these decisions weigh heavily enough now to quickly tip the scales of survival. We’ve already shared our thoughts on how the “shelter in place” environment and its aftermath gave a serious jolt to any bank or credit union leader still on the fence about the importance of a robust digital backbone.
Topics: Digital Banking, Contract Negotiation, COVID-19, Core Systems, Core Platforms, Core Processing