Core conversions

With foreign competition, will U.S. core vendors finally step it up?


The big four core vendors have had little incentive to innovate in recent years. But newer competition will force them to update their technology if they wish to survive the digital age.


'Existential requirement for banks': Comments of week


Readers this week highlighted the need for banks to upgrade payments systems, debated a small bank’s decision to ditch its legacy core vendor, lamented populist initiatives of the GSEs, and more.


This tiny Florida bank says APIs could make it a national player


With a new core system, Surety Bank plans to connect with customers outside of its geographic market.


Banks need to stop keeping COBOL on life support


Banks have resisted the need to switch their core systems, but how long can a financial institution continue to operate on a foundation of dust?


Six standout community bank tech projects


In our recent Community Bank Tech Projects series, we looked at the way a handful of banks chose to invest their precious resources over the last year. Here is a roundup of those projects.


How core conversion spurred a community bank's explosive growth


Bank3 started as a $12 million-asset institution with a single branch, no online banking and a core system that was obsolete. Now it's much more.


With core conversions, the question isn't if, but when


Fearful banks hesitate on core conversions they need. But what's more risky? Keeping legacy technology? Or finally replacing it?