What Is the Best Core Banking System?
Rating Core Banking Systems More and more banks are looking to transform as they embrace digital banking technology in the coming years. Often, this starts with finding a new core banking platform that has the right cloud-based or component-based structure. Yet,...
Here’s the Conversation You Need to Have with Your Core Vendor
An Important Discussion... If your bank has a core vendor with a contract written before 2000, it may be time to sit down and have a conversation. Many of your competitors are moving to digital platforms to serve their customers, and most core vendors have plans to...
Negotiate Contracts With Your Vendors With A Consultant
Top Reasons To Hire A Consultant When Contract Negotiating When negotiating a new contract for a bank vendor, you negotiate more than just the services and the price. You are also negotiating terms that can be quite complex and a time frame that locks you into the...
What Questions Should You Ask When Negotiating New Technology Contracts
Best Questions To Ask When Contract Negotiating Is your bank, community bank, or financial institution in the process of acquiring new technology to enhance your business? If so, consider working with experienced consultants to ensure you are obtaining the best terms,...
What Is a Core Banking System?
Core Banking System Explained Today's banks are relying on technology to a greater degree than ever before. At the heart of what each bank provides is a core banking system. Since they hit the market in the 1970s, core banking systems have been at the heart of the...
Does Your Bank Have a Contactless Payment Plan for your Debit Card Program?
2020's Evolution of Contactless Payment The COVID-19 pandemic has led to an increase in the demand for contactless options for businesses of all types. Banks are no exception to this. If your bank meets the demands of your customers, you need to start offering...
Core Vendor Evaluation Consulting for Financial Institutions
The Vendor Evaluation Process When banks and credit unions are looking for a new core vendor, careful evaluation is necessary to ensure they find one that offers the right products and services to meet their customer's needs securely. Also, today's banks and credit...
5 Contract Negotiation Tips for Financial Institutions
Contract negotiations are a significant part of the role of leadership in a financial institution. If you are looking to renegotiate your Core Contract, Debit or Credit Card Processing contract, or any other ancillary applications, you need to enter the process armed...
Digital Transformation in Banking
Cloud-Based Digital applications can provide an alternative to banks wanting to improve the functionality of their front-end applications and their customers experiences. For banks using Legacy Systems, fully embracing digital technology to better serve customers in...
Legacy Systems and the Demand for Digital Transformation
The world is changing, moving towards digital technology in every area of life. From smart refrigerators that allow users to check the weather and the temperature of their food to mobile apps that control everything from bill paying to thermostat settings, going...
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