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Banks want to avoid the cost and time needed for full core replacements. But new products like mobile beckon, leading to some creative solutions toward the challenge of modernization.
May 1
Two community banks have signed long-term agreements to use Fidelity National Information Services' (FIS) core account processing platform.
FIS's core processing platform will help the $107 million-asset AccessBank Texas automate several manual processes, FIS, based in Jacksonville, Fla., said on Friday. The Denton, Texas, bank will also use EFT and item processing services, which will integrate with the core platform.
The $116 million-asset Calhoun County Bank will replace its existing core processing platform with FIS's core account processing platform. As part of the agreement, Calhoun of Grantsville, W.Va., will also deploy FIS's document management and TellerElite products.
