Core systems

Jennifer Smith is overseeing a core conversion that is the largest tech project in Zions' history.

New clients will use vendor’s KeyStone core processing system.

The conversion, scheduled for Q1 2018, will allow the CUSO to expand into the Tampa area.

Both credit unions are located in the upper Midwest near Lake Superior.

Mendo Lake CU, Community First CU will join core systems this weekend.

Before banks replace their core systems — which are largely homogeneous in the U.S. — they should work on ways to deliver convenient and engaging digital services for each of their channels.

Pennsylvania CU is switching to new vendor because of system’s open architecture.

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.

Though they face an array of competitive threats — from digital currencies to peer-to-peer payment apps — the vast majority of community banks do not have a payments strategy, according to a recent survey.

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