Core systems

The Bellingham, Wash.-based credit union is the ninth $1 billion-plus CU to switch to Fiserv's DNA platform in the past six months.

Several firms are betting they will be able to help banks create platforms that allow customers to design their banking services.

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?

Frank Sanchez, a former FIS executive, is launching a new cloud-based core banking system aimed at large community banks looking to ditch mainframes.

By banding together, banks can negotiate better terms with startups and other tech companies, FIS' chief operating officer says.

The credit union said the conversion is part of its "members first" approach.

All six institutions have assets of $1 billion or more.

All six credit unions will utilize Fiserv’s DNA core platform, extending contracts with the technology provider that go on for more than 20 years.

Credit union will switch May 1, becoming the 20th Share One client in California.

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.