Core systems

The tiny Alabama-based credit union will convert to the CUSO’s OnCore XP2 core processing in 2019.

It’s great for bragging rights, but when banks make large investments in technology they run the risk of irritating investors who think they’re spending too much money for too little payback.

Fort Bragg FCU will convert to KeyStone core processing as a hosted solution in March 2019.

Former postal CU expanding charter, changing core system for first time in 20 years.

Vendors keep merging, and new ones keep forming. For banks, the change brings access to more options, but shorter relationships.

The California-based credit union will convert to the Symitar EASE model of the Episys platform.

Sioux Valley Community Credit Union and Coulee Dam FCU are set to convert to Fiserv's Portico platform.

In an investor-backed power play, the robo tech firm wants banks to turn to it instead of traditional core software providers as they upgrade to digital-banking-friendly technology.

Three years ago the core provider Finastra sought the help of Malauzai to meet customers' cutting-edge technology demands. This week, it bought the software maker.

The Virginia-based CU cited the need for greater automation to continue its growth.

Credit unions undergoing core conversions may stick with third-party vendors for certain services, but in some cases that can cause more harm than good.

Community banks count on personal service as a differentiator to win business. But legacy technology issues can get in the way.

The Minnesota-based credit union said its current system was not keeping up with the marketplace.

Several banks have reported digital service outages this year, but now there’s a detailed breakdown of one of them — and it shows that the damage goes far beyond reputation.

The small Illinois-based credit union credited better disaster-prevention strategies as one reason for the core conversion.

Users cite ease of use, ability to offer advanced products, services.

The Cleveland bank's CIO, Amy Brady, said it had to start replacing legacy systems now to position itself as a leader in the future.

Operations executives said in a recent survey that they have to modernize their back offices before they can meet their No. 1 goal: improving the customer experience.

Democratic infighting over a bill to curb the reach of the Dodd-Frank Act dominated discussion this past week, but Amazon still made waves in its disruptor role. Also: Our 'Best Fintechs to Work For' debuted.

The Golden Contract Coalition, formed in mid-2016 to get community banks better deals with the “big three” core systems vendors, said banks need help with buying from fintech sellers as well.