Core systems

Alexander Lopatine, who founded Nymbus and has joined Mbanq, says alternative providers are gaining the confidence of more banks. However, questions remain about their staying power in the fight with traditional vendors.

Jeremy Balkin, head of innovation at HSBC Bank USA, shares how the bank is investing in retail innovation, including a $350 million core system.

The London firm lags the three largest U.S. vendors but bets its new open banking platform can win it more business.

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Aging tech systems have become a "pain point" in financial services, and VC firms have backed newcomers trying to push aside traditional vendors and win over banks and credit unions.

The tech company denied allegations from Bessemer System Federal Credit Union regarding security issues and other problems with Fiserv's services.

Failure to recognize the importance of artificial intelligence, mobile banking and other evolving technology would be a serious misstep.

Alternative providers like courting new banks. De novos like the modern features many alternative providers offer upfront.

The FIS-Worldpay and Fiserv-First Data combos do provide notable scale, but the even-larger companies still won't produce the same pace of growth that younger nimble fintechs enjoy, says Eric Grover, a principal at Intrepid Ventures.

The companies could bring something new, such as merchant acquiring to community banks, but their merger could also cause anxiety about giant vendors.