Core systems

Serverless computing has its proponents — Capital One and BBVA among them — but the service hasn’t yet proven it can fulfill general systems needs in banking.

The Maine-based institution will convert to the CU*BASE platform during the first quarter of next year.

The advocacy group argues that major core processors are not helping small banks keep pace with customers' technology demands.

The small New Mexico-based institution will now be able to offer services like mobile banking and online loan applications.

SigFig is partnering with Citizens Bank to launch an advice platform in its effort to become a direct competitor to legacy core systems providers.

The New Jersey-based credit union aims to increase its technological offerings as a result of the conversion.

The association has invited FIS, Fiserv and Jack Henry to join a committee tasked with helping smaller institutions modernize technology.

The credit union in San Diego expects to increase its efficiency and add products and services once the switch is complete.

The Miami-area credit union is the latest to migrate to Sharetec's core banking platform.

The $25 million-asset credit union has already seen new efficiencies since moving to the new platform.

The $1.1 billion-asset credit union will move to Fiserv's DNA platform while implementing other services from the technology provider.

Several hard realities, including legacy technology and the pace of change in software and apps, leave firms vulnerable to outages that stir public outcry.

The Atlanta bank warned that some customers may experience intermittent access. A routine system upgrade gone awry caused the problem.

The bank chalked up its outage to "a normal system upgrade that experienced technical difficulty."

A family-owned community bank in Oklahoma is testing a Spotify-like service by fintech Meed that allows customers to pay $9.95 a month to obtain digital banking services.

Financial firms need to focus developer teams on creating products, not fixing legacy IT issues and bad code.

The company built a patch within 24 hours of being alerted to a vulnerability in messaging software used by many banks and credit unions. Fiserv is looking into how this happened while addressing speculation about whether consumer data is still threatened.

The company built a patch within 24 hours of being alerted to a vulnerability in messaging software used by many banks. Fiserv is looking into how this happened while addressing speculation about whether consumer data is still threatened.

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.