Driving greater productivity through staff technology training By William Atkinson Community banks spend large amounts of money on software, systems and other technology to help their organizations run more efficiently and accurately. However, while they devote a lot of time to selecting the best technology products and services, too often many fail to ensure employees […]
The benefits, opportunities and challenges from core vendor consolidation By Katie Kuehner-Hebert The potential impact of continued consolidation of core processing software providers is a mixed bag for community banks, independent technology experts say.
Changing core processing systems takes research, observation and a thoughtful review By Jennifer J. Salopek The current estimated size of the global bank core software system marketplace is about $8.6 billion, according to Celent LLC, the banking technology consulting firm. The firm estimates that the market will grow at a rate of 4 percent over […]
Tackling core processing system conversions for functionality, efficiency and integration By Karen Epper Hoffman Changing up the core processing software system is arguably one of the most overwhelming tasks any community bank can undertake. But, done right, it can also be one of the most operationally beneficial and rewarding.
A core processing cooperative gives community banks an ownership stake By Judith Sears All community banks today face the information technology challenge of maintaining competitive functionality and services with limited operating budgets. Sometimes squeezed between the high fees of service bureaus and the costs of trying to maintain their own IT infrastructure, many community banks […]
Visiting a Virginia community bank By Ann Chen In my four years here at ICBA, I’ve spoken, written, typed and tweeted about why community banks are special and how they fulfill a uniquely important role in the nation’s financial system. Yet I’ve never explored the behind-the-scenes of what happens day-to-day inside the walls of a […]