Technology articles

Vantage Point

Vantage Point

Generational trends and automation shaping small-business lending By Michael Stefanick In a post-recession, highly-regulated financial environment, small businesses continue to fuel the U.S. economy, but make no mistake: A lot is changing in this dynamic sector. Factors such as the housing rebound, credit preferences, alternative funding schemes and aging workforce demographics are driving important shifts […]

Sharpening Software Smarts

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 […]

Contraction Action

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.

The Big Switch

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 […]

Down to the Core

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.

Owning the Code

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 […]