How a North Carolina Startup Became the Nation’s Largest SBA Lender
Live Oak Bank’s Chip Mahan is looking to a banking future that’s rooted in personal touch and technological efficiency.
Browsing: Core processing
WSJ Article Highlights Core Processor Innovation Challenges
A Wall Street Journal article today examined the challenges that many community banks face when working with their core processors to implement new technologies and remain competitive with larger institutions and highlighted ABA’s efforts to help banks innovate more quickly.
Podcast: A Small-Town Bank That Serves Small-Town Banks
Kristie Holoch’s bank is not just in the business of serving farmers, families and small businesses in the 33 Nebraska towns where it has branches — it also serves its fellow Nebraska community banks.
FDIC Warns on ‘Gaps’ in Tech Vendor Contracts
The FDIC issued a letter to all banks today outlining gaps that some examiners had noted in banks’ contracts with technology vendors and reiterating regulatory requirements for these contracts.
Podcast: Rethinking the Core for an Elegant Banking Experience
As community bankers face increasing pressures to deliver a truly awesome digital customer experience, many report feeling constrained in choice, speed and agility by core processors. On the latest episode of the ABA Banking Journal Podcast, guests discuss how the next generation of core banking technology is evolving.
An Awesome Banking Experience Starts at the Core
What will the future of core banking look like? Cloud-native, consumption-based, and open via APIs would be a good place to start.
ABA Invests in Emerging Core Banking Provider
The American Bankers Association today announced that it has made a direct investment in Finxact, an emerging technology company that offers an innovative, open core banking platform for financial institutions
Podcast: A Cooperative Model for Fintech Innovation
“Innovation doesn’t have to be in technology,” says Julieann Thurlow. “Innovation can be rethinking about a problem and really thinking about what consumers want and where the need is.”
Nichols Challenges Core Providers to Empower Banks with Needed Tech Solutions
In his remarks this morning at the American Bankers Association Annual Convention today, ABA President and CEO Rob Nichols issued a challenge to the industry’s leading core providers, calling on them “to empower banks with the modern, innovative tools they need to compete effectively in today’s marketplace.”
Podcast with Chip Mahan: Bringing Down Costs and Transforming the Customer Experience
On the season two premiere of the ABA Banking Journal podcast, banking legend James “Chip” Mahan provides his wide-ranging outlook on bank technology, small business lending and the customer experience.