Banks of all sizes are hearing from many customers that they want exposure to the fast-growing but volatile cryptocurrency market. Vast Bank recently became the first nationally chartered, FDIC-insured bank to offer crypto banking.
Browsing: Core processing
The Bank On movement for financial inclusion continues to accelerate. In July, the Cities for…
With more than 100 institutions now offering Bank On-certified checking accounts—and more in the pipeline—what can banks of all sizes learn from the experience of their certified peers?
American Bankers Association President and CEO Rob Nichols today said that the rapid convergence of banking and technology is important and benefits consumers, but emphasized that “there should be some degree of levelness as it pertains to supervision and consumer protection,” for new market entrants offering bank-like services.
Banks report improvements in their core provider relationships—and feel better equipped to navigate the core marketplace.
Core conversions are hard in normal environments—how have bankers and core providers adapted to converting in a world of quarantine and work-from-home?
During opening remarks at ABA’s virtual Conference of Community Bankers today, ABA President and CEO Rob Nichols shared an update on the work of the association’s Core Platforms Committee, which was formed in 2018 to help improve the working relationships between banks and their core service providers.
The coronavirus crisis is (hopefully) a once-in-a-lifetime event, but the way banks respond and adapt to its challenges has the potential to forever change the way they do business.
Business conditions were most often called the single biggest challenge facing community banks, according to an annual survey released yesterday by the Conference of State Bank Supervisors.
Community and midsize banks aren’t one-size-fits-all, and neither are the strategies they can adopt for their core processing needs. Two community bank CIOs describe five strategies banks can pursue.