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.
Browsing: Core processing
Five strategies for community and midsize banks weighing “what next?” for their core processing needs.
The Clearing House announced today that financial institutions holding 70% of demand deposit accounts now have access to real-time payments capabilities through their technology providers that have connected to the RTP Network.
When COVID-19 accelerated customer movement into mobile and online banking solutions, and triggered consumers to push their funds into bank accounts, banks that had made investments in the digital customer experience were positioned to capitalize.
The OCC is planning to unveil what Acting Comptroller Brian Brooks called “payments charter 1.0” as soon as this fall, Brooks said on the latest episode of the ABA Banking Journal Podcast.
Ten key factors to keep in mind next time you prepare to negotiate a core contract.
As part of ABA’s ongoing work to strengthen the relationship between banks and their core providers so banks can deliver the innovative products and services customers want and need, 21 core providers have signed onto the Principles for Strong Bank-Core Provider Relationships developed by the Core Platforms Committee.
ABA’s banker-led Core Platforms Committee today released several new resources to help bankers navigate the core provider marketplace.
Two rising community bank executives in North Carolina share lessons in career development and leadership.
In a speech at the Federal Reserve Bank of Atlanta today, Federal Reserve Governor Michelle Bowman discussed how the Fed can help boost transparency and provide more clarity to community banks about relationships with vendors and third-party service providers.