Seattle Bank, a single branch boutique bank with $650 million in assets, is dumping its Fiserv core banking system and moving to a new modern core from Finastra, a company formed by the combination of ...

Generative AI can be used to reduce the time and cost of modernizing legacy core systems, according to consultants at large firms like Accenture and McKinsey. Processing Content Applying generative AI ...

Serge Beck, the founder and CEO of Omniwire, is driven by his belief that people deserve robust and secure financial services. As customers demand speed, personalization and real-time access—and ...

Whether dealing with changing regulations or effectively implementing digital financial solutions, banking organizations have revamped everything with technology according to the customer’s ...

Regions Financial in Birmingham, Alabama, is reassigning members of its executive team as it sets the stage to replace its core operating systems. Scott Peters, who has been leading the bank’s ...

From a Core Banking solution (CBS) with modules for different business lines comprising of deposits, lending, payments, trade which was integrated in the late 1990s through 2000s, focus has shifted to ...

Core banking systems, the engine that powers bank operations, have been changing to adapt towards the wider modernization sweeping the financial services sector. Private equity firm Nordic Capital ...