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Legacy Systems
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ACI Worldwide’s new payments platform targets the difficulty banks are having in updating aging legacy systems to deal with new changes in the payments market.Be the first to comment
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Banks with decades-old IT systems are struggling to adjust to the changing regulatory and financial landscape.
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Banks that are looking to take the next step in IT outsourcing should look to their business and technology staff and resources, a new white paper from Capco suggests.
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Busey Bank moved its core systems into the cloud, creating efficiencies and preparing for growth. Here's what banks can learn from Busey's conversion.
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Although legacy systems replacement is a major undertaking for any bank, the global banking industry could regain a significant proportion of the profitability lost during the financial crisis by adopting modern core systems.
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Analyst and research firm Celent recently hosted its annual model bank awards. Here we highlight some of the notable winners.
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2013 may end up as "the year of regulatory implementation in banking," but compliance is not the only challenge facing banks that want to outpace the competition.
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Banks looking to upgrade or replace legacy core systems have a choice: Do it all at once or gradually. Many factors go into deciding which is better for a specific bank.
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Core bank systems have to do more than just run the business. They're now the foundation of transformation and competitiveness.
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The emergence of new disruptive market entrants is forcing banks to accelerate their core systems modernization efforts. Growth and product innovation hang in the balance.
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Don Free, research director at Gartner, shares his views on how the core vendor market is changing, and what banks and vendors must do to stay competitive, with BS&T associate editor Jonathan Camhi.
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Although U.S. banks are among the leading consumers of IT, many have resisted core transformation. Now, however, the risk of delaying modernization outweighs the long-standing risks of proceeding.
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Accenture's Alnova new core banking infrastructure is now running BBVA Compass' checking and savings deposit platform across the bank’s 716 branches
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Guaranty Bank drives down payroll errors and restores employee confidence by adopting Ceridian's Dayforce SaaS-based system.
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Bank CIOs are going to have to work harder to recruit the best IT talent as the importance of technology in banking continues to increase. We ask some of this year's Elite 8 how bank tech leaders can attract the IT workforce of the future.
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The role of the bank CIO has changed dramatically since the financial crisis, as technology leaders have had to take on new responsibilities within their banks in response to a rapidly changing business environment.
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Silicon Valley Bank CIO Prashant Nema knows his bank must be at the forefront of technology -- because all of its clients are there, as well. One way the bank stays ahead of the curb is through its technologists' collaborative work with many clients to provide feedback on the technology they are developing.
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Silicon Valley Bank CIO Prashant Nema knows his bank must be at the forefront of technology -- because all of its clients are there, as well. One way the bank stays ahead of the curb is through its technologists' collaborative work with many clients to provide feedback on the technology they are developing.
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Charlie Lai, CIO and EVP of Fairwinds Credit Union, is always prepared to go the extra mile in the name of customer convenience, whether he is converting core systems or thinking about the institution's next mobile app.
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When Capital One asked Julie Elberfeld, Commercial CIO of Capital One Bank, to build an IT infrastructure for its commercial bank from the ground up, she jumped at the opportunity. You might say she likes a challenge.
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A U.K. technology trade association wants regulators to force British banks to upgrade legacy IT systems.
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Deciding what payment methods to accept when consumers are paying monthly bills is a complex decision in today’s marketplace.
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The Rapid Deployment software makes it easier, cheaper and less risky for banks to implement new technologies.
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Banks must develop new ways of providing service that align with growing customer expectations -- not simply making individual channels better, but making them work better together.
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Financial services is prominent in Dell's new NYC Solutions Center; collaborative testing environment focuses on end-user computing, cloud and data/analytics solutions.
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