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Community banks see value migrating to Finastra’s Fusion Phoenix modern, open core banking system

Bobsguide

Finastra announced that 27 community bank customers are working with Finastra to upgrade their legacy core banking solutions to Fusion Phoenix. Among the banks that have recently gone live on Fusion Phoenix is Deerwood Bank. Among the migrations recently completed or underway, banks are already seeing material results.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

While the current growth rate needs to be left to each bank based on their capital cost, market, and risk tolerance, the general guide is that growth should be in the 3% to 5% range for this year. When offering a higher money market or CD rate, the direct damage done to cost of funds is often the least of a bank’s worries.

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Dollar General Introduces 'popshelf' Store Concept

PYMNTS

The Clarksville and Hendersonville communities, which are near Nashville, Tennessee, are the anticipated homes of the first two popshelf locations. Plans are in place to have roughly 30 locations in different markets before the conclusion of fiscal year 2021.

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National Small Business Week Celebrates the American Entrepreneurial Spirit

Abrigo

To be American is to have the freedom to innovate, take risks, create, transform and put in the hard work that has led to the successes – and failures – that define human progress. Many innovators with great ideas and great potential do not begin with great wealth, so they need a great government partner to support their success.

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Crossing the Mobile Divide

Independent Banker

How millennials will accelerate innovation and technology change. You recognize one of today’s most prominent technology dilemmas for community banks: It’s the great mobile divide. workforce by the end of this decade and represent community banking’s future best customers, are devoted to easy-access mobile technology.

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Major Core Vendors Are Failing Regional Banks

Gonzobanker

Rapid consolidation in the banking industry is creating a growing band of regional banks that find themselves stuck in a solution provider market that isn’t fully capable of serving them. However, the company’s slew of rollup acquisitions has failed to translate into any meaningful development and innovation.

Regional 101
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Who Will Use Self-Driving Cars?

PYMNTS

Last week, Waymo, Alphabet’s autonomous vehicle business, announced that completely driverless Waymo cars are on the way – at least for customers in the suburbs of Phoenix. The pilot involved residents of a planned community, which on the surface seems to be the opposite of Gen Z. And this is not a one-off.

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