Two credit unions – one in Florida, the other in Minnesota – have announced they are switching core processors.
Celent reports that outdated systems and languages may drive increase in core processing replacements.
The $1.3 billion Phoenix credit union cites third-party integration, infrastructure in decision to change core processors.
Utah core processor wins business of $103 million Atlantic City FCU.
Members Choice helps core processor debut co-location offering.
The 152 credit unions running on an online version of the CU*BASE core processing are now being supported by a new server system.
With an agreement to acquire Harland Financial Services, Toronto's Davis + Henderson, aka D + H, has transformed itself into a player in the U.S. financial services scene.
The $39 million First Connecticut Credit Union in Wallingford, Conn., has converted to the FLEX core processing system.
Company is signaling growth over cuts.
Harland Clarke sells UltraData, LaserPro and MortgageBot, among others, to Canadian company for $1.2 billion.