Kirk Drake

Core War Battlefield So Far Produces No Clear Victor

By Robert McGarvey | May 8, 2013

Somebody is winning. Somebody is losing. Just don’t expect an easy to decipher who will win the battle in this update on the credit union core systems war.
CUSOs Bid for Higher Profile

By Michelle A. Samaad | March 6, 2013

At CUNA’s Governmental Affairs Conference last week in Washington, dozens of CUSOs set out to make their presence felt and their voices heard.
Threat of the Week: DDoS Becoming an Expensive Fact of Life

By Robert McGarvey | March 4, 2013

As takedowns resume, the industry considers its options: Respond or not respond? Meanwhile, vendors seek to make response affordable.
CUSOs Look to GAC to Step Out of the ‘Vendor’ Category

By Michelle A. Samaad | February 19, 2013

Kirk Drake, president/CEO of Ongoing Operations LLC, is looking to CUNA’s conference next week as a way to play up what CUSOs are, aren't.
Tech Firm Consolidations Driven by Due Diligence, Penny Pinching

By Robert McGarvey | February 13, 2013

Big banking tech companies recently have been hungrily gobbling up smaller companies and the question is, Will this consolidation continue? The other question, Is this good, or bad, for credit unions?
Innovation, Choice Possible Casualties in Fiserv Buy of Open Solutions

By Kirk Drake | January 22, 2013

Market consolidation of core processing companies is not a good thing for credit unions.
Fiserv Takeover of Open Solutions Good or Bad For Credit Unions?

By Marc Rapport | January 16, 2013

Reaction varied to the news that the Wisconsin-based financial services technology giant had scooped up its debt-ridden former rival.
Municipal CU Vows Amends After Sandy Snafus

By Peter Strozniak | December 5, 2012

To understand what the aftermath of a disaster like Hurricane Sandy can do to a credit union look no further than the $1.8 billion Municipal Credit Union. In the difficult days following the super storm, MCU members became increasingly frustrated and furious, sharply criticizing the New York credit union for...
5 Lessons From Hurricane Sandy’s Aftermath

By Peter Strozniak | November 26, 2012

Experts discuss lessons from MCU’s issues. MCU President/CEO Kam Wong discusses what his credit union has learned not to do next time.
5 Lessons From Hurricane Sandy’s Aftermath

By Peter Strozniak | November 26, 2012

Experts discuss lessons from MCU’s issues. MCU President/CEO Kam Wong discusses what his credit union has learned not to do next time.