row of core processors Source: Shutterstock.

Living in unprecedented times, as these days are, individuals and businesses alike have had to re-evaluate plans, goals and even daily routines. We’ve all heard the saying: “The only constant in life is change.” It certainly rings true in the uncertain era of COVID-19, where credit unions are impressively rising to the challenge of providing a sense of stability to their members. Adaptability is key, which means continually evolving your approach – and having a core system that not only enables but encourages innovation in your digital strategy. It is imperative now and into the future.

A credit union’s core platform is more than just the foundation for day-to-day operations – the core serves as the infrastructure for new capabilities. As credit unions strive to serve their members, individual organizations will develop their own unique approaches. A core’s open API, for instance, means there are no limits to third-party integrations. This open architecture allows the credit union the freedom to choose and seamlessly integrate the solution that best fits their unique needs, which includes incorporating new capabilities.

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