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Banking Modernization to Prepare for a World of Fintech Ecosystems

Community Banks are a vital component of the US Banking and Financial services industry, accounting for nearly 97% of banks in the US; and account for <20% of overall assets and loans. The US banking industry comprises of ~5,300+ Credit Unions, with the market size of the Credit Unions industry expected to increase by 6.2% in 2022.

Growing margin pressures, intense competition, compliance issues, regulatory constraints and most importantly, legacy technology are among the key challenges faced by community banks and credit unions.

In a banking world where digital platforms, embedded finance, and Fintech ecosystems are gaining prominence, a modern core paired with next-gen digital solutions can offer the right tools for community banks and credit unions to play well and remain competitive. These institutions are realizing that the time is now to move faster, replace the ageing systems, and acquire advanced capabilities.

The webinar will discuss the key considerations of core modernization and digital tools, including benefits, approaches, use cases, and critical success factors that community banks and credit unions need to address as they embark on this transformation journey. To find out more, register now for the webinar.

On the panel are:
- Chris Cucci, SVP, Chief of Staff, Climate First Bank
- Narendra Mistry, Chief Product Officer – International Universal Banking, Finastra
- V Ramkumar, Senior Partner, Cedar Management Consulting (Moderator)

Jul 20, 2022 09:30 PM in India