There are numerous misconceptions and assumptions about modern core technology. Many stem from bad experiences with a bank's core provider and from preconceived notions that modern core technology too expensive and laborious for the return on investment. Unfortunately, having these negative responses only cause banks to fall behind when it comes to innovation and staying competitive in the industry.
In this ebook, we identify some of the most common misconceptions about core banking technology and discuss why they’re misleading bankers and stifling growth. Additionally, we provide truths and transparency to educate community bankers and, most importantly, to set the record straight on core technology and core vendors.