VIDEO: How Smaller Credit Unions Can Modernize Their Core Banking Capabilities
Finastra’s VP, Product Management Pete Longo stopped by CUbroadcast to share his insights on how smaller financial institutions can modernize their core banking.
Pete explains how they are doing this, using the term “toll boothing” — as well as sharing what this modernization looks like exactly, relating it to a power strip to plug in when needed.
In addition, he discussed what this modernization means for a smaller financial institution, helping them better compete and better serve their audiences.
Lastly, Pete provided some advice for smaller FIs in looking for a core banking provider that will allow them to grow with the latest technology.