Anyone who has worked in a bank or credit union IT department knows a couple of truths are threaded through every technology adoption decision. Any new solution should be more secure than the last. Every solution needs to do more with less $ (or at least the same). As an industry, financial services organizations are
As security threats increase and regulations continue to change, the IT departments of banks and credit unions find themselves constantly playing catch up. And while these are very real threats to the business, IT professionals in a typical bank or CU will tell you that budgets aren’t exactly increasing year to year. Tech updates are
In boxing, the tale of the tape is a term that refers to the measurements taken before a fight begins. It is used to ‘size up’ the competitors by things like their weight, reach and height. While not an exact science, these stats give viewers a sense of who may be dominant in a fight.
Connectivity solutions will be increasingly challenged to implement the most advanced security. Enterprise scale banks can produce enterprise scale APIs but community financial institutions must rely on different methods, frequently to several vendors at a time.