Generative AI can be used to reduce the time and cost of modernizing legacy core systems, according to consultants at large firms like Accenture and McKinsey. Processing Content Applying generative AI ...

Whether dealing with changing regulations or effectively implementing digital financial solutions, banking organizations have revamped everything with technology according to the customer’s ...

XYB, the Coreless Banking Platform business, has announced its plans to help banks enhance their core systems. XYB is working with global tech leader IBM to provide technologies and consulting ...

Regions Financial in Birmingham, Alabama, is reassigning members of its executive team as it sets the stage to replace its core operating systems. Scott Peters, who has been leading the bank’s ...

Core banking systems, the engine that powers bank operations, have been changing to adapt towards the wider modernization sweeping the financial services sector. Private equity firm Nordic Capital ...

From a Core Banking solution (CBS) with modules for different business lines comprising of deposits, lending, payments, trade which was integrated in the late 1990s through 2000s, focus has shifted to ...