IBT Apps Blog

Evaluating core vendors? Start by meeting the right team. 

Feb 5, 2020 9:09:02 AM / by IBT Apps posted in vendor management

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Shopping for a new core involves so many details. The cost, the timeline, and even the vendor’s reputation can influence your purchasing decision, but there’s more to it. In fact, there are a few different layers to peel through to make sure you find the right core partner that fits your business needs. 

That’s why we created a great guide for community bankers with discussion points to lead conversations with new core vendors during the due diligence process. We won’t cover the entire list in this post, but will touch on one of the most critical items: meeting the entire vendor’s team prior to signing any contracts

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Top 3 Considerations for Evaluating a New Core Partner

Jan 21, 2020 10:24:00 AM / by IBT Apps posted in communitybanking, coreprocessingpartner

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The new year means new technology changes are just around the corner. As a banker, your core technology partner and the software they offer need to be positioned and forward thinking, so it can move with the wave and continue offering you technology that keeps you competitive. Let’s face it. Underperforming, deprecating core systems are no longer meeting your needs nor expectations, and a transition may be inevitable. The best laid plans involve evaluating your options for the long-term

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Independent Banker Article: Industry Visionaries with CEO Mark Dittman

Jan 13, 2020 9:00:00 AM / by IBT Apps posted in communitybanking, coreprocessingpartner, coreprocessing, community banking visionary, community banking leadership

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This article was previous published in Independent Banker magazine.

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Community Banking Success Starts at the Core

Jan 10, 2020 5:27:00 PM / by Megan Luna, Marketing Manager posted in communitybanking, coreprocessingpartner, communitybankingsuccess

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The success of a bank hinges largely on their relationship with their core partner. This is especially true for community bankers since the needs for each are specific to the demands of their business. For community bankers to retain market share in an ever-evolving market, it is essential for them to choose a core solution that is intuitive, and an active partner that is willing and able to do what they need to stay competitive.

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Keep Your Bank Safe in This Cyber Age

Nov 14, 2019 10:29:39 AM / by Mike Korthuis, CIO, CTO posted in communitybanking, compliance, cybersecurity

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Being in the financial services sector, we hear the term 'security' a lot.  We are required by regulators to have policies and practices in place to protect the data in which we are entrusted. The question we must ask ourselves is how we allocate the budget we have to defend ourselves against an adversary that has better resources and greater funds then we do.  The US government spends billions of dollars on security, and we hear stories of their data breaches on a regular basis. If scammers can breach even their highest security level, how do we do it with budgets that are a fraction of theirs? 

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Managing Third-Party Risk

Apr 24, 2019 1:22:08 PM / by Tom LeVasseur, Director of Compliance posted in communitybanking, coreprocessingpartner, communitybankingsuccess, compliance

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The Importance of a solid vendor management process

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