Core10 Insights

Community banks who want to make faster and smarter lending decisions, drive efficiency in their back-office processes, and improve customer satisfaction are implementing digital transformation by enabling API platforms.

Topics: core banking, APIs, banking, Development, integrations, Services

One of the major themes of this year has been disruption. Whether driven by competition from non-banks and challenger banks, demand for the newest products, or behavioral changes from the pandemic, most banks have launched digital transformation initiatives.

Topics: APIs, banking, Development, integrations, Services

Have you ever looked at a project, known that it needs to get done, but just not want to tackle it yourself?

Let me give you an example.

Topics: APIs, banking, Development, Ellie Mae, Services, outsource, staff augmentation, Plaid, Constellation

When I was a kid, one of the two hinges broke off of my toilet seat.

As any inquisitive person would, I checked to see if I could fix it. Though I used all my knowledge of Legos and basic hardware, I quickly realized I was incapable of turning my now multi-directional toilet seat back to its original design.

So, I asked my dad for help. I knew what was wrong, had an educated guess on how to fix it, but needed some outside help to get the job done. Together, we put our best effort into the job. Let's just say the results were dicey and included dusct tape.

Eventually, the real expert in our family (my mother) intervened and called the plumber. I’ll never forget the joy I felt coming home from school one day to a non-duct taped, fully functioning toilet seat!

Fast forward to today. Sadly, I’ve seen companies try to make all three of the above work.

I know what you’re thinking and no, I’m not talking about fixing the office toilet.

When faced with an opportunity to grow and improve your business, do you handle projects in-house, augment your internal team with additional resources, or outsource the work entirely to a specialist?

There are pros and cons to all three, especially when you are looking to tackle an integration or implementation project at your company. Let’s dive in and review your options.

Topics: Development, Services, staff augmentation, project based

The great bassist, Robert Trujillo, once said, “As long as there is communication, everything can be solved.” It is then safe to assume that a lack of communication can lead to frustration and even ruin.

Topics: Development, integrations, tech, data integrations

 

Article written by Elizabeth Sanger.

For those with even peripheral exposure to the language of web development, the term “web component” likely has some resonance. The modern web is increasingly reliant on component-driven architectures, including popular frameworks like React and Angular, both of which derive much of their utility by leveraging declarative HTML via encapsulated and reusable components. However, “pure” web components, while by no means incompatible with the components used by web frameworks like Angular and React, are slightly different.

Topics: #featured, fintech, Development, featured, pure web components, tech

Article written by Elizabeth Sanger, a software developer at Core10.

Angular Versus AngularJS

Although arguably the most popular and widely understood modern web framework, Angular can still challenge anyone attempting to keep up with its nomenclature, much less make informed business decisions around its various iterations. Even seasoned development teams can stall when determining which version to use or when to update.

Topics: Angular, AngularJS, Development, featured, Services, Talent

Article written by Vinicius Morais.

APIs, or Application Programming Interfaces, are a way to integrate systems, enable benefits such as data security, ease exchange of information between different programming languages, and monetize access to valuable data.

APIs provide the integration between distinct systems in an agile and secure way. The possibilities provided by the use of APIs allows the connection of heterogeneous technologies, such as different databases, programming languages or operating systems. Also, one can make application-specific features and tools available to others with ease.

Topics: fintech, APIs, Development, featured, Open Banking, Services

Article written by Elizabeth Sanger, a software developer at Core10.

To the extent that consumer banking solutions are digitizing, one area remains particularly ripe for development: loan origination, specifically mortgage lending.

Topics: Encompass, Development, Ellie Mae, featured, ProSelect, Services, Loan

Fiserv is spending $22 billion to acquire First Data in a deal to build Fintech scale. What does this mean for Fiserv’s core banking clients? While they’re likely to benefit from the combination of financial technology and payment processing giants in the long run, in the short term many banks and credit unions are worried that disruption is likely to result from the massive integration and cost-cutting effort the two firms will be embarking on.

Topics: core banking, fintech, banking, Development, featured, integrations, Services