-
Description
Artificial Intelligence is embedded into the strategies of every major core vendor. The Big 5 (Fiserv, Jack Henry, FIS, CSI and Corelation) are applying AI within their platforms. ICI has dozens of clients signing Core Modernization and AI contracts. Some banks and credit unions want to implement these solutions in the near term; others want to position their financial institution for future technology implementations with “out clauses” should they decide to implement other solutions.
The webcast will offer an insider perspective on how each vendor is approaching AI and Core Modernization. ICI will elaborate on the opportunities and limitations that exist and what financial institutions should be asking before signing vendor contracts. Beyond the promises of efficiency and insight, we will explore adoption risks, embedded biases and the practical realities of AI in core banking.Webcast Attendees will learn:
- How are the Big 5 core vendors actually applying AI today and what is real vs. vaporware?
- Which vendors offering Core Modernization and AI are signing up banks and credit unions and which solutions are still on the drawing board?
- How do vendor AI strategies impact contract negotiations, pricing and long-term alignment?
- Where are the most significant opportunities for efficiency, cost savings, fraud detection, and improved customer /member experiences with AI?
- What questions should financial institutions be asking vendors about their AI roadmaps and integration plans?
Audience
This session is appropriate for Bank and Credit Union Executives who are responsible for Core Processing, Ancillary Systems, Back Office Management and Strategy groups.
Danelle is a financial industry executive with more than 30 years in the community banking and financial services industry. Prior to joining ICI, Danelle spent 25 years at Fiserv in a variety of roles, driving strategy and growth within the community core banking segment. In her most recent position as General Manager/Community Banks, Danelle was responsible for 1600 financial institution clients across three different core platforms. She is known for challenging the status quo and prioritizing stewardship resulting in successful banking relationships. Danelle is an accomplished strategic leader, experienced public speaker and skilled negotiator.
