CU 2.0 Podcast Episode 224 Peter Maher Open Banking Solutions On Why They Are Offering A Free Core system

 Free. That's a price you don't hear for a core system - particularly not one with over 100 installations globally and with a pedigree that includes executives who played central roles in bringing the DNA core to market and that core today is integral to Fiserv's product line.<br/><br/>The company is Open Banking Solutions and you haven't heard of it or its core because its cloud-based core is in use in much of Latin America.  Now it is coming to the US.<br/><br/>Also in the product mix is mobile first digital banking, an automated collections tool, and business intelligence and reporting tools.<br/><br/>Peter Maher, chief commercial officer, added that the company's target market are credit unions between $50 million and $500 million in asset size.<br/><br/>The reason? Many of those institutions are stuck using outdated cores that just don't let these credit unions keep pace with market needs.<br/><br/>He insisted the Open Banking Solutions' product suite is exactly the fix those credit unions need.<br/><br/>Keep in mind, too, that these tools - developed in Latin American markets - are effortlessly bilingual, Spanish and English.<br/><br/>And now the company is looking for a credit union or two to pilot the debut of the core in the US market.  Maher tells what they are looking for in the podcast.<br/><br/>Listen up.<br/><br/>Like what you are hearing? Find out how you can help sponsor this podcast here.<br/><br/>Very affordable sponsorship packages are available. Email rjmcgarvey@gmail.com<br/><br/>And like this podcast on whatever service you use to stream it. That matters.<br/><br/>Find out more about CU2.0 and the digital transformation of credit unions here. It's a journey every credit union needs to take. Pronto