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DCI Exec and Client Featured in Article on Bank Tech's Future

Article looks at the future of core banking technology in 2018 and beyond

HUTCHINSON, Kan., Jan. 5, 2018 /PRNewswire/ -- Data Center Inc. (DCI), the privately-owned developer of iCore360® core banking software and related technologies, was recently featured in a recent Banking Exchange magazine article on the outlook for core banking technologies in 2018 and beyond. 

Quoted in the article were DCI executive vice president Sarah Fankhauser and prominent DCI client Trey Maust, co-president/CEO of Lewis and Clark Bank in Portland, Ore. and recently appointed chairman of the Community Bankers Council for the American Bankers Association. 

The article looks at how bankers can navigate the quickening pace of digital banking technology to explore the options that are best suited for them without getting in over their heads or left behind. 

As Fankhauser is quoted in the article, "It used to be that when a customer moved away from their bank's market, they would open up an account in a new bank. Now, they can stay with their existing bank through digital channels. It's a great retention tool."

The article also includes cautionary notes about the impact of digitalization on banking, with Maust noting how he favors increasing the digital component in community banking but says, "I don't want a community bank to be completely digital. We have to continue to bring the relationship to the table." That sentiment pairs well with the unique distinction DCI holds in the industry of developing award-winning software technologies, while continuing to be privately owned by a group of its bank clients, with customers serving as the company's board of directors and user group leaders.

This relationship influences the company's technological advancements from a customer perspective, which DCI credits as one reason they consistently achieve near 100% satisfaction and contract renewal rates every year. 

The full article can be read here or at www.bankingexchange.com.

About DCI
DCI is the developer of the award-winning iCore360® core banking software and related technologies for community banks nationwide. DCI is privately owned by a group of bank clients, with several clients serving as board members and user group leaders. In addition to iCore360® (available hosted or in-house), DCI offers integrated solutions for Internet and mobile banking, private ATM network and card management, teller automation, remote capture, custom analysis, risk/vendor management, managed IT and more. Among other awards, DCI has previously been named a FinTech Rankings Top 100 technology provider by IDC Financial Insights, a FinTech Forward Top 100 technology provider by American Banker and BAI, a three-time winner of the BankNews Innovative Solutions Award and the exclusive core processing solution endorsed by the California Bankers Association. For more information about DCI, visit www.datacenterinc.com or contact [email protected].

20 W. 2nd Ave, Hutchinson, KS, 67501 – www.datacenterinc.com - 620.694.6800

Contact:
Mark Harris, VP, Marketing
(620) 694-6771

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SOURCE Data Center Inc.

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