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The Remedy Blog

Helping Financial Institutions Thrive.

Are Banks and CU’s “Required” to have a third party due diligence review of their vendor contracts?

By Remedy Consulting | Mar 6, 2019

We attended some interesting presentations last week at the Illinois Bankers Association. One in particular was called “The ISO’s guide to Third Party Oversight” by a company called CoNetrix. Sounds about as interesting as watching paint dry, doesn’t it? The initial reason we attended was to try to ensure that…

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Remedy Consulting at Illinois Bankers ONE Event

By Remedy Consulting | Mar 4, 2019

It was good to see some old friends, and make a few new ones at the Illinois Bankers ONE Event in Peoria last week! Great event, we learned a few things, taught a few things, met some new friends, and had some real laughs! Peter Kay

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Selecting a New Core Vendor on a Limited Budget

By Remedy Consulting | Feb 14, 2019

tricks and tips to manage a bank or credit union core vendor selection internally

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Is JHA Winning on Deconversion Fees?

By Remedy Consulting | Feb 6, 2019

http://ir.jackhenry.com/news-releases/news-release-details/jack-henry-associates-inc-reports-second-quarter-fiscal-2019 When reviewing Earnings Reports for Fiserv, FIS, and JHA , there is a lot to interpret, particularly when comparing previous year results. We’ll leave the deep analysis to the Wall Street Analysts and focus on one number: de-conversion fees. De-conversion fees are important to clients that are considering either…

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Fiserv to buy First Data- Is it time to update the Resume?

By Remedy Consulting | Feb 1, 2019

https://investor.firstdata.com/financial-news/2019/01-16-2019-120649159 It was just at the end of the Q3, 2017 that Fiserv acquired the Elan assets from US Bank. And now, roughly 90 days later, the First Data acquisition. Our Fiserv insiders tell us that individuals in their Payments area(s) are nervous. In recent years, Fiserv has become notorious…

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