Open Solutions

Open Solutions Activity on LinkedIn

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  Open Solutions According to this recent article by Raddon Financial Group financial analyst, Marcus Rothaar, only 3% of social networking users have ever clicked on an ad from a financial institution. And yet, as more FI's incorporate Facebook into their marketing strategies, Facebook appears to be developing a payments strategy that may challenge FI's in the same way PayPal does. What do you think? Does Facebook pose a threat to your FI or do you see it as a tool to gain new customers?

  

  Facebook: Friend or Foe theraddonreport.com

  With last week’s arrival of the highly anticipated Facebook IPO, there are no shortage of pundits (and investors) offering their views on whether the social media giant will be the next tech boom (see Google’s IPO in 2004) or...

  18 hours ago
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  Open Solutions Investor's Business Daily recently interviewed Open Solutions Chairman and CEO, Louis Hernandez Jr., about crowd power and how by collaborating with new technologies - like www.DNAappstore.com - community-based financial institutions can better compete against larger rivals.

  

  Discussing Collaboration with IBD savingtheamericandream.org

  Collaboration can allow community-based financial institutions to compete against there larger counterparts, an insight I shared with Sonja Carberry, who writes Investor’s Business Daily‘s “Leaders & Success” column. For her...

  1 day ago
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  Open Solutions Check out this new DNAapp by Redstone Federal Credit Union. The Account Role Manager DNAapp streamlines the process of adding, changing or deleting a person or organization's roles for a list of deposit accounts. Click the link below for a free trial!

  

  Account Role Manager dnaappstore.com

  This DNAapp is a multiple screen application developed to simplify and streamline the operation of updating a person’s or organization’s roles for a list of deposit accounts (e.g. checking, savings, money market, etc). It...

  2 days ago
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  Open Solutions Is the branch dead? Check out the latest Raddon Report article by Raddon Financial Group's VP of Research & Development, Bill Handel, for his take and let us know your thoughts in the comments below!

  

  To Branch or Not to Branch theraddonreport.com

  We have received many thoughtful responses to our article A Call to Action. Many of those responses centered around the future of branching. With so many new delivery channels emerging over the past ten to fifteen years,...

  3 days ago
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  Open Solutions Credit Union Times recently featured an article on Redstone Federal Credit Union's new business group, the Redstone Consulting Group LLC, which will create and sell DNAapps on www.DNAappstore.com. Congratulations to Redstone and their continued success developing and selling DNAapps!

  Redstone to Market In-House Innovations cutimes.com

  First core system add on apps handle branch member communications and mobile signup at Alabama credit union.

  4 days ago
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  Open Solutions Join Bill Handel, Vice President of Research, on Tuesday, May 29, 2012 as he examines the issue of accelerating the growth in households, loans, deposits and financial relationships and the approaches that are being taken by the most successful organizations to grow relationships with both new and existing customers.

  Growth in a Low Growth Environment theraddonreport.com

  7 days ago
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  Open Solutions New DNAapp - Collateral Protection Insurance Import. This DNApp offers a Collateral Protection Insurance (CPI) premium processing module for loan Accounts. Premium and refunds transactions can be posted on accounts regardless of payment type. Accounts with a payment type of Fixed Due-Calc Interest on Pmt (FDUE) or Fixed Principal and Interest (FBI) can have premium and refund transaction activity trigger payment recalculations. This DNAapp will offer the import process for following Vendors: State National CUNA Mutual Southwest Business Corporation (SWBC)

  

  Collateral Protection Insurance Import dnaappstore.com

  This DNApp offers a Collateral Protection Insurance (CPI) premium processing module for loan Accounts. Premium and refunds transactions can be posted on accounts regardless of payment type. Accounts with a payment type of Fixed...

  11 days ago
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  Open Solutions Check out this excellent article by Bill Handel, Raddon's VP of Research and Product Development, about the challenges facing community banks and credit unions and what is needed to overcome them. Do you agree with Bill's take on our current situation?

  

  A Call to Action theraddonreport.com

  Despite the litany of challenges we face as an industry, I remain optimistic. I believe the future can be bright for those who can and do adapt. However, it's going to take an effort to overcome the challenges that are readily...

  14 days ago
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  Open Solutions Join Fabio Biasella, Raddon Financial Group's Vice President of Strategic Advisory Services, on Thursday, May 24, 2012 as he explores the latest research on Gen Y and other generational groups and seeks to unlock the potential that this group has to offer to the financial services industry.

  

  Generational Impact on Banking theraddonreport.com

  14 days ago
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  Open Solutions Thank you to everyone who attended our Saving the American Dream rally at Client Conference this year. Check out the video below and share it with your friends - it's important that everyone knows how vital community-based financial institutions are to the success of Main Street America.

  

  Rally in Orlando – April 17, 2012 savingtheamericandream.org

  On April 17, we held our first rally to Save the American Dream in Orlando, Fla.  We are teaming up with leaders of community banks, credit unions and local businesses from across the U.S. to bring the American Dream back to...

  15 days ago

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