Some newer online services can provide quicker, easier and potentially less costly integration with online banking systems than banks are accustomed to — but banks do not always want this.
Platform integration can often be a fraught process for banks, particularly when it affects core operations. In some cases, where large banks have been on acquisition tears, integrations have infamously taken years to complete because of the differences between the systems involved. Some vendors claim integrations can be handled in minutes with minimal updates in code, but experts say there is wisdom in taking a slower approach.
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