Core Banking Platform Selection - Thread Bank has selected Fiserv's Finxact as its core banking platform to enhance its deposit and payments infrastructure [1][2] - The decision is driven by the need for a modern, real-time core that supports scalability and compliance [2][3] Partnership and Technology Integration - Thread is collaborating with Infinant to utilize its Interlace Platform, which will provide an embedded banking layer for Finxact's API core [2] - This integration will enable Thread and its customers to access and manage both embedded and core banking capabilities, including payment processing [2] Industry Challenges and Opportunities - Community banks, like Thread, face significant challenges from digital-first demands and competition from fintech platforms and larger financial institutions [3][4] - The modernization of banking technology is complicated by outdated core systems that limit data portability and integration capabilities [5]

Core Insights - PNC Bank has integrated its PINACLE Connect® platform with Oracle Fusion Cloud ERP, allowing corporate and commercial banking clients to access banking services seamlessly within the ERP system, enhancing financial operations and efficiency [1][3]. Group 1: Integration Benefits - The integration provides a streamlined banking experience, reducing the need for clients to switch between platforms for balance inquiries, payment initiation, and account reconciliation, thus automating manual processes and saving time [2][4]. - PNC's embedded services enable clients to manage their cash positions more effectively, allowing them to focus on business operations rather than manual financial tasks [3]. Group 2: Oracle Cloud ERP Capabilities - Oracle Cloud ERP offers a comprehensive suite of enterprise finance and operations capabilities, including financials, accounting, procurement, project management, and risk management, which are utilized by over 10,000 organizations [4]. - The integration with PNC's banking services is expected to enhance transaction speed and accuracy, leading to increased productivity, reduced costs, and improved financial controls for joint customers [4]. Group 3: PNC Treasury Management - PNC Treasury Management provides innovative technologies and experienced teams to help clients develop cohesive cash management systems tailored to their business needs [5].

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