Banking has never moved as quickly as the innovations that are reshaping it, and we’re in a time of insane technological advancement right now.
As the team at Teslar prepares for the upcoming Teslar User Conference (October 7-9), I thought I would share where we see the future of bank operations is headed, and how it impacts Teslar’s roadmap.
As the founder and leader of Teslar, I want to share how we’re positioning the company to address three major opportunities in banking and how our roadmap is designed to improve them: a modern LOS for consumer lending, next level integrations, and how AI is going to pull all this together.
I will post more on each item leading up to the user conference, but here is a preview:
Modern LOS for Consumer Lending
In my 26 years in banking, I’ve seen so many community banks give up on the consumers in their community, leaving consumer lending needs to credit unions and larger banks. I think it’s time we reverse that trajectory and push community banks back into their communities.
Next Level Integrations
Integration has always been one of banking’s toughest challenges. But over the past couple of years, major changes among providers have created the possibility for us to achieve large-scale, two-way integration with most major systems. For the first time in my career, it’s not a matter of if we can integrate, but which ones do we prioritize first.
Without two-way integration, the benefits of AI can’t fully reach bankers. Full integration (not just a file drop) is critical to ensure data flows seamlessly, enabling the AI-powered future of banking. At Teslar, we are wrapping up a large in-house project called TeslarSync to integrate across a lot of major systems.
AI Agents
AI is already changing everything, but community banks haven’t yet seen its full impact. We’re going to help change that.
Teslar is known for exceptions management, workflow systems, and operational excellence. Within the next year, these processes will be dramatically changed by AI that we’re building into Teslar. I believe the changes AI brings to bank operations will be similar to what we saw with Check 21: slow at first, then impossible to imagine going back to the old way.
Stay tuned to hear more about these items and if you are attending our user conference in a couple of weeks, prepare to see all of this in action.