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While Generic Tech Companies Are On An Aggressive Acquisition Hunt, Bank Tech Companies Have Pulled Back
Core banking vendors no longer need to acquire other companies at their former rate.
PrivateBankcorp to Deploy FIS Item Processing Services
PrivateBancorp Inc., a Chicago-based bank holding company with 34 branches and $12 billion in assets, will outsource some of its item processing operation and upgrade to branch capture services, payments technology provider FIS announced.
Banking Isn't Out of the Woods Yet and the Custodians Have Run Out of Solutions
Who will solve banking's loss of revenue?
Is Technology At the Heart of BofA's Mortgage Woes?
Wall Street Journal today suggests that dual mortgage systems and faulty scanners have been largely to blame for Bank of America's mortgage foreclosure mess.
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