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Finovate Spring 2018 – Day 2

William Mills

A TON of really old technology is being used in mortgage lending. In fact, Fiserv recently sold ALL of their mortgage technology to a PE firm. HQ: Sunnyvale, CA. Synapse Financial Technologies, [link] @synapsefi. is headquartered in San Jose, CA. Except for the second gong of the day they did well.

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Payments and passports

Tomorrow's Transactions

If a British bank were to get a US banking passport this would presumably be equivalent to the implicit granting of a national bank charter and state regulators do not seem enthusiastic about the granting of more national bank charters. From OCC Grants New Charter to Fintech Firms — with Strings Attached | American Banker.