Community Banks Voice Frustration With Core Tech Providers
PYMNTS
APRIL 12, 2019
Community banks are voicing their frustration with what they say is a lack of competition in the market for corporate bank technology providers, reports in The Wall Street Journal said Thursday (April 11). One bank, New Jersey-based Millington Bank, would owe $4 million to FIS if it sold itself, the WSJ said, citing court documents.
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