Community Banks Voice Frustration With Core Tech Providers
PYMNTS
APRIL 12, 2019
Companies including Fiserv, Fidelity National Information Services (FIS) and Jack Henry & Associates control the majority of the core banking services market, linking financial institutions and FinTechs to infrastructure to run their own banking operations. ” Fiserv, FIS and Jack Henry have secured 90 percent of U.S.
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