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Bank Technology News, June, 2008
“They couldn’t charge enough to keep the airplanes in the sky.”
-Bob Steen, CEO of Bridge Community Bank, on why the Fed accelerated its downsizing of check-processing centers in favor of check imaging.
“Trying to create another silo is not the answer.”
-Susan Feinberg, research director at TowerGroup, on why pure-play supply chain finance companies should be absorbed by larger financial institutions to create a more integrated wholesale solution.
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