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Viewpoint: Get Your Payments Channels Together

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With many banks still reliant on legacy systems, the industry should consider payments solutions that can accommodate legacy technology such as checks as well as emerging technology.

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The $25 billion mortgage robo-signing settlement is:
Political extortion from the banks in an election year
A slap on the wrist — the banks put reserves away for this long ago, they won't even feel it
A source of relief for both banks and homeowners that could help the housing market and economy recover
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