Consolidation drives data processing innovation

Much like, and perhaps in part driven by the consolidation in the banking industry, the number of core processor providers has dropped drastically in the last decade, even though the technological services are in higher demand than ever. A year ago, Vista Equity Partners paid more than $2 billion for D+H Corp., creating a $4.8 billion giant of a banking software provider. [Continue]

Business owner urges bank to help community impacted by disaster

It took only two hours for Lake Delton’s 700 million gallons of water to drain across a breached highway into the Wisconsin River. The calamity occurred after torrential rains in June of 2008 caused a dam to collapse. When the storm cleared, all that was left of the lake located just outside of the Wisconsin Dells was its muddy bottom. Without the lake, the area’s billion-dollar tourism industry was imperiled. [Continue]