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New coalition to ensure fair banking software deals for community FIs

June 17, 2016

A new alliance of US community banks, credit unions and other financial institutions – Golden Contract Coalition (GCC) – launches to stand up to IT providers.

GCC’s aim is to ensure fair market deals from the technology suppliers to its members.

“GCC is the first alliance of its kind where a group of like-minded institutions has the power to create huge waves in the financial industry,” states its founder, Aaron Silva.

Silva is president and CEO of Paladin fs, which specialises in contract negotiations between FIs and technology providers.

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