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Changes in the payment industry drive strategic sourcing decisions for banks

Leveraging strategic sourcing partnership to drive competitive position within payments.

Banks have a small window of opportunity in which to consolidate their payments position. Many will need to pursue strategic sourcing partnerships to continue to thrive in the payments environment, according to the World Payments Report 2007.

While early movers are already leveraging these partnerships to deliver the fuel needed for business growth, experience show that partnership skills have never been more important than today.

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