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The financial Modernization Act passed in 1999 to create open banking in the U.S. has given insurance and financial services companies the marketing opportunity of a lifetime. The fruits of the legislation are being seen in a wave of consolidations. “Until 1998 we were the only industrialized nation that did not have open banking policies,” said Ed Carpenter, chairman of Carpenter
If you enjoyed this post, make sure you subscribe to my RSS feed!Special Report: Insurance and Employee Benefits What the banking overhaul means to insurance
Posted by gary on April 25th, 2010
Posted in Business Insurance 
