Regulators who are not doing their job are the culprits not the
platform, my 2 cents.

On 5/2/09, Orlando Andico <[email protected]> wrote:
> well rural banks have such small revenue that they could not afford
>  even a unix-based core banking system such as Temenos, Ambit, or
>  iFlex..
>
>  that wasn't what i had in mind...
>
>  besides we shouldn't hold up rural banks as examples... it's that sort
>  of shoddy management that resulted in the Legacy scandal.
>
>
>  On Sat, May 2, 2009 at 9:46 AM, fooler mail <[email protected]> wrote:
>  ..
>
> > yup.. majority are rural banks... central bank required them to do a
>  > daily, weekly and monthly backup... submission of suspected money
>  > laundering clients monthly to central bank is done thru GPG... no
>  > fancy features needed for expensive commercial database...  and
>  > besides passbook is always there for disputes... so who cares anyway
>  > as majority said here...
>
>
>
>
>
> --
>  Orlando Andico
>  +63.2.976.8659 | +63.920.903.0335
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>
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