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Tax Attorney, Thompson & Associates
Mark Thompson
Tax Attorney, Thompson & Associates
Mark Thompson is a tax attorney with a focus on financial services, recognized for his insights on the regulatory landscape impacting banking operations.
Global Business / Economy
Is the Consolidation of Core Banking Vendors Creating a Single Point of Failure for the Entire Financial System Nobody Is Talking About?With the number of core banking systems down roughly 40% over the past decade, is the industry quietly building a single point of failure for the entire financial system? David McGuire and Lindsey Hart warn of cascading systemic risk, while Mark Thompson argues consolidation’s efficiency gains outweigh the danger — if regulation keeps pace.