To kick things off for Season 4, I'd thought I'd interview someone peculiar. Aaron Silva and I got in touch in which he told me of a very unique story in the banking world, that people don't talk about. To put it bluntly, the oligopoly of the three large CBS (Core Banking System) providers in the United States, i.e. Jack Henry, FIS Global and Fiserv. Amongst these three giants, they pretty much dominate (read: control) the core banking system and allied services market in the US. So what's the problem? Well, they say the devil is in the details. 1000s of banks sign away these contracts with the big 3, not knowing what they have given up, as far as the freedom, flexibility and independence of purchasing these systems go and what happens to the ownership of the bank's data.Without any further delay, we will speak to Aaron Silva of Paladin FS to shed light on this very dark subject.Sponsors:Otter Labs www.hireotter.com- Hire great and inexpensive developer with staff augmentation through Otter.Redeeem https://redeeem.click/qdza- Redeeem is a decentralized peer-to-peer exchange that lets you save 15% or more on gift cards using Bitcoin and other cryptocurrencies.Learn more about your ad choices. Visit megaphone.fm/adchoices