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In 1997, Mortgagebot was formed as the mortgage subsidiary of M&I Bank. The bank's consumer-direct system for taking mortgage applications was originally developed to enable M&I's mortgage business to take advantage of the growth of the Internet. [citation needed] In 2001, Mortgagebot was spun off from M&I Bank in a management-led buyout. [1]
D+H office in Markham, Ontario. D+H (originally Davis & Henderson) was a Canadian global payments and lending technology provider serving nearly 8,000 financial institutions, specialty lenders, community banks, credit unions, governments and corporations, including Canada's five largest banks. [3]
It acquired Mortgagebot [30] and ASSET Inc. in 2011, Avista Solutions in 2012, [31] Harland Financial Solutions [32] and Compushare in 2013, [31] and Fundtech (for $1.25b) in 2015. [33] In 2016, D+H added blockchain technology capabilities to its global payments platform. The added capabilities enabled banks that use its Global PAYplus services ...
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