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Fiserv to buy First Data – the biggest fintech deal of 2019

Gonzobanker

Whether you are a community bank or a fintech provider, that makes sense. So many of Fiserv’s core clients are commercial community banks, and those banks (as well as credit unions getting into business services) need increasingly more help with business payments. Diversification versus Concentration.

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Temenos to Acquire Kony: So What?

Gonzobanker

While the Commerce implementation is still in progress, signings of Varo Bank and PayPal followed as well as the 2018 acquisition of high-end origination provider Avoka. Still to be sorted out are overlaps between Infinity and Kony’s UI/UX assets. This third U.S. launch effort appears to be on a solid pace. In this round, U.S.