PYMNTS

NOVEMBER 1, 2018

Or, as a recent CNBC article put it, quoting a source, “a mass extinction event.”. The ongoing struggle, supposedly existential in nature, that pits upstart, relatively young FinTech firms against arrogantly complacent banks for supremacy in this new and growing world of digital payments and commerce. Trust in Banks.

Fintech 191

Fintech UX Mobile FDIC 191

Gonzobanker

JANUARY 25, 2019

Fiserv acquiring First Data Corporation is a huge deal in the fintech world. Twenty-two billion dollars is a monster-size deal, but at 2X First Data’s annual revenue, the price is a way lower revenue multiple than the growth-oriented digital mashups lining up in the market. Diversification versus Concentration. So, put the coffee on.

Data 128

Data Fintech Community Bank UX 128

Gonzobanker

SEPTEMBER 10, 2019

This deal looks good for Temenos, Kony and the banking industry clients of both firms. The digital banking market continues a long burn—this time like the smoke of a Texas summer barbecue. Geneva-based Temenos’ announced the acquisition of Austin, Texas-based digital application provider Kony in a deal totaling $580 million.

United States 89

United States Texas Austin Kansas City 89

Fintech Labs Insights

MARCH 4, 2020

The first pure-play digital bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. But unlike ecommerce, digital-only banking was slow to catch on. Under that definition, PayPal is a business “bank” as is Square and Amazon. Articles (past 2 years): 8 (2 ’20, 6 ’19, 1 ’18).

Digital Banking 15

Digital Banking San Francisco UX Austin 15

Gonzobanker

DECEMBER 20, 2019

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. The Ecosystem Award – Goes to Partners Credit Union for its collaborative member experience work with digital banking vendor Kony (now part of Temenos).

Idaho 148

Idaho Conference Data Marketing 148