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

Gonzobanker

Taken in total with the recent Elan acquisition and the lending spin-off with Warburg Pincus to what became Sagent Lending Technologies, Fiserv may be diversifying within payments on the First Data deal, but at the same time, it’s getting more concentrated in payments as a part of its overall mix. Diversification versus Concentration.

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Temenos to Acquire Kony: So What?

Gonzobanker

Still to be sorted out are overlaps between Infinity and Kony’s UI/UX assets. If the Kony acquisition is similar to Akcelerant and Avoka acquisitions thus far, disruption at Kony should be manageable. Shout out to Quintin Sykes for his input to this article. . So we aren’t always. negbombers. appeared first on Gonzobanker.

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The 2019 GonzoBanker Awards

Gonzobanker

billion of assets under management. Hats off the Schools Financial’s board and management for acknowledging that even multi-billion dollar credit unions can drive value via merging with someone bigger. We salute CEO Frank Weidner, CIO David Mason and Strategic Insights Manager Mike Lindberg for taking this big strategic step.

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