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Temenos to Acquire Kony: So What?

Gonzobanker

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.

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The 14 Biggest Payments & Card Industry Conferences & Events in 2023

Fintech Labs Insights

Payments UX: Zelle Confuses

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Top U.S. Digital Banks for Small Businesses

Fintech Labs Insights

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. HQ: Austin, TX. Source: CB Insights.

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Does ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes?

PYMNTS

Google’s expertise is in UX design,” he noted. “By Consumers largely understand (and are okay with) how that data is used to serve up recommendations for flights from Chicago to Austin or home remodelers in Baltimore.

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Fintech Fundings: 21 Companies Raise $260 Million Week Ending Feb 12

Fintech Labs Insights

Digital banking app. HQ: Austin, Texas. Tags: B2B, consumer, compliance, sales, on-boarding, UX, Silicon Valley Bank (lender). Online stock brokerage. Latest round: $4 million Series A. Total raised: $4 million. HQ: Mumbai, India. Source: Crunchbase. Latest round: $3.5 Total raised: $5.3 Source: Crunchbase.

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