Remove Community Bank Remove Company Remove Financial Technology Remove UX
article thumbnail

The BaaS Gold Rush is On

Gonzobanker

Early adopters are earning prestige while investors and a hoard of community banks explore the opportunity to tap into this new source of revenue. New Cornerstone research estimates that banks can realize as much as $25 billion in BaaS revenue over the next five years through partnerships with third-party technology companies.

article thumbnail

It’s Dreadful Being a Buyer of Bank Technology

Gonzobanker

For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. The suboptimal structure of the bank tech world today has several root causes: Bank functional requirements go wide and deep. team focused on UX, data, integration, and risk.

article thumbnail

The 2022 GonzoBanker Awards

Gonzobanker

In December, the founder and CEO of Crypto Exchange company FTX was arrested in the Bahamas (yah, don’t ask) and charged with fraud and conspiracy. Provident Financial Services, Inc. Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey.

Community 216