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Core Unicorn Deals Rattling the Future of Financial Technology

Gonzobanker

Bank executives should take these new deals’ valuations as a sign that the free market sees the future of finance as unbundled from the traditional industry structure. Let’s be clear Gonzobankers, these deals are NOT about massive numbers of bank core replacements. Let’s take a closer look at each deal: Finxact Goes To Fiserv.

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Guest Post: 2nd Quarter 2022 Financial Markets and Economic Update by Dorothy Jaworski and Sam Weller

Jeff For Banks

Covid-19 lockdowns in China have cut production of goods and ships are again lined up off the coast of China, meaning long delays in getting products to the US. Supply chain issues are the main culprit behind the huge inflation, and only now is demand beginning to fall to more normal levels. per gallon and a gallon of gas was only $0.86.

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The 2022 GonzoBanker Awards

Gonzobanker

All of you with your hands up… … uh huh. It would have required a few trips to the local dispensary to dream up what bankers have endured this year. Financial institutions that relied on mortgage banking fee income as a key earnings component have been left to make big adjustments. OK, show of hands. Pull ’em down.

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The 2023 GonzoBanker Awards

Gonzobanker

The housing industry, and mortgage banking revenue, came to a stop. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet. Employees are back to work. Or maybe two or three days a week. We are in awe.

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