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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. For executives wanting to develop a winning strategy, here are six key strategic takeaways to help banks successfully launch a BaaS strategy : 1.

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The 2022 GonzoBanker Awards

Gonzobanker

In 2021, there were more than 120 fintech IPOs in the U.S., 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. Acquisition of the Year: Bank Acquiring a Fintech. Acquisition of the Year: Fintech Acquiring a Bank.

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Who Owns Digital? Ugh, That’s the Problem for Bankers

Gonzobanker

Bank executives are coming to understand that in today’s world, the customer experience (CX) is the product, although not all have made a serious commitment to address newfound competition. The bottom line is this: most banks lack the true management leadership and operating disciplines necessary to execute successfully on digital.

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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. This technical friction causes initiatives to slow and allows less room for innovators to deliver new value. team focused on UX, data, integration, and risk.

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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. This group is known to be pretty adaptive and innovative, so prepare to test the agile skills. Besides other industries, has anyone else noticed that 80% of the major digital banking fintech provider HQs are in Texas? So we aren’t always.

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The 2019 GonzoBanker Awards

Gonzobanker

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. Sure, we know it’s cliche to point out the merits of this direct banking powerhouse, but the plain fact is that USAA nails every variable in building a Smarter Bank. Well done, sir!

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Q2 Leverages MX Technology to Launch Contextual PFM

Fintech Labs Insights

With the “always-on aggregation” and UX/UI of MX , the newly-launched Contextual PFM from Q2 is designed to make actionable financial insights a part of every customer’s mobile banking routine. This is in addition to the role the solution provides in helping customers become better banking consumers.