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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. While customer relationships are being redefined by fintechs, there will always be a place for community banking. Early leaders like Coastal Community Bank in Everett, Wash.,

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

Gonzobanker

This deal impacts not just the payments space but the whole financial services ecosystem, and the implications will take a while to unpack. Whether you are a community bank or a fintech provider, that makes sense. Yet, this diversification gets Fiserv into more of the business/merchant side of payments.

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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. 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.

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Top Social Media Trends to Pay Attention to for Financial Brands

Social Assurance

This new digital storefront simplifies how companies can build an eCommerce business and quickly build a digital shopfront, with access to payment tools. The larger potential disruptor for financial brands is Facebook’s payment tool, known as Facebook Pay. That equates to a $300 billion opportunity for payment providers.

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Top Social Media Trends to Pay Attention to for Financial Brand

Social Assurance

This new digital storefront simplifies how companies can build an eCommerce business and quickly build a digital shopfront, with access to payment tools. The larger potential disruptor for financial brands is Facebook’s payment tool, known as Facebook Pay. That equates to a $300 billion opportunity for payment providers.

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The 2019 GonzoBanker Awards

Gonzobanker

. ————————————————————————— The ‘En Vogue’ Trend of the Year – Credit unions buying community banks. Accounts that maintain an average balance of at least $10,000 get paid higher rates.

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The 2022 GonzoBanker Awards

Gonzobanker

TD has been a player that maintained its acquired market share so we are hoping this one doesn’t get messed up like other Canadian banks that have struggled in the Southwest. Acquisition of the Year: Bank Acquiring a Fintech. Acquisition of the Year: Fintech Acquiring a Bank. Core System Deal of the Year: Bank.

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