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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. Bank execs looking to champion a BaaS initiative must find the balance between the traditional business case model and an innovative investment strategy to drive future growth.

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

Gonzobanker

Whether you are a community bank or a fintech provider, that makes sense. So many of Fiserv’s core clients are commercial community banks, and those banks (as well as credit unions getting into business services) need increasingly more help with business payments. Diversification versus Concentration.

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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. team focused on UX, data, integration, and risk. Community banks, regional players, and credit unions are all in the fight of their lifetime with the need to transform their business.

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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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Temenos to Acquire Kony: So What?

Gonzobanker

Still to be sorted out are overlaps between Infinity and Kony’s UI/UX assets. While growing outside the United States for many years and mopping up on the international core system competition, the U.S. market has been a hard row to hoe for Temenos.

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CBANC Launches New Features to Further Engage Network of Professionals

Fintech Labs Insights

CBANC , a network for community bank and credit union professionals, added a group of new features to its platform this week. CBANC incentivizes banks to share best practices and intellectual property and its member engagement has increased almost 4x year-over-year. New elements include: Leaderboard.

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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.