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Core Unicorn Deals Rattling the Future of Financial Technology

Gonzobanker

The unicorns of core banking systems have been running wild the past few weeks, and these frothy deals signal a future shift in how executives should view the world of financial technology. This tech is also aimed to serve as the challenger bank or “sidecar” core offering for the digital subsidiaries of community and regional banks.

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Best practices for regional, community banks to create modern IT infrastructures

BankInovation

Emerging financial technology companies have built new services and offerings that place the customer experience front and center, providing a flexibility and speed that traditional banking institutions struggle to match. Fintechs are carving into the essence of what regional and community banks have done for generations, […]

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Charles Potts: Opportunities in the fintech landscape

Independent Banker

A convergence of economic and marketplace factors presents community banks with new opportunities for innovation and growth as they look to the new year. The fintech landscape is shifting. For community banks that have yet to start evaluating digital solutions and providers, now is the time to act. By Charles Potts, ICBA.

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Federal banking agencies issue guide for community banks on conducting due diligence on fintech companies

CFPB Monitor

The OCC, FDIC, and Federal Reserve Board have issued a guide that is intended to assist community banks in conducting due diligence when considering relationships with financial technology (fintech) companies (Guide). Banks are instructed to reference relevant guidance from the agencies that is listed in a footnote.

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Fintech Deals to Watch: Fall Festivities

Gonzobanker

Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Core: Core-n Mazes and Hayrides FIS acquired embedded finance provider Bond Financial Technologies and announced plans to spin off merchant solutions (to be named Worldpay ). Stripe raised Series I financing.

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SoftBank To Lead $125M Round For LATAM FinTech AlphaCredit

PYMNTS

AlphaCredit is a FinTech platform with a focus on consumer lending and finance solutions. It provides credit lines to individuals and has usually worked in communities without much access to banks. Latin America-based AlphaCredit has signed up for a funding round to raise $125 million, led by SoftBank’s Latin America fund.

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Fintech Deals to Watch: Back to School

Gonzobanker

Most fintech companies are fine, but they’ve stopped blowing off econ class for mimosa brunches. Especially in fintech, which had the roughest semester last spring. Fintech is still alive and well, Gonzobankers, and fintech deals are still happening. Banks Bought More Fintechs (Until Sum mer Break Started!).

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