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Acquire or Be Acquired 2023: Disruption ‘Comes Home’ to Banking

Gonzobanker

Digital Transformation – More Digital Than Transformative As bankers shared notes on recent technology investments, it is clear that there has been more digitization of how bankers already do business rather than a rethink of how to create a customer experience and operate the business with new tools and capabilities.

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Temenos to Acquire Kony: So What?

Gonzobanker

This deal looks good for Temenos, Kony and the banking industry clients of both firms. The digital banking market continues a long burn—this time like the smoke of a Texas summer barbecue. Geneva-based Temenos’ announced the acquisition of Austin, Texas-based digital application provider Kony in a deal totaling $580 million.

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Envel is the New Simple Bank (Fintech Startup of the Week)

Fintech Labs Insights

They have said they are working with BaaS provider Cambr and Q2 for digital banking technology. On the banking side, the startup is working StoneCastle for deposits and Kansas City-based nbkc bank to power banking services, including a soon-to-be-launched debit card.

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