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The BaaS Gold Rush is On

Gonzobanker

As the collision of traditional banking and fintech continues, there will be more competition and more innovative banking solutions due to the increasing number of actors seeking defensible niches and operational scale. As the gold rush period shakes out, Cornerstone predicts only one in five banks will have a strong enough I.T.

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The Rise Of ‘Intelligent Engagement’ In Corporate Banking

PYMNTS

And while the headlines may focus on the battle for the individual consumer’s share of wallet, banks are facing an increasingly competitive environment when it comes to getting — and, of course, keeping — corporate clients. He also noted that the digitization of payments has been slowed a bit by a stubborn adherence to the paper check.

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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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Finovate Debuts: Innofis Enhances the UX for Banks and Customers

Fintech Labs Insights

That’s the driving factor behind Innofis , a company that furnishes a suite of digital banking tools providing a beautiful user experience for both bankers and their customers. In 2012, the company saw an opportunity in offering digital banking services. >3 million digital end customers (retail & corporate).

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IBM Acquires Red Hat: So What?

Gonzobanker

These innovative thinkers are taking the initial thoughts from everything in the cloud to perhaps a more realistic (but still to be proven) hybrid model where “compute anywhere” mixes local and cloud-based resources. Many companies use CentOS as an OS for local and Web-based computing resources. Oracle “Unbreakable” Linux.

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The 25 Most Absurd Job Titles In Tech

CB Insights

As of this publication, LinkedIn showed active listings for a UX design alchemist at Critical TechWorks and a product and solutions development alchemist at Together Abroad. The pet e-commerce startup Chewy is currently hiring for a time ninja, aka a time/attendance human resources coordinator. Happiness Manager. Time Ninja.

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Fintech Labs Launches Space for Small Businesses to Connect with Digital Financial Services (Banks, Lenders, Insurers, Payment Processors, Accounting)

Fintech Labs Insights

After running a small(ish) business for nearly 30 years, we have plenty of first-hand experience on the pros and cons of SMB financial management software ( see Note 1 for the products we’ve used ). Cards : Currently, 16 startups offer charge cards (or credit cards) and business expense management services in the United States.

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