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The BaaS Gold Rush is On

Gonzobanker

In this emerging landscape, financial institutions, often community banks, frequently “rent” their charter to financial technology firms (fintechs) that serve a specific consumer group as a means to grow non-interest income. infrastructure and the capacity to manage a BaaS strategy to significantly complement the core business.

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Can Open Banking and AI Help Us Manage At-Risk Customers?

FICO

Right now, there has never been a better time to plug into pre-emptive, automated and AI-driven customer management. Customer expectations had continued to skyrocket thanks to the services provided by tech giants and fintechs. The numbers are starting to reveal the scale of the debt tsunami. Source: OpenWrks.

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Top News In Payments: Paytm Secures $1B In New Funding; Olo Pilots BMW In-Car Ordering

PYMNTS

In a feature story, Rich Wessels, treasurer for transportation management and logistics firm Transplace explains the “chicken-and-egg” dilemma logistics firms face when looking at the potential benefits of AP automation. Does ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes?

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The 2022 GonzoBanker Awards

Gonzobanker

In 2021, there were more than 120 fintech IPOs in the U.S., 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. TD Bank Group Acquires First Horizon. Acquisition of the Year: Bank Acquiring a Fintech. Acquisition of the Year: Fintech Acquiring a Bank.

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It’s Dreadful Being a Buyer of Bank Technology

Gonzobanker

As technology buyers, banking executives need to up their game on tech purchases and technology performance management. In this structure, major players got really good at scaling for efficiency and financing and managing a portfolio of acquisitions. team focused on UX, data, integration, and risk.

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Watch 6 startups pitch in the “Entre x Pitch night NYC” Fintech Startup Competition

Fintech Labs Insights

Missed this fintech event from NYC-based entrepreneur network Entre in June (2020). The competition pitted six fintech companies against each other to win a bag of in-kind services (design, legal, etc). Each group ranked the pre-seed companies and the seed companies. Related: The 18 Fintech Startups in the 2020 INC 500.

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11 Commandments of Digital Banking: The Customer Journey

FICO

We are kicking off a series of 5 blog posts that take a deeper dive into these posts, grouping the 11 commandments into common themes. With increased competition from challengers and Fintechs, financial institutions need to approach digital transformation as an opportunity to build something fundamentally new. Make me feel safe.