Remove Fintech Remove Innovation Remove Lending Remove Phoenix
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Community Banks Accelerate FinTech Integrations

PYMNTS

This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings. Build, buy or partner? Finastra Chosen by Community FI. Faster Payments scheme.

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

Gonzobanker

While AOBA provides a fertile forum for buyers and potential sellers in the bank M&A space to commensurate, the crowd uses this valuable face time to also delve into discussions about the economy, strategic growth, fintech innovation, competition, and talent wars.

Arizona 145
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Scottsdale Community Bank: Making microloans

Independent Banker

George Weisz, Scottsdale Community Bank But for all its embrace of technology, the community bank took its inspiration for an innovative lending program from an old-school tradition: kids’ lemonade stands. Expanding the lemonade stand Something So Worth It—a nonprofit organization in Phoenix, Ariz.,

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Renaud Laplanche’s Second Act

PYMNTS

Which leads to the interesting case of Renaud Laplanche, the co-founder and former CEO of Lending Club and the co-founder and current CEO of online lender Upgrade. Both Lending Club and Laplanche are currently facing shareholder litigation that claims they concealed material weaknesses in the online lender’s ability to monitor its operations.

Lending 122
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Finastra Acquires Mobile Banking Provider Malauzai

PYMNTS

Finastra , the FinTech company, announced Monday (June 18) that it has acquired Malauzai , a provider of mobile and internet banking solutions for community financial institutions (FIs). Together, our two companies deliver a fully integrated open core platform for payments, lending and digital, across Finastra’s 4,500-strong U.S.-based

Mobile 100
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D+H Sells to Vista: Vendors and the Chasm of Mistrust

Gonzobanker

D+H (and before, Harland) promised integrated loan and core systems and specialized credit union functionality in the Phoenix EFE core. The buyer might be an established core player, or it might be a lending competitor of D+H that wants a core anchor. The Phoenix EFE core has a Microsoft-based architecture with legs.

Phoenix 60
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D&H Sells to Vista: Vendors and the Chasm of Mistrust

Gonzobanker

D&H (and before, Harland) promised integrated loan and core systems and specialized credit union functionality in the Phoenix EFE core. The buyer might be an established core player, or it might be a lending competitor of D+H that wants a core anchor. The Phoenix EFE core has a Microsoft-based architecture with legs.

Phoenix 60