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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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Ag lending outlook & top challenges

Abrigo

As farmers adjust their credit needs in response, banks with a higher share of agricultural loan activity (“ag banks”) may see demand for loans increase,” Kansas City Fed economist Francisco Scott said in a recent research report. Department of Agriculture projects a 4.5% Now is the time for ag lenders to find talent.

Lending 195
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Congress Presses Fed On Real-Time Payments Plan

PYMNTS

Despite some previous pushback, the Fed, represented by Federal Reserve Bank of Kansas City President and Chief Executive Officer Esther L. This mirrors our ACH system, which has two operators,” she noted. “To House Committee on Financial Services Task Force on Financial Technology held a hearing Thursday (Sept.

Payments 174
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The top-performing community banks of 2021

Independent Banker

Central Bank of Kansas City. Kansas City. The community bank uses the Entrepreneurial Operating System, commonly known as EOS Traction, to keep departmental efforts aligned. Michael Bartkoski, executive vice president and chief operating officer, NBKC Bank. One American Bank. Sioux Falls. Magnolia Bank, Inc.

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

Fintech Labs Insights

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. References: Fintech Futures overview (22 Sep 2020) Envel press release (17 Sep 2020). Related: Changes to The 21st Century Fintech Unicorn List (Sep 2020).

Fintech 15
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Temenos to Acquire Kony: So What?

Gonzobanker

Any overlaps between Akcelerant in loan operations and Avoka in sales/origination appear to have been sorted out in the Infinity product line. Besides other industries, has anyone else noticed that 80% of the major digital banking fintech provider HQs are in Texas? This is yet another fintech deal to watch. So we aren’t always.

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Ant Financial Acquires EyeVerify

Fintech Labs Insights

Terms of the deal were not disclosed, but EyeVerify will remain in operation as a wholly-owned subsidiary of Ant Financial Services and will remain headquartered in Kansas City, Missouri. More recently, EyeVerify demoed its technology here in the U.S.