Post Tagged with: "SunGard"

SunGard Acquisition Makes FIS the Beast of Fintech

SunGard Acquisition Makes FIS the Beast of Fintech

by August 12, 2015 at 10:43 am 3 comments

Meet the new King of the Fintech Hill: FIS. Today, FIS effectively became the largest financial services technology company in the world by revenue, as it agreed to acquire SunGard for $9.1 billion. Just consider these stats for the new FIS: $9.2 billion of pro forma revenue (FY 2014); 90%Read More

Xignite APIs Now Powering +50 FinTech Ventures

Xignite APIs Now Powering +50 FinTech Ventures

by February 11, 2015 at 11:55 am 2 comments

APIs from Xignite, which provides back-end data integration much as Stripe provides payments integration, are powering, well, a lot of financial services ventures. Today, blogger Jim Bruene (@netbanker) tweeted that Xignite APIs are used by 40 startups that have previously presented at Finovate. Xignite lists a total of 55 companiesRead More

Mambu to Introduce Cloud-based Banking Platform at Finovate Asia Tomorrow

Mambu to Introduce Cloud-based Banking Platform at Finovate Asia Tomorrow

by November 12, 2013 at 11:26 am 2 comments

Financial technology company Mambu will introduce its new custom-built cloud-based banking platform at Finovate Asia in Singapore tomorrow. The company began in the microfinance space and found the software offerings there limited. The high-end players used core banking platforms that inhibited them from moving downmarket, and the low-end players used spreadsheets andRead More

Prices for Mobile Apps Appear to Drop for FIs

Prices for Mobile Apps Appear to Drop for FIs

by March 1, 2013 at 10:14 am 0 comments

“The mobile phone is likely to be the basic bank account of the world by the next decade,” wrote Brett King in his new book, Bank 3.0. It appears that that transition will cost financial institutions less — to the chagrin of tech vendors. Sources tell Bank Innovation the price vendorsRead More