Many community banks don’t offer their customers investment advice or brokerage services but contracting with a third party could bring opportunities to deepen relationships with existing customers.
Starting in 2018, ICBA’s ThinkTECH Accelerator has helped create a new ecosystem of community bank-friendly fintechs through a rigorous incubator boot camp involving hundreds of community bankers serving as mentors. Read on to learn about this year’s fintech cohort and their diverse mix of lending, cybersecurity and other solutions.
Small Business Administration (SBA) lending has seen major changes in the past year. Amid these trends, some community banks are harnessing internal and external data sources to find potential SBA loan customers.
Americans were already headed toward greater adoption of contactless payments when COVID-19 changed the way they shop. Now, data shows that contactless payments will be a new normal for many, even after the pandemic. For community banks, it’s time to get ahead of the trend.
SPONSORED | Banks without faster payment solutions can no longer meet expectations or compete with the industry innovators. Learn more about real-time payments and how you can leverage this transformative opportunity.
SPONSORED | eClosing offers powerful benefits such as cost savings for financial firms and convenience for customers. Download Finastra’s latest whitepaper, eSignature and the path to a fully digital mortgage loan closing to learn more.