The FDIC announced that the Deposit Insurance Fund reserve ratio has reached 1.38 percent, triggering the distribution of approximately $764 million in assessment credits for community banks with assets under $10 billion.
The anticipation is mounting as the September 30 deadline nears for early-stage and startup fintechs to submit their applications to be a part of ICBA ThinkTECH Accelerator 2.0, powered by The Venture Center.
ICBA's Kevin Tweddle talks with Chris Johnson of First Financial Federal and Brad Bolton of Community Spirit Bank about engaging with fintechs to deliver next-generation innovation to match consumers’ evolving digital expectations.
ICBA's Kevin Tweddle discusses the launch of ThinkTECH 2.0, which builds on the momentum of its inaugural accelerator program in search of the next crop of fintech breakouts to help solve today's business challenges and create future opportunities.
After years of ICBA-led advocacy on behalf of a real-time payments system that ensures access and choice for community banks, the Federal Reserve has announced that it will build a real-time gross settlement service.