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Main Street Matters Blog
Find out what's happening in communities across America, from grassroots advocacy efforts, to fintech innovations and everyday successes of Main Street banks.
In the wake of the high-profile cyberattacks on SolarWinds and Colonial Pipeline affecting national security and the everyday lives of Americans, cybersecurity has never been a more pressing concern to community banks.
For community banks looking to strike a balance between high-touch services and high-tech capabilities, selecting the right technology partner is more critical than ever. This decision is amplified when it comes to selecting a core processor.
Buy now, pay later or BNPL, is the latest cautionary payments tale for community banks. Much like digital wallets, its appeal—with instant gratification and integrated payment at checkout—has taken hold with Gen Z and millennials.
Community banks’ focus on next-generation digital solutions was on full display during a recent symposium hosted by the Federal Reserve Bank of Philadelphia and the Conference of State Bank Supervisors.
After 12 fully immersive weeks and hundreds of meetings with community bankers, core vendors, regulators and venture capital firms, the ICBA ThinkTECH Accelerator 2021 cohort revealed a glimpse into the future of banking with high-tech solutions tailored for community banks and their customers.
If you don’t know what third party cookies are, you’re in luck. They’re on their way out. But you’re not completely off the hook — first party cookies and first party data still matter — now more than ever.
ICBA and The Venture Center gave particular attention to identifying innovative back-office solution providers for this year’s ICBA ThinkTECH Accelerator cohort. These solutions run the gamut from robotic process automation for online lending to cybersecurity oversight through an automated governance solution.
In a world where technology has made it possible for instant gratification in customer and business relationships, community banks have had to find new ways to expand and deepen customer connections.
In a time of ambiguity, you take notice when there’s unilateral consensus, as was the case at last month’s ThinkTECH Policy Summit. During the summit, assembled regulators, legislators, and community bankers all agreed that community bank innovation will drive the future of financial services.
In our industry if you’re not moving forward, you’re in danger of falling behind. It’s why we created the ICBA ThinkTECH Accelerator program—to foster community bank innovation.
