The decision to bring the highly successful ThinkTECH Accelerator program in-house and introduce year-round programming was the natural progression in ICBA’s efforts to cultivate successful community bank-fintech partnerships that address today’s market challenges and opportunities, writes Charles Potts in a new blog post.
Background: The growth in fintech over the past five years has been exponential, but with the economy showing signs of slowing the start-up frenzy, focused investments will rise in both prominence and importance. This strategic emphasis on specific solutions speaks to community bank needs and the model ICBA has cultivated in its ThinkTECH innovation initiatives, he explains in Main Street Matters.
To further its vision ICBA recently announced plans to staff up and create a dedicated space in Atlanta to support continuous programming.
“With the pace of change in our industry and the corresponding rate of innovation, there’s a lot at stake. ICBA’s innovation initiatives are designed to create a clear path forward, providing the relationships, connections, and support that will help enable what’s next for community banking.”
Applications: ICBA is accepting applications for the 2023 ICBA ThinkTECH Accelerator program. Apply or nominate a fintech for consideration.