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ICBA ThinkTECH

The community bank center for cutting-edge financial technology, fintech company engagement, thought-leaders, and implementation of best practices.


ALL-NEW ICBA THINKTECH ACCELERATOR

ICBA is partnering with The Venture Center in Little Rock, Ark., to launch the ICBA ThinkTech Accelerator, a community bank-focused fintech accelerator program. This first-of-its-kind fintech accelerator provides an outlet for community banks to directly engage and partner with early-stage fintech companies focusing exclusively on community bank product development.
 

How It Works

A selection committee made up of ICBA staff and member bank executives will actively participate in the program, serving as mentors to early-stage companies vying for top spots in the selection process. The first step is a “proof of concept” phase, in which ICBA and community bankers provide feedback as part of the mentoring process for companies looking to partner with community banks. ICBA selection committee members will also serve a key role in selecting up to 10 candidates for the ICBA ThinkTech Accelerator program. ICBA will invest in each accelerator participant. Finalists will present their solutions to community banks at the ThinkTech showcase at the 2019 ICBA LIVE® convention, March 18-22 in Nashville.

  
   
“ICBA has promoted community bank and fintech partnerships for quite some time... This is the next step in our industry’s innovation journey, and by combining community banking and fintech, we’ll be cultivating a high-tech meets high touch banking experience for consumers. And this, ultimately, will be the community banking difference in the years to come.”

 

-- Kevin Tweddle, ICBA Group Executive Vice President of Innovation and Technology


Watch the Launch

At a news conference held on Oct. 31, 2018 at The Venture Center in Little Rock, Ark., ICBA President and CEO Rebeca Romero Rainey joined Rep. French Hill (R-Ark.) and others to launch the accelerator.
  

Questions?

Visit the Venture Center for application information, including how to refer fintech companies you know.
For media inquiries contact Aleis Stokes or Nicole Swann.
For questions about the accelerator please contact Kevin Tweddle.

 

FINTECH STRATEGY ROADMAP

The community bank roadmap to working with innovative solutions

ICBA's Fintech Strategy Roadmap offers a look at various approaches for community banks to consider when creating, collaborating, and investing in fintech. With a focus on how regulatory risk affects a bank’s actions, this roadmap outlines the necessary considerations to ensure these strategic decisions are successful for community banks.

  • Why is this important? >>

  • Key questions as your community bank develops its plan >>

First of all, what is fintech?

Fintech is the intersection of financial services and technology. The innovation within this intersection is robust, and the positive impact to community banks is wide-reaching.

Examples:

  • Digital wallets and real-time transactions bring instant payments and availability of funds to bank customers.
  • New lending platforms offer streamlined experiences and faster credit decisions.
  • Business intelligence solutions provide new ways for community banks to manage and anticipate customer activity
  • Transformed cloud infrastructures give banks more secure and efficient opportunities for data security and storage.

map

  • Strategic Opportunity
  • Fintech’s Wide-Reaching Terrain
  • A Community Bank Advantage

Roadblocks

  • Risk Factors to Consider for a Community Bank
  • Fintech Regulatory Environment

start

  • Approaches to Fintech for Community Banks
  • Fintech Partnership/Joint Venture Checklist
  • Meet Innovative Companies

Financial Technology Education and Resources