Independent Banker - March 2019 - 24
PORTFOLIO
enormous amount of time and eff ort,
which many community banks don't
have the luxury of having. This was the
genesis of ICBA trying to fi nd a way to
help with this process on behalf of our
community bank members.
Visit icba.
org/fintech
to explore
the ICBA
ThinkTECH
Network.
As we researched the marketplace
for a solution that could provide this
sort of Yelp, Angie's List or Consumer
Reports for community bankers, we
could not fi nd a viable solution. That
led us to the development of the ThinkTECH
Network, powered by FinXTech.
We worked with the FinXTech team to
custom develop a platform that was
100 percent focused on the needs of
community banks.
The ThinkTECH Network is a
curated, online directory of technology
companies that are strategically partnering
with fi nancial institutions.
The key platform features include:
Innovation Station
By Kevin Tweddle, ICBA
Finding the right
fintech partner
A
s we talk to bankers across the country, we are
hearing more and more that they are looking for fi ntech
vendors to help them with their digital transformation. As
with any vendor, the community banks are looking for help
with one or more of these problems:
Q How can you help me grow revenue?
Q How can you help me be more effi cient and/or save money?
Q How can you help me with regulatory compliance and/or
mitigate my risk?
Q How can you provide more information about my customers
and/or improve the customer experience?
As banks identify the problem they are trying to solve,
they typically start a long process of identifying vendors
that can help. This typically starts with a web browser and
their favorite search engine. The next steps can then take an
24 Q ICBA Independent Banker Q March 2019
Kevin Tweddle
(kevin.tweddle@
icba.org) is
chief operating
off icer of the
ICBA Services
Network
Q a guided search function based on
how to solve a key problem within
a bank
Q in-depth written profi les highlighting
the products off ered and how the
company helps a bank
Q quick snapshots of each company
including its funding stage, key leaders
and contact information
Q an overview of product features,
pricing models and core processor
compatibility
Q a list of sample bank clients and testimonials
from fi nancial institutions
Q user-generated profi le reviews and
peer-to-peer discussions.
The ICBA ThinkTECH Network is
a one-stop shop for community bankers
looking for vetted community
bank-friendly fi ntech companies. The
platform is available at no charge to all
ICBA members. By providing community
banks with a straightforward tool
for uncovering new innovation partners,
it will off er more opportunities
for community bank and fi ntech partnerships
in 2019 and beyond.
Independent Banker - March 2019
Table of Contents for the Digital Edition of Independent Banker - March 2019
Table of Contents
Independent Banker - March 2019 - Intro
Independent Banker - March 2019 - Cover1
Independent Banker - March 2019 - Cover2
Independent Banker - March 2019 - Table of Contents
Independent Banker - March 2019 - 2
Independent Banker - March 2019 - 3
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Independent Banker - March 2019 - Cover3
Independent Banker - March 2019 - Cover4
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