Independent Community Bankers of America launches fintech accelerator
The Independent Community Bankers of America (ICBA) has teamed with the Venture Center in Little Rock, Arkansas, to launch the ICBA ThinkTech Accelerator.
With almost everyone obsessed by the riches fintech can promise, ICBA wants its programme to provide an outlet for community banks to engage and partner with start-ups focusing exclusively on community bank product development.
Kevin Tweddle, ICBA group executive vice-president of innovation and technology, says: “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.”
A selection committee made up of ICBA staff and member bank executives will participate in the programme, serving as mentors.
Ten candidates will be selected for the programme. ICBA will invest in each participant. Finalists will present their solutions to community banks in Nashville in March. You can apply here.
The US fintech scene is hotter than Georgia asphalt.
For example, yesterday (8 November), a group of 12 US community and regional banks founded Alloy Labs Alliance, a consortium approach to innovation and technology adoption.