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Thursday, December 1, 2022

ICBA’s legacy of success – Unbiased Banker

Illustration by Jess Rodriguez/Adobe

In 2022, ICBA’s award-winning ThinkTECH Accelerator program reached extra group banks with progressive options and partnerships than ever earlier than.

By Charles Potts, ICBA

For ICBA and our group financial institution members, 2022 was a 12 months filled with potential. We not solely continued to develop and enhance on our iconic, award-winning ThinkTECH Accelerator program; we additionally reached extra group banks with progressive options and partnerships than ever earlier than. To construct on these successes, ICBA introduced plans to convey the ThinkTECH Accelerator program in-house with a brand new, devoted workplace based mostly within the innovation hub of Atlanta.

Listed here are only a few of this system’s successes since its inception:

  • The ICBA ThinkTECH Accelerator was named Finovate’s 2020 Finest Fintech Accelerator
  • It has related the world’s most progressive fintech corporations with greater than 1,000 group bankers and trade leaders
  • 12 months over 12 months, this system has grown by leaps and bounds—rising the variety of financial institution members by greater than 350% since its launch in 2019
  • This 12 months, we elevated the variety of new attendees by greater than 50%, producing almost 600 hours of considerate dialogue

That’s what I might name making a legacy of success. Others are taking discover as effectively; this system—and our cohort alumni—continues to obtain protection in influential media shops like American Banker, Forbes, Reuters and Yahoo.

In keeping with group bankers

None of this is able to have been potential with out group bankers who’ve labored diligently to advance their very own innovation methods and proceed to supply essential thought management. They’ve helped make this system a mirrored image of the wants of our members, and by extension, their clients.

By bringing the ThinkTECH Accelerator program in-house, we will construct on the strong basis laid since its inception to achieve much more group bankers, guarantee bankers of consistent-quality services and products, and lengthen innovation programming year-round.

Our dedication to creating and selling an setting the place group banks flourish is unwavering, and this important funding is simply the following step in ICBA’s innovation journey.

We ask that you just proceed to share your time and expertise as we work collaboratively to form progressive options that make group banks stand out in a aggressive market.

As we mirror on 2022 and have fun our successes, we glance to the long run with nice anticipation.

“The accelerator is a superb train for financial institution administration to start out fascinated by what might be, reasonably than what’s,” says Charles Flurry, CIO at First Monetary Financial institution in El Dorado, Ark.

I couldn’t agree extra. Group banks can take coronary heart within the information that as we advance, we are going to apply classes from the previous whereas aligning our program’s targets to deal with the distinctive wants of group banks by offering focused options.

ICBA extends its heartfelt because of the various group banks which have invested time and assets into the ThinkTECH Accelerator program, enabling us to convey progressive options and partnerships to banks of all sizes. We ask group bankers to remain engaged and proceed to lean in, present suggestions and benefit from out there assets as we work to reimagine the way forward for banking by means of innovation.

Innovation doesn’t stand nonetheless. And neither can we.

Charles Potts (charles.potts@icba.org) is ICBA government vice chairman and chief innovation officer

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