In 2022, ICBA’s award-winning ThinkTECH Accelerator program reached extra neighborhood banks with revolutionary options and partnerships than ever earlier than.
By Charles Potts, ICBA
For ICBA and our neighborhood financial institution members, 2022 was a 12 months stuffed with potential. We not solely continued to develop and enhance on our iconic, award-winning ThinkTECH Accelerator program; we additionally reached extra neighborhood banks with revolutionary 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 primarily based within the innovation hub of Atlanta.
Listed here are just some of this system’s successes since its inception:
- The ICBA ThinkTECH Accelerator was named Finovate’s 2020 Greatest Fintech Accelerator
- It has linked the world’s most revolutionary fintech firms with greater than 1,000 neighborhood bankers and business leaders
- Yr over 12 months, this system has grown by leaps and bounds—rising the variety of financial institution contributors 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’d 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 line with neighborhood bankers
None of this may have been potential with out neighborhood bankers who’ve labored diligently to advance their very own innovation methods and proceed to supply important 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 are able to construct on the strong basis laid since its inception to succeed in much more neighborhood bankers, guarantee bankers of consistent-quality services and products, and prolong innovation programming year-round.
Our dedication to creating and selling an setting the place neighborhood banks flourish is unwavering, and this important funding is simply the subsequent step in ICBA’s innovation journey.
We ask that you just proceed to share your time and expertise as we work collaboratively to form revolutionary options that make neighborhood banks stand out in a aggressive market.
As we mirror on 2022 and have a good time our successes, we glance to the long run with nice anticipation.
“The accelerator is a superb train for financial institution administration to start out serious about what could possibly be, moderately 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 data that as we advance, we are going to apply classes from the previous whereas aligning our program’s targets to handle the distinctive wants of neighborhood banks by offering focused options.
ICBA extends its heartfelt because of the various neighborhood banks which have invested time and sources into the ThinkTECH Accelerator program, enabling us to convey revolutionary options and partnerships to banks of all sizes. We ask neighborhood bankers to remain engaged and proceed to lean in, present suggestions and make the most of accessible sources as we work to reimagine the way forward for banking by way of innovation.
Innovation doesn’t stand nonetheless. And neither can we.
Charles Potts (firstname.lastname@example.org) is ICBA govt vice chairman and chief innovation officer