The Independent Community Bankers of America has selected six companies to participate in its first ICBA ThinkTECH Accelerator program of 2024.
The ICBA said in a press release that the program will focus on fintechs that handle analytics, automation and compliance. The companies will participate in a 10-week program that begins on Jan. 8.
The selected companies are:
Azimuth: Provides improved automated full-population compliance testing
Conductiv: Collects more lending and loan servicing data to incorporate into existing underwriting and lending processes
HuLoop Automation: Uses AI to automate and streamline processes while providing better decisioning and governance
Monit: Cash flow analysis, forecasting and guidance platform with data-driven tools and insights
Revio: Helps analyze transaction details to uncover deposit growth and revenue generation opportunities for targeted campaigns
Trust Stamp: Enables one-to-one and one-to-many identities without sacrificing biometric security or utility
“Community banks have always delivered exceptional service and now more than ever, they’re leveraging the best of technology to create the high-tech, high-touch experiences customers crave,” Charles Potts, the ICBA’s chief innovation officer, said in the release.
“When paired with promising fintechs — the focus of our accelerator program — we can empower the nation’s community banks to respond to shifting market dynamics and strengthen customer relationships,” Potts added.