The Bank Slate


ICBA selects fintechs for latest accelerator platform

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.

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