PRESS ROOM

Bank Director Announces FinXTech Connect ICBA Will Make Available to Their Members in Early 2019

Community Banks Connect With Technology Companies To Harness Innovation

WASHINGTON, D.C., December 13, 2018 - Bank Director, the leading information resource for leadership and board members of financial institutions nationwide, has put into full production its online platform called FinXTech Connect in an effort to make it easier for U.S. banks to discover potential technology partners and solutions. The platform is slated for launch in early 2019.

Built specifically for banks, FinXTech Connect is a curated directory of emerging financial technology companies that are strategically partnering with financial institutions.

In beta for the past year, Bank Director’s team canvassed bank executives on their experiences with qualified technology companies to develop a platform that has been identified by Bank Director as “bank-friendly,” with a proven history of financial performance and an existing roster of bank clients. Solutions include lending platforms, payment processing applications, security, data analytics and more.

“We are excited to roll out this new platform with ICBA as community banks look to discover new ways to partner with technology companies. It has always been our core focus at Bank Director to educate senior leaders and members of the board of financial institutions, and we believe FinXTech Connect allows banks to grow market share and gain efficiencies through new innovations,” says Mika Moser, President of Bank Director.

The platform will also have a community bank focus through the Independent Community Bankers of America’s (ICBA) ThinkTECH Network, which is powered by FinXTech Connect.

“The ICBA ThinkTECH Network will be a one-stop shop for community bankers looking for vetted community bank-friendly fintech companies,” ICBA Group Executive Vice President of Innovation and Financial Technology Kevin Tweddle said. “By providing community banks with a straightforward tool for uncovering new innovation partners, our goal is to provide more opportunities for community bank and fintech partnerships in 2019 and beyond. We’re looking forward to rolling out this exciting new tool for all of our members.”

FinXTech Connect includes the following features:

  • Guided search function to allow banks to easily find solutions
  • In-depth written profiles on fintech companies working with U.S. banks
  • Access to key technology leaders and contact information
  • Product features, pricing models and core processor capabilities
  • A sample client list and testimonials from financial institutions
  • Ability for bank users to save company profiles for future reference

About FinXTech
Launched in 2014, FinXTech is a resource powered by Bank Director, which specializes in connecting a hugely influential audience of U.S. bank leaders with technology partners at the forefront of innovation. FinXTech makes it easier for banks and technology companies to work together - through its exclusive in person events, editorial content and online FinXTech Connect platform. For more information, please visit FinXTech.com.

About Independent Community Bankers of America (ICBA)
The Independent Community Bankers of America® creates and promotes an environment where community banks flourish. With more than 52,000 locations nationwide, community banks constitute 99 percent of all banks, employ more than 760,000 Americans and are the only physical banking presence in one in five U.S. counties. Holding more than $4.9 trillion in assets, $3.9 trillion in deposits, and $3.4 trillion in loans to consumers, small businesses and the agricultural community, community banks channel local deposits into the Main Streets and neighborhoods they serve, spurring job creation, fostering innovation and fueling their customers’ dreams in communities throughout America. For more information, visit ICBA’s website at www.icba.org.

Source: BankDirector.com

For more information, please contact Bank Director’s Chief Marketing Officer, Michelle King at mking@bankdirector.com.