Community Banks Leverage Plug and Play Partnerships to Innovate

Community Banks are utilizing the plug and play partnership to innovate as it allows them to offer digital services in a more cost effective and efficient way; the Independent Community Bankers of America are helping to facilitate some of these partnerships through their ThinkTECH Accelerator; the accelerator is a joint venture with The Venture Center to focus exclusively on helping community banks find the right fintech partners; “We are only in year one, but we have found that this strategy allows us to have a direct influence on identifying problems and holes and then working with these early FinTechs to develop solutions quickly,” Kevin Tweddle, chief innovation officer at the ICBA, said to PYMNTS.com. Source.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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