Small Banks Finding Creative Ways to Innovate

Small banks are unable to put endless resources into projects to test new technologies and must be more strategic in their thinking; they have started to take some lessons from their big bank counterparts by starting accelerators and working with fintech partners; they also work together, small banks and credit unions are pooling their resources to help each other work on innovative solutions; the core customer relationships that small banks rely upon are their biggest weapon; they understand what their customers need and finding creative ways to deliver that will ensure the smaller banks deliver products that compete. 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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