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ICBA announced the selected companies for its sixth ICBA ThinkTECH Accelerator program.
ThinkTECH Accelerator: The next cohort will focus on fintech solutions related to analytics, automation, and compliance. The latest iteration of the accelerator also has been expanded to include group visits with the cohort in addition to one-on-one meetings.
New Cohort:
Azimuth: provides automated full-population compliance testing that is faster, more accurate, and cost effective.
Conductiv: collects additional lending and loan servicing data to incorporate into existing underwriting and lending processes.
HuLoop Automation: leverages AI to automate and streamline processes while providing better decisioning and governance.
Monit: offers a cash-flow analysis, forecasting, and guidance platform featuring data-driven tools and insights for bankers.
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.
Accelerating Innovation: In a new Main Street Matters post on the announcement, ICBA Executive Vice President and Chief Innovation Officer Charles Potts said the selected solutions are primed to yield greater community bank productivity while elevating customer experiences.
What’s Next: The ICBA ThinkTECH Accelerator program will kick off its sixth year Jan. 8 and will include a showcase at ICBA LIVE in Orlando, Fla. During the 10-week program, the companies will collaborate with industry leaders and community bank executives to refine their solutions for community bank consumption.
Background: ICBA selected the finalists following a rigorous process that evaluated hundreds of applicants for overall sustainability, including the team’s strength, product maturity, and product-market fit. Since its inception, the ICBA ThinkTECH Accelerator has connected innovative fintech companies with more than 1,400 community bankers and industry leaders — identifying and designing workable solutions that solve for today’s modern banking needs.