ICBA

ICBA Opens Center for Innovation in Atlanta

Retrieved on: 
Thursday, February 15, 2024

The Independent Community Bankers of America® ( ICBA ) announced the opening of the new ICBA Center for Innovation in Atlanta, establishing a permanent home for its world-class community bank innovation initiatives.

Key Points: 
  • The Independent Community Bankers of America® ( ICBA ) announced the opening of the new ICBA Center for Innovation in Atlanta, establishing a permanent home for its world-class community bank innovation initiatives.
  • “The ICBA Center for Innovation embodies our commitment to upholding our mission of creating and promoting an environment where community banks flourish,” ICBA President and CEO Rebeca Romero Rainey said.
  • “This space puts ICBA in the center of Atlanta’s financial services community, with our local partners within walking distance of our office.
  • For more information about ICBA ThinkTECH Innovation programming and upcoming opportunities at the ICBA Center for Innovation, visit icba.org/accelerator.

ICBA and First Federal Savings Bank: Relationship Banking Matters More than Ever

Retrieved on: 
Wednesday, February 7, 2024

“We know you have a choice in your financial provider, and we take great pride in our reputation as a community bank,” said Courtney Schmitt, VP, Marketing Manager at First Federal Savings Bank.

Key Points: 
  • “We know you have a choice in your financial provider, and we take great pride in our reputation as a community bank,” said Courtney Schmitt, VP, Marketing Manager at First Federal Savings Bank.
  • Are relationship lenders, taking a holistic approach to lending to consider numerous data sources, including credit history and discretionary spending.
  • The Federal Reserve has repeatedly found that small businesses that apply for loans with community banks are more successful and satisfied.
  • Serving local communities is a part of the community bank tradition, as reflected in ICBA’s National Community Bank Service Awards .

Ncontracts Selected as ICBA Preferred Service Provider for Vendor, Risk and Compliance Management

Retrieved on: 
Wednesday, January 31, 2024

Ncontracts today announced it has been selected by The Independent Community Bankers of America (ICBA) as its newest Preferred Service Provider (PSP).

Key Points: 
  • Ncontracts today announced it has been selected by The Independent Community Bankers of America (ICBA) as its newest Preferred Service Provider (PSP).
  • Ncontracts, which provides integrated vendor, risk, and compliance management solutions, helps community banks confidently manage their enterprise risk and vendor management workload.
  • “Ncontracts takes the concept of integrated risk management and makes it a reality for community banks,” ICBA Innovation Senior Vice President Adam Mahone said.
  • “By helping to elevate their compliance and third-party risk management programs through a holistic lens, community banks can improve efficiency while satisfying compliance considerations.”
    Ncontracts’ user-friendly risk and compliance software, along with its expert-created and maintained content, helps reduce regulatory burden while delivering strategic insights through:

Holtmeyer & Monson Successfully Achieves SOC 2 Type II Certification by AICPA

Retrieved on: 
Thursday, February 1, 2024

MEMPHIS, Tenn., Feb. 1, 2024 /PRNewswire-PRWeb/ -- Holtmeyer & Monson is pleased to announce the successful completion of its System and Organization Controls (SOC) 2 Type II audit examination. Holtmeyer & Monson is the leading provider of comprehensive SBA and USDA lending services for community institutions. Achieving the SOC 2 Type II distinction assures existing and prospective clients that Holtmeyer & Monson's procedures, processes, and systems are of the highest quality and meet the stringent SOC 2 security and privacy standards set by the American Institute of Certified Public Accountants (AICPA).

Key Points: 
  • MEMPHIS, Tenn., Feb. 1, 2024 /PRNewswire-PRWeb/ -- Holtmeyer & Monson is pleased to announce the successful completion of its System and Organization Controls (SOC) 2 Type II audit examination.
  • Holtmeyer & Monson is the leading provider of comprehensive SBA and USDA lending services for community institutions.
  • Holtmeyer & Monson enables financial institutions to provide government-guaranteed lending as part of their product offering without adding staffing resources or overhead costs.
  • "Achieving AICPA SOC 2 Type II compliance is a time- and resource-intensive process; however, we knew it was a level of assurance we needed to offer our clients," added Arne Monson.

ATTUNE Raises $2,225,000 in Seed Funding to Innovate Customer Engagement in Banking

Retrieved on: 
Thursday, January 25, 2024

NEW YORK, Jan. 25, 2024 /PRNewswire/ -- ATTUNE, formerly known as Lendsmart, today announced the successful closure of its seed funding round, raising $2,225,000. This milestone marks the company's evolution from a primarily lending-oriented organization to an all-encompassing Engagement Banking Platform, enabling financial institutions to digitize their service lines and intelligently engage with customers at key moments.

Key Points: 
  • NEW YORK, Jan. 25, 2024 /PRNewswire/ -- ATTUNE , formerly known as Lendsmart, today announced the successful closure of its seed funding round, raising $2,225,000.
  • The seed round was led by Tribeca Early Stage Partners , with significant contributions from CastleCreek Launchpad , ICBA , and Mike Roffler .
  • The new funding will accelerate ATTUNE's growth, allowing the company to expand its team across sales, marketing, and technology.
  • Founder & CEO of ATTUNE, AK Patel, shared his vision, "ATTUNE is poised to redefine Engagement Banking by streamlining digital interactions and personalizing customer experiences for banks and credit unions of all sizes.

Jack Henry™ Announces Banno Business™

Retrieved on: 
Thursday, January 25, 2024

MONETT, Mo., Jan. 25, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) is pleased to announce Banno Business™, a new solution that enables community and regional financial institutions to offer modern banking experiences for small-to-medium businesses (SMBs).

Key Points: 
  • Banno Business will further equip community banks and credit unions to serve businesses in their communities with competitive, advanced digital tools embedded into the Banno Digital Banking Platform™.
  • "Banno Business centralizes the business banking capabilities and partnerships we've created over the years into a single platform," said Julie Morlan, Managing Director of Digital Solutions at Jack Henry.
  • With Banno Business, financial institutions can expand and monetize their market share – a $370 billion revenue opportunity – while making a continued impact in their communities."
  • Banno Business leverages the success of the Banno retail platform, which has more than 10.5 million registered users.

KlariVis Simultaneously Marks 100-Customer Milestone, Secures $11 Million in Series B Funding Round Led by Blueprint Equity

Retrieved on: 
Thursday, January 11, 2024

KlariVis, a trailblazer in data analytics solutions for community banks and credit unions, closed its Series B capital round led by Blueprint Equity.

Key Points: 
  • KlariVis, a trailblazer in data analytics solutions for community banks and credit unions, closed its Series B capital round led by Blueprint Equity.
  • The $11 million investment will fuel further advancements in engineering, product development, customer success, and sales and marketing.
  • KlariVis, led by CEO/Founder Kim Snyder, a former community bank CFO, has experienced meteoric growth, doubling revenue and customer count year-over-year.
  • It recently celebrated the onboarding of its 100th client, marking a significant milestone in its mission to empower financial institutions with advanced data insights.

EPC Highlights Credit Unions, Community Banks' Opposition to Durbin-Marshall Credit Card Bill

Retrieved on: 
Tuesday, January 9, 2024

This month, the Electronic Payments Coalition (EPC) is launching new campaign ads across the country in partnership with credit unions and community banks to highlight the united opposition of Main Street institutions against the Durbin-Marshall Credit Card Bill.

Key Points: 
  • This month, the Electronic Payments Coalition (EPC) is launching new campaign ads across the country in partnership with credit unions and community banks to highlight the united opposition of Main Street institutions against the Durbin-Marshall Credit Card Bill.
  • View the full release here: https://www.businesswire.com/news/home/20240109858823/en/
    Credit Unions and Community Banks in All 50 States Oppose The Durbin-Marshall Credit Card Bill (Graphic: Business Wire)
    EPC's campaign will include digital display and video ads educating lawmakers about the negative impact proposed credit card routing mandates would have on smaller financial institutions.
  • The campaign will also call out the failure of the legislation’s so-called “carve-out” for community banks and credit unions.
  • The full list of banking organizations that have signed letters to Congress opposing the Durbin-Marshall Credit Card Bill is available here.

Trust Stamp Selected for ICBA ThinkTECH Accelerator

Retrieved on: 
Friday, December 8, 2023

ATLANTA, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity CompanyTM, announced today its selection to the Independent Community Bankers of America’s (ICBA) ThinkTECH Accelerator program , which kicks off January 8, 2024, in Atlanta.

Key Points: 
  • ATLANTA, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity CompanyTM, announced today its selection to the Independent Community Bankers of America’s (ICBA) ThinkTECH Accelerator program , which kicks off January 8, 2024, in Atlanta.
  • “As a leading presence in the global financial services market, we are thrilled to participate in the ICBA ThinkTECH Accelerator, a vital source of community banking innovation since 2019,” said Trust Stamp President Andrew Gowasack.
  • “We are excited to have Trust Stamp join us as a member of our latest ThinkTECH accelerator cohort,” ICBA Executive Vice President and Chief Innovation Officer Charles Potts said.
  • Adaptive technologies like Trust Stamp, which offer secure and efficient authentication solutions offer another layer of protection to help community bankers rest easier.”
    For more information about Trust Stamp, visit truststamp.ai .

STRENGTHENING FOOD RESILIENCY THROUGH INCREASING ACCESSIBILITY AND GENDER EQUALITY - KEY THEMES FOR UAE PAVILION PROGRAMS ON DAY 5 OF COP28

Retrieved on: 
Tuesday, December 5, 2023

Further, in line with the COP28 focus on Gender Day on 4 December, programs at the UAE Pavilion also emphasized the critical role of women in fostering climate smart agriculture worldwide.

Key Points: 
  • Further, in line with the COP28 focus on Gender Day on 4 December, programs at the UAE Pavilion also emphasized the critical role of women in fostering climate smart agriculture worldwide.
  • Key launch events and dialogues at the UAE Pavilion at COP28 included:
    The UAE-based International Center for Biosaline Agriculture (ICBA) announced the formation of the Women Alliance for Climate Action in Agriculture (WACAA).
  • And, the Global Islamic Finance Program (GIFP) for Climate, Nature & Development and their advisory committee were featured in an engaging program at the UAE Pavilion at COP28.
  • For more information about the pavilion and the schedule of events taking place, please visit the UAE Ministry of Climate Change and Environment Website , and the COP28 Website