Building a Fintech-Forward Bank

Contributions across a varied ecosystem can help you avoid missteps. We also look at credit quality disclosures in Q1 and the failure of Republic First Bank.

Happy Monday, Bank Slaters!

I can’t believe we’re a third of the way through 2024. May is right around the corner.

Could M&A be back? UMB Financial just agreed to buy Heartland Financial USA for $2 billion in stock in a deal expected to close early next year. What do you think?

I put the finishing touches on my fintech presentation for the Minnesota Bankers Association’s Operations & Technology Conference. It will be a great time to network with the state’s bankers and the other amazing speakers on the agenda. I’m looking forward to it!

With that in mind, let’s talk about fintech innovation.

As part of my presentation, I plan to share six steps that are critical to establishing an innovation culture at your financial institution. Given the heightened regulatory scrutiny of fintech partnerships, a solid foundation and having the right team in place will be critical to avoid setbacks and mitigate risk.