I hope that each provides additional clarity and serves as a valuable resource to community banks as they pursue their own innovation strategies. Community Bank/Fintech Partnership Paper The first initiative is the publication of a paper highlighting some of the promising ways that community banks are partnering with fintech companies.
It lays out some important issues that banks must consider to maximize the effectiveness of the partnership. This paper is the product of an extensive outreach effort with community banks, fintechs, and industry stakeholders. It involved discussions focused on the strategic and tactical decisions that support effective partnerships in a responsible manner.