Independent Banker - July 2022 - 60

LemonadeLXP in Ottawa, Canada.
Indeed, investing in internal resources across the board
to handle emerging technologies is paramount, says Chase
Neinken, co-founder and president of Chimney in New
York City, N.Y.
" I would encourage bank executives and leaders to focus
more resources on developing the proper infrastructure
to support technology enablement in the coming years
instead of spending on the technology itself, " Neinken
says. " When we look five years out, there will certainly
be no lack of amazing technology. The bottlenecks
will come internally from community banks trying
to scale innovation centers overnight to support
new technology. "
Katie Kuehner-Hebert is a writer in California.
Ones to watch: the 2022 ICBA
ThinkTECH Accelerator cohort
ACCRUE BY CORE10
Franklin, Tenn.
Founded: 2016 (Accrue
launched in 2020)
Accrue is a digital lending
and account opening
platform for banks, as well
as an Integration-as-aService
for core providers
and other fintechs.
Chris Sommers, chief product officer
What to watch:
" Community banks need to plan for wider
acceptance, circulation, and lending against digital
assets and stablecoins. As more Americans hold
digital assets, they're going to demand a means
to bank with them and treat them as they do
traditional assets. "
Impressions of ThinkTECH:
" For a young startup to get in front of so many
forward-thinking community banks in such a short
period of time is the experience of a lifetime, and
one for which we're incredibly grateful. "
CHIMNEY
New York City
Founded: 2020
Known for its
homeowner
engagement tools,
Chimney is transforming
the way financial
institutions engage
customers and
fund loans.
Chase Neinken, co-founder and president
What to watch:
" The most important technology to watch in
community banking is not technology; it's the
people responsible for evaluating and implementing
the technology. Can they keep up? "
Impressions of ThinkTECH:
" The main thing we took away was a much deeper
understanding of the challenges facing community
banks today and how the ecosystem works-the
technology landscape, the thought leaders and the
internal thought processes. "
" I would encourage bank executives and leaders to focus more resources on developing
the proper infrastructure to support technology enablement in the coming years instead
of spending on the technology itself. When we look five years out, there will certainly be
no lack of amazing technology. " -Chase Neinken, Chimney
60 Q ICBA Independent Banker Q July 2022

Independent Banker - July 2022

Table of Contents for the Digital Edition of Independent Banker - July 2022

Table of Contents
Independent Banker - July 2022 - Intro
Independent Banker - July 2022 - Cover1
Independent Banker - July 2022 - Cover2
Independent Banker - July 2022 - Table of Contents
Independent Banker - July 2022 - 2
Independent Banker - July 2022 - 3
Independent Banker - July 2022 - 4
Independent Banker - July 2022 - 5
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Independent Banker - July 2022 - Cover3
Independent Banker - July 2022 - Cover4
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