Joined September 2008
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Here’s a good #fintech to watch:
Casca launched its $29M Series A today, including @CanapiVentures and @ycombinator to accelerate lending with responsible #AI.
Read more about how Live Oak Bank, Huntington National Bank, and Bankwell are using it cascading.ai/company/series-…
Quite happy to announce this new #WMAClient. We've had a great relationship with @ICBA and working with their ThinkTECH companies is the best!
#NEWS: WMA is providing #PR services to @ICBA supporting their ThinkTECH innovation initiatives. Check out our press release to learn more about this new relationship.
hubs.ly/Q01RXCwL0
#CommunityBanking
Heather Sugg retweeted
NEW: TikTok has stored the most sensitive financial information of its biggest stars — including those in the TikTok Creator Fund — on servers in China.
CEO Shou Chew recently told Congress “American data has always been stored in Virginia and Singapore.”forbes.com/sites/alexandrale…
Heather Sugg retweeted
So @TechCrunch is searching for 200 early-stage companies for Startup Battlefield at Disrupt this September. Comes with a chance to win a $100,000 in equity-free $$ and cool kid creds. Apply by May 31: apply.techcrunch.com
Fresno First Bank comments #FedNow will have a slow adoption - maybe slower than anticipated - but it will open up a ton of use cases and chip away at other networks.
There are big opportunities & it will bring new innovation. Bankers, be curious.
#FintechNexus @Fintechnexus
I don’t think the guy in front of me at the airport is going to the same #fintech conference I am….
See the rest of you at #fintechnexus soon.
Heather Sugg retweeted
A @Visa collaboration with @PayPal, @WesternUnion and others tries to erase P2P payment friction.
trib.al/BE1nAdE
Heather Sugg retweeted
Our EVP, Heather Sugg, attended @ICBA Live in Honolulu earlier this month. Check out our blog to learn about her experience and how this event showcased the community banking difference, especially during financial crises.
#ICBALive #CommunityBanks
hubs.ly/Q01JzBbR0
Heather Sugg retweeted
Forbes Article on who wired cash to founders over the SVB crisis weekend: smaller & non-traditional funds
Quietly wiring funds > RAGE TWEETING
@sama @saranormous @lachygroom @natfriedman & John Curtius👑's
(h/t @alexrkonrad for the Forbes article)
As #communitybanks poise to save Main Street, its vital that they keep security and risk managment at its best. @sebastian2day shared with #ICBAlive that 135 trillion records are on the dark web today from 4,000+ breeches since 2020. Point solutions and rules aren’t enough.
Heather Sugg retweeted
If you are a reporter working on this story, call some community bank CEOs. Ask them if they are seeing panic in the streets.
They are not.
About 3% of bankers say their front line staff are experts on their digital tools - and a little less at this on-site poll from @LemonadeLXP at #ICBAlive sounds like a learning opportunity.
Joe Ehrhardt of @teslarsoftware shares commercial lending tips: what community banks need to protect (renewals) as well as where there’s big opportunity for growth (banking your business customers’ customers.) @ICBA #ICBAlive
.@ICBA bankers and #fintechs are collaborating in Honolulu with a focus to help and differentiate. More commentary on that coming soon, but the main communication message is do not overreact. This is another opportunity for #Communitybanks to set themselves apart. #ICBALive
Yes, and thank you @psb_dc
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Heather Sugg retweeted
The FDIC has set up a bridge bank to handle the failure of SVB.
That is exceedingly rare.
The last one I remember was IndyMac in 2008.
Ouch - there was certainly a better way to fix this. "With so many eligible organizations our ability to have an impact was spread too thin”
Will more big techs rescind the good will preached during good times? And can fintech and FIs persist to make a difference when needed?
Amazon ends charity donation program AmazonSmile techcrunch.com/2023/01/19/am…
Heather Sugg retweeted
72 hrs after I read @sytaylor’s prediction I find this “In addition, some external outreach is an investment in the future. For example, the bank has joined the USDF Consortium, which is working on a bank-run approach to ‘tokenized deposits.’”
