We're back with the next installment of Accelerated, a new series that gives a behind-the-scenes look at how fintech-banking deals are made and why they’re important.
William Mills Agency and The Venture Center have partnered together to launch a new podcast series called Accelerated. Throughout the series, industry experts will share a behind-the-scenes look at how fintech-banking deals are made, and why they’re important.
Following Finovate Fall Digital, William Mills Agency CEO, William Mills, sat down with Steven Ramirez, CEO of San Francisco-based Beyond the Arc, to discuss the state of the financial services industry, COVID-19 implications on the economy, and how financial institutions are shifting toward being more customer-centric through the digital channel.
WMA president Scott Mills sat down with Casey Scheer, Director of Marketing and Sales at BHMI. BHMI develops both custom software applications and software products. They are best known for the Concourse Financial Software Suite, which is a modular software suite for the electronic payments industry.
Casey shares insights on adapting to rapid changes in the marketplace, how the pandemic has increased the adoption of touchless payments and more. She notes that, "Mobile wallets and services like Zelle are seeing a huge spike in their business because people are more comfortable with those types of payments. You don't have to physically touch money and it's more seamless. The big question is if that will be a permanent change in the consumer market." Casey predicts that these changes will have long-lasting impacts on how financial institutions can best serve customers quickly and conveniently.
WMA president Scott Mills spoke at the Sawyers & Jacobs 2019 Bank Tech Summit in Memphis, Tennessee about how fintech accelerators and incubators can be of service to community financial institutions. While initially, community financial institutions were skeptical in evaluating fintechs as friend or foe, in light of the rapid pace of technological change and consumer expectations, community banks and credit unions are increasingly recognizing the value of working closely with technologically advanced, agile fintechs. In his presentation, Scott discussed how accelerators and incubators are providing a path for these partnerships.
Scott kindly recorded a second version of his presentation as a webinar for those who weren’t able to attend the Bank Tech Summit, which you can view here.
For many, when asked what they associate with Georgia, they’ll likely reference peaches, peanuts, Coca-Cola or the state’s rich musical heritage (Ray Charles, Allman Brothers, Otis Redding, R.E.M., among others), but few likely know that Georgia has emerged as a hub for technology -- specifically, financial technology (fintech). As 2018 draws to an end, we would like to celebrate Georgia’s influence on the fintech ecosystem by sharing some interesting facts about on the state’s impact on the industry through the years: