The Tennessee Bankers Association is pleased to announce its participation with the FedFis and state community banking associations nationwide to offer access to Bankers Helping Bankers to its member banks in Tennessee.
Bankers Helping Bankers is a bankers-only platform for collaboration and education. Through data tools and dynamic user groups, Bankers Helping Bankers provides bankers with a knowledge base focused on bank technology and emerging Fintech companies, as well as hot topics such as cryptocurrencies, banking as a service and direct digital banking.
“Bankers Helping Bankers is about community banks coming together to address their shared challenges, operate more efficiently and discover new sources of income,” said Dave Mayo, Chief Executive Officer of FedFis, the developer of the platform.
Upon logging in, bankers are put into user groups with:
- Every bank in the country that is using their same core provider platform
- Every bank in the country that is using their same online banking platform
- Every bank in their state
- Every bank in the U.S
FedFis partnered with the Independent Bankers Association of Texas (IBAT) to bring the idea for Bankers Helping Bankers to life.
“The future of community banking depends on their collaboration. For decades, banking associations have offered the means of collaboration for bankers, mostly using face-to-face gatherings. But those means are no longer enough because the industry is changing too quickly. Bankers Helping Bankers is the next iteration of the traditional value proposition of associations—the promise that together we can accomplish more than we ever could alone,” said IBAT President and CEO Christopher Williston.
“From the latest digital products to new Fintech vendors, the banking industry is rapidly evolving,” said Colin Barrett, president and CEO of the Tennessee Bankers Association. “With the Bankers Helping Bankers platform, bankers can connect with peers and learn together about the latest trends in the industry’s digital landscape. TBA is excited to offer this to our members.”
Inside the Platform
Bankers Helping Bankers is a social community at its core. Its intelligence layer powers the community engagement, acting as a social engine. BHB achieves this data driven engagement in these key ways:
Social Plus: BHB personalizes the banks’ experience—recommendations, interactions, digital strategy and even discussions—by grouping banks’ discussions by topics, partners and peers. This is a new, elevated conversation based on information bankers haven’t had before.
Fintech Directory: All U.S. fin-techs that provide a banking function (requires a sponsor bank) are included in the database. It is the only directory built by data, which ensures completeness. Search all of a fintech’s features and app store data (number of installs, age of app and ratings, and view the digital experience of the fintech).
Vendor Due Diligence: The technology selection process for community banks has long been broken. Community bankers need vendors that integrate with a bank’s current technology and pass the regulatory hurdle of “three live installs.” Using AI algorithms, FinTegration Strategist precisely defines your recommended product shortlist.
Bank Digital Snapshot: Find your bank peers, view that community bank’s digital experience through its app(s), financial KPIs and call report financial KPIs.
Smart Vendor Directory: BHB offers a definitive list of vendors with at least one live bank install. Learn where vendors serve their customers best by asset size and financial KPIs of their install base.
Education: Get data-driven education and thought leadership to stay on top of news, industry trends and cutting-edge innovations.