In just 20 days, we raise the lights on our 23rd annual Acquire or Be Acquired Conference. This is Bank Director’s biggest event of the year, one primarily focused on banking’s “great game” — mergers and acquisitions. My team has spent considerable time and energy developing a spectacular event focused on growth-related topics that range from exploring a merger to preparing for an acquisition; growing loans to capturing efficiencies; managing capital to partnering with fintech companies. To see the full agenda, click here.
Widely regarded as one of the banking industry’s premier events, we have more than 1,000 people registered to attend AOBA later this month — an all-time high. We couldn’t do this alone, and over the course of these 2 ½ days, executives from many of our industry’s leading professional services firms and product companies share their perspectives on “what’s now” and “what’s next.” I invite you to take a look at all of the corporate sponsors joining us:
As I shared in a recent post, bank executives and their boards face some major issues without clear answers. Before heading out west, I’ll share more about the banks (and 660+ bankers) joining us at the JW Marriott Phoenix Desert Ridge Resort & Spa. Until then, I invite you to learn more about the companies supporting this conference by hopping over to bankdirector.com. To follow the conversations happening around this conference on Twitter, I’m @aldominick and we are using #AOBA17.
Today’s pop quiz
A bank’s future is:
By deliberating before answering this question (and subsequently leaving a reply below), you will better understand how + why my team at Bank Director developed the agenda for our Growing the Bank Conference.
Next Monday and Tuesday, at the Four Seasons Resort and Club Las Colinas in Dallas, we are excited to welcome 230+ executives from traditional and emerging financial services companies to explore:
- The power of partnerships between banks and fintechs;
- How to embrace change; and
- Intelligently experimenting with emerging tools and products.
As I wrote in 3 Quick Takeaways from #fintech16 (aka Bank Director’s FinTech Day at Nasdaq’s MarketSite), many technology companies have developed strategies, practices and new technologies that will dramatically influence how banking gets done in the future. For example:
- Nymbus is transforming the way traditional banks and financial institutions support and interact with their customers through its core processing solution;
- nCino is a leader in cloud banking with a dynamic bank operating system; and
- Geezeo offers an integrated suite of online tools and services; notably, a sleek Personal Financial Management (PFM) solution.
However, within this period of upheaval — where considerable market share will be up for grabs — ambitious banks can leapfrog both traditional and new rivals. So if you are joining us, be advised that this is not a place to sit quietly and be told what’s not working in banking. This two-day exchange of ideas allowed for candid conversations and presentations banking leaders from around the United States eager to address challenging issues and emerging opportunities. If you are interested in following the conversation via Twitter, @bankdirector uses #BDGrow16. In addition, we will share various takeaways via LinkedIn and I’ll be posting regularly to this site.
P.S. – I’ll read the best answer to today’s question to open the conference, so don’t be shy in sharing your answer below.
Some of the most visible innovations in the banking world today are platform-based, data intensive and capital light. Personally, I’m just as encouraged by “incumbent” institutions supporting new fintech entrants — with infrastructure and access to services — as I am creative new companies (like Nymbus, nCino, etc.) providing smaller and mid-sized banks with sophisticated new capabilities.
This video, filmed during Bank Director’s annual FinTech Day in New York City at the Nasdaq Marketsite, is but one of eight videos we’ve shared on BankDirector.com. To see what industry leaders from Silicon Valley Bank, the Fintech Collective, BizEquity, Daon, Deloitte Consulting and the World Bank’s IFC think are the challenges & opportunities facing traditional banks, I invite you to take a look at this compilation of videos FinTech Day Recap: Rapid Transformation Through Collaboration.
Al Dominick is the President & CEO of Bank Director, a privately held media & publishing company designed around strategically important business issues that a CEO, executive and/or board member(s) need to know — and be prepared to address. An information resource to the financial community since 1991, we publish Bank Director magazine, host conferences like “Acquire or Be Acquired,” conduct board-level research, provide board education & training programs, run BankDirector.com… and recently launched FinXTech.