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Accrue by Core10 Selected for 2022 ICBA ThinkTECH Accelerator

Program Drives Advancement of Community Bank Innovation for Fourth Consecutive Year


News provided by

Core10

Dec 08, 2021, 08:00 ET

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NASHVILLE, Tenn., Dec. 8, 2021 /PRNewswire-PRWeb/ -- Core10 today announced its participation in the Independent Community Bankers of America's (ICBA) fourth annual ICBA ThinkTECH Accelerator, in partnership with The Venture Center. The ICBA ThinkTECH Accelerator program fosters fintech-community bank collaboration through a rigorous 16-week program featuring a four-week incubator and a 12-week accelerator. This year's program will provide a hybrid of on-site and virtual collaboration opportunities.

"We are incredibly honored to have been selected for the ICBA's ThinkTECH Accelerator," said Chris Sommers, chief product officer at Core10 and Accrue founder. "Nowhere else could we get the opportunity to present and glean insights from such a distinguished group of community bank leaders, industry experts, and key policymakers. Accrue by Core10 will exit this Accelerator as a much-improved product, with a message and go-to-market strategy that will position us well to prosper and help community banks thrive in the marketplace.

"Accrue was chosen from hundreds of candidates for this year’s program based on the strength of its offering," ICBA Senior Vice President and Chief Innovation Officer Charles Potts

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Accure is an OEM Salesforce Platform with powerful, configurable lending and banking applications. Designed specifically for community banks, Accrue connects core banking systems, combines workflows into one convenient platform, and allows banks to achieve their digital transformation goals quickly and efficiently. The product suite includes consumer and business lending, digital account opening, credit decisioning, online forms, easy onboarding, borrower and banker portals, digital document management, and more.

"Accrue was chosen from hundreds of candidates for this year's program based on the strength of its offering, the vision of its founders, and our shared goal to blend the best of technology with standout service for an unmatched customer experience," ICBA Senior Vice President and Chief Innovation Officer Charles Potts said. "Innovation is key across the financial services landscape, and forums like the ICBA ThinkTECH Accelerator help ensure community banks are well equipped to meet the 21st century needs of their diverse clientele—today, tomorrow and well into the future."

"Partnering with ICBA to select and mentor relevant companies and to help enhance community bank innovation is an honor and a privilege," Wayne Miller, executive director of The Venture Center said. "For fintechs seeking meaningful relationships with community bank innovators, the fourth ICBA ThinkTECH Accelerator provides a platform with abundant opportunity."

To learn more about the ICBA ThinkTECH Accelerator program visit icba.org/thinktech/accelerator.

###

About Core10
Nashville-based Core10, founded in 2016 and backed by FINTOP Capital and Jacobs Asset Management, is a leading US-based provider of banking and lending products and services. Our Accrue and FintechConnect products provide big bank tech without the big bank budget to community banks looking to accelerate digital innovation. Our API Integration and SaaS implementation services provide our financial institution and financial technology clients with customized solutions to meet specific needs. Core10's 100% US-based development team is located in smaller US Hereshore® communities, including Huntington, West Virginia; Martin, Tennessee; and Johnson City, Tennessee. These Hereshore communities are selected because they produce highly educated developers in places with a significantly lower cost of living than major metro areas.

About ICBA
The Independent Community Bankers of America® creates and promotes an environment where community banks flourish. ICBA is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education, and high-quality products and services.

With nearly 50,000 locations nationwide, community banks constitute 99 percent of all banks, employ more than 700,000 Americans and are the only physical banking presence in one in three U.S. counties. Holding more than $5.8 trillion in assets, over $4.8 trillion in deposits, and more than $3.5 trillion in loans to consumers, small businesses and the agricultural community, community banks channel local deposits into the Main Streets and neighborhoods they serve, spurring job creation, fostering innovation and fueling their customers' dreams in communities throughout America. For more information, visit ICBA's website at http://www.icba.org.

About The Venture Center
The Venture Center's immersive accelerator programs are designed to accelerate the growth of early-to-late stage companies and help validate their solutions for real-world problems. Our methodology provides a unique opportunity to connect with community bank executives, receive seed investment, and learn from a comprehensive curriculum aiding in strategically addressing go-to-market, business, and finance challenges. Learn more at http://www.venturecenter.co. Follow The Venture Center on Facebook, LinkedIn, Twitter, and Instagram.

Media Contact

Kelly Leonard, Core10, +1 (855) 737 5323, [email protected]

Nicole Swann, Independent Community Bankers of America's (ICBA), 202-821-4458, [email protected]

SOURCE Core10

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