CBANC Introduces Online B2B Fintech Marketplace for Community Banks and Credit Unions

CBANC | January 11, 2022

CBANC, the largest online community for banking and credit union professionals, recently launched a comprehensive platform that features an online marketplace of products and solutions for financial institutions.

The new marketplace enables information and data for 1,000 products from more than 450 companies that provide innovative solutions and services to banks and credit unions. With this, the new marketplace also provides the industry with the most up-to-date, comprehensive catalogue of products and services powered by the companies that serve as U.S based financial institutions. With this launch, CBANC aims to build a successful online community of verified financial professionals from over 8,600 U.S. financial institutions.

Over the past ten years, CBANC has been a place for all financial professionals to connect and discover the information they need to succeed. Today, the speed of technological innovation is outpacing awareness, and community banks and credit unions need a place to discover what's available for them and feel confident in their decisions."

Tom Ferries, CBANC CEO.

The CBANC Marketplace also enables vendors to get their products and services rapidly and offer them to banking and credit union professionals. With the help of this new marketplace platform, financial companies will have the ability to add, share, and update information related to financial services and products. By doing this, companies can add value and insight about services and products to their audience who are actively looking for support and guidance from the vendors.

The CBANC Community and Marketplace is a simple platform for each employee of U.S. financial institutions and members to overcome circumstantial vulnerabilities such as online fraud, essential fiscal credentials, insecure email networks, and many other dysfunctional aspects.

“As the need for technology change and acceleration continues, the industry is looking for a place that’s a real resource,” said Michael Berman, Ncontracts CEO. “An informed buyer is typically a better buyer because they really understand all of their options in the marketplace, so we are excited to participate.”


The digitisation of banking is potentially one of the biggest single changes to the banking sector in recent memory. The sector has long since digitised the holding of money. Yet for many years this operated in the background. The advent of the internet and the smartphone has transformed the ability of the customers to access their accounts digitally. Digitisation of services brings great benefits to customers: immediacy and convenience, access to new services, greater choice and market.


The digitisation of banking is potentially one of the biggest single changes to the banking sector in recent memory. The sector has long since digitised the holding of money. Yet for many years this operated in the background. The advent of the internet and the smartphone has transformed the ability of the customers to access their accounts digitally. Digitisation of services brings great benefits to customers: immediacy and convenience, access to new services, greater choice and market.

Related News


Volante Technologies Named to Prestigious IDC FinTech Rankings Top 100 for Second Year Running

Volante Technologies | September 23, 2022

Volante Technologies, the global leader in cloud payments and financial messaging, today announced that it has been named to The IDC FinTech Rankings Top 100 for the second year in a row. The IDC FinTech Rankings 2022 evaluates and categorizes the top IT vendors based on 2021 calendar year revenues and the percentage of revenues exclusively attributed to financial institutions. This accolade follows a number of other recent wins for Volante, including placing first in the IBS Intelligence (IBSi) Sales League Table (SLT) for wholesale banking payments, and receiving the 'Most Innovative Payment Solutions Provider' award at MEA Finance Banking Technology Awards (both for the second year running). Volante has also been recognized as a Leader in the Omdia Universe: Selecting a Payment Hub, 2021-22 global survey. According to Aaron Press, Research Director at IDC Financial Insights, Volante's focus on payments has once again placed the company on the IDC Fintech Rankings Top 100. Volante continues to earn this position with innovative solutions that move their customers' payments capabilities forward. The IDC Fintech Rankings, now in its 19th year, is the global standard list of fintech providers to the industry, and we congratulate Volante for their placement among the 2022 winners. Since debuting in the IDC Fintech Rankings Top 100 in 2021, Volante has launched a number of new service offerings, including the Volante ISO 20022 Service, which simplifies the complexity of global ISO 20022 modernization, and a unified solution for processing FedNow℠ Service and TCH RTP® real-time payments in the U.S. Volante has also broadened its partner ecosystem, announcing strategic partnerships with Mambu, to bring SaaS real-time payments and core banking to market, and KPMG, to offer financial institutions comprehensive ISO 20022 and real-time payments readiness diagnostics. During this time, Volante has continued to maintain strong trusted-partner relationships with customers, securing strategic growth funding from Wells Fargo, BNY Mellon, and Poste Italiane, and expanding the scope of its cloud Payments as a Service (PaaS) offering with FIMBank. Volante has also grown its footprint in Latin America, announcing payments modernization deployments with Banca Afirme, S.A. (Afirme, a subsidiary of Afirme Grupo Financiero, S.A. de C.V.) and Banco del Bajío, two of the largest domestic banks in Mexico. "According to IDC, digital transformation spend in worldwide banking will reach $17 billion by 2025*. Driven by demand for always-on real-time digital services from consumers and businesses, financial businesses are under pressure to modernize rapidly. As new payment types proliferate, payments modernization is an essential pillar of any digital transformation strategy," - Vijay Oddiraju, CEO, Volante Technologies Our inclusion in the IDC Fintech 100 is a testament to the role that we are playing in accelerating payments modernization by providing our customers with compelling cloud Payments as a Service and low-code financial integration solutions. As a result, more and more financial businesses of all sizes are partnering and investing with Volante, he continued. About Volante Technologies Volante Technologies is the leading global provider of cloud payments and financial messaging solutions to accelerate digital transformation. We serve as a trusted partner to over 100 banks, financial institutions, market infrastructures, clearing houses, and corporate treasuries in 35 countries. Our solutions and services process millions of transactions and trillions in value every day, powering four of the top five corporate banks, 40 percent of all U.S. commercial bank deposits, and 70 percent of worldwide card traffic. As a result, our customers can stay ahead of emerging trends, become more competitive, deliver superior client experiences, and grow their businesses through rapid innovation.

Read More


Texas-Based Community Bank Partners with Fintech for Full Suite of Automated Workflow and Portfolio Management Tools

Teslar Software | August 05, 2022

National Bank & Trust and Teslar Software today announced their partnership to streamline and modernize lending processes. The bank has selected Teslar’s comprehensive suite of automated workflow and portfolio management tools, which will reduce time spent on tedious manual tasks and allow employees to focus on strategic initiatives, such as expansion plans and portfolio diversification. “We strive to offer innovative technology while building deeper customer relationships within our community. Teslar Software is the solution to help us accomplish just that, Through our partnership, we will be able to complete tasks and access data faster, helping our lenders more seamlessly manage their portfolios from anywhere. Plus, Teslar will help us with the current talent dilemma, enabling us to operate efficiently and grow without needing to add staff. Teslar squarely supports our bank’s broader vision and allows us to strategically position ourselves for the future.” -Tracy Harris, CEO and president of National Bank & Trust The visibility gained from Teslar will provide National Bank & Trust with deeper insights into individual customer portfolios, allowing lenders to better track exceptions and manage loan documents, which will also help from a regulatory perspective. Teslar’s secure portal will allow customers to upload financial statements and monitor the status of their loans, improving the borrower experience. We’re proud to partner with National Bank & Trust, delivering the technology needed to provide an efficient, high-touch approach to customer service, We look forward to working alongside National Bank & Trust as they continue to support the community that has trusted them for over 130 years,said Joe Ehrhardt, CEO and founder of Teslar Software. About Teslar Software Teslar Software, founded in 2008, is a configurable lending process automation platform for community financial institutions. Teslar transforms commercial lending by providing easy access to centralized, relevant information to balance portfolios, optimize profits and help community bankers effectively serve their customers. Named Best Solution for Lending by the 2021 FinXTech Awards, Teslar Software continues to earn their reputation as a top technology provider for community institutions.

Read More


Chicago-based Banking Startup BetaBank Selects Finxact Next-gen Banking Platform

FINXACT | July 12, 2022

Finxact, a Fiserv Company and the provider of the leading next-gen core banking platform to the US regional and super-regional banking sector, today announced that BetaBank will power its product ecosystem using the Finxact cloud-native core. BetaBank is in formation, having submitted its banking charter application in April 2022. Concomitant with its application and fund-raising efforts, the bank is working with some industry powerhouses including Google to build from a scratch a fully automated digital lending platform driven by algorithms designed to remove inherent decisioning bias from traditional underwriting processes for small businesses. BetaBank is launching at an opportune moment in the evolution of banking technology. It will be one of the first US banks built from scratch to run a next-gen core in Google Cloud. Its product ecosystem is composed of best-in-class providers individually selected by BetaBank that will connect via APIs to the open Finxact core. As a purely digital bank, it will have the ability to lend across the country, but its focus will be on the Chicago-area community of small businesses. "BetaBank is what the future of lending will look like: democratized, fully-automated, purely digital, fair and transparent for the borrower, and cost efficient for the lender to serve SMBs and even sole proprietors. It's an honor for Finxact to be selected to underpin the technology stack that will help them in their mission." -Ryan Victor, Chief Revenue Officer of Finxact. The opportunity to start a bank from scratch presents us with a host of exciting and consequential decisions, among them which core system to use, said Seke Ballard, Founder and Chairman of BetaBank. We considered very carefully our options and concluded that Finxact will create a distinct competitive advantage for the bank. ABOUT FINXACT- Finxact's headless core is a SaaS platform engineered to support the scale and regulatory requirements of the largest U.S.-based financial institutions. Its cloud-native core banking system provides 100% accessibility to all data and functions via a robust set of modern APIs, empowering banks and their partners to rapidly deliver new experiences by creating products on demand and integrating new services as needed. Learn more at ABOUT BETA FINANCIAL SERVICES- Beta Financial Services is the holding company of BetaBank, currently in formation. BetaBank will be the first digital bank in the United States to be built entirely on Google Cloud from the ground up. Born from Founder Seke Ballard's belief that when small businesses succeed, everyone succeeds. BetaBank's mission is to offer small business owners the opportunity to thrive through a bank that's easy to access, and equitable to its core.

Read More