MineralTree Wins “Best in FinXTech Award”
Last week, MineralTree’s Director of Business Development, Matt Hawkins, joined City National Bank and Braun Business Management in New York City for FinTech Day hosted by Bank Director Magazine – and we have some new hardware in our trophy case to show for it!
The event focused on celebrating technology’s increasing role in the banking industry and brought together over 100 executives from banks, investment firms and financial technology (FinTech) companies to discuss the transformation of the banking industry.
Much of the conversation at the event focused on using technology to meet the expectations of business customers, and how banks need to modernize existing offerings as those expectations evolve. If they don’t, customers will seek out solutions elsewhere that meet their needs.
So, how do banking institutions transform and reinvigorate themselves? Forming partnerships with new and innovative FinTech companies is one of the solutions that the event highlighted. A great example of a successful bank and FinTech partnership is Book2Bank, a private-label version of MineralTree Invoice-to-Pay offered to City National Bank’s business customers.
At the event, Bank Director honored MineralTree and City National Bank with a “Best in FinXTech Award” for helping to simplify the invoice-to-pay process for City National customers, including Braun Business Management. City National Bank has proven to be an excellent partner that’s dedicated to being on the leading edge of technology that it offers to its commercial customers, and it’s an honor for MineralTree to be recognized alongside such a forward looking institution.
You can read more about this partnership, and our “Best in FinXTech Award” here.
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