Jay D. Wilson, Jr., CFA, ASA, CBA, vice president of Mercer Capital, will be hosting a complimentary webinar, Creating Strategic Value Through FinTech, for community bankers on July 11, 2017 (Noon – 1:00pm).
Against a backdrop of compressed net interest margins, enhanced competition from non-banks, rising regulatory and compliance costs and evolving consumer preferences regarding the delivery of financial services, many community banks find themselves at a significant inflection point where traditional growth strategies like building or acquiring an expansive, and often expensive, branch network are being reexamined.
This webinar will focus on how community banks can leverage FinTech to create strategic value for the bank. While many bankers view FinTech as a potential threat, FinTech offers the potential to improve the health of community banks for those banks that can selectively leverage FinTech to enhance performance, customer satisfaction, and improve profitability and returns. FinTech can also help level the playing field for community banks to compete more effectively with larger banks and non-bank lenders.
Learning objectives of the webinar include, but are not limited to:
- Awareness of the unique challenges community banks and FinTech companies are facing and opportunities for symbiotic relationships between the sectors
- Understanding how FinTech can help a bank create strategic value
- Identifying the fundamental questions a bank should ask when it considers partnering, building, or acquiring a FinTech company
- Determining steps a bank should take to build a strategic FinTech framework
- Reviewing the importance of a detailed Internal Rate of Return (IRR) analysis and how it influences a bank’s decision making process in regards to its FinTech options
The information presented in this webinar is adapted from the recent book, Creating Strategic Value Through Financial Technology. For more information about the book, click here.
TO REGISTER for this complimentary webinar, click here.
About the Speaker: Jay Wilson is a senior member of Mercer Capital’s Depository Institutions practice and leader of Mercer Capital’s Financial Technology industry team. He is also the author of the new book Creating Strategic Value Through Financial Technology, which provides insight on how traditional financial institutions and FinTech companies can boost innovation and enhance valuation in a complex regulatory environment.
About Mercer Capital: Mercer Capital has the largest bank valuation practices in the nation. We assist banks, thrifts, and credit unions with significant corporate valuation requirements, transactional advisory services, and other strategic decisions. Click here for more information.
In addition to our banking practice, Mercer Capital provides the FinTech industry with corporate valuation, financial reporting, transaction advisory and related services for the payments, technology, and solutions industry sectors. Click here for more information.