Posts tagged Celero Commerce
Community Banks Threatened by Fintech? I See It Differently.

As I look across the banking industry, I often see trends that I find disturbing. Over the last few years, I’ve observed a widening gulf in the amount of deposits that community banks attract versus the loan dollars they generate, mostly to small businesses.

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Integration Is Great for Partners, Too

We normally speak of integration with regard to helping small and mid-sized merchants get a competitive edge, by merging payments with SaaS solutions, analytics, and other tools for financial management, operations management, and business-building. And while we are laser-focused on developing the ultimate one-stop commerce solutions shop for SMBs, that doesn’t mean we’re not looking for similar synergies for our partner institutions, chief among them community and regional banks.

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The Power of Partnership

I focus my role on something that’s even more foundational, and I’m pleased to tell you that what’s behind every great integration is a great partnership, whether it’s a collection of brands like UMS Banking, Elmhurst, Tandem, and RazorSync, or you’re talking about partnerships of the external, strategic variety.

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The Importance of Empathy

I’ve reached a place in my career where I choose the people I work with, whether it’s our employees, our strategic partners, or the kinds of customers we bring in to Celero. That’s not something to be taken lightly, and while that’s an incredible place to be, it comes with a high price.

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