From Cultural to Digital Transformation: Aligning Incentives and Exploring New Products

For a long time, banks didn't fully understand the value fintechs provide.   As partnerships with fintechs have grown, banks are experiencing that value firsthand, and they've also discovered an economic model that is a win-win for both.  In this episode, Matt Deines, President & CEO at First Fed, shares how he vets potential partners and how he ensures that the economics are aligned so that everyone can benefit.  We discuss: -Why digital transformation starts with mindset -First Fed’s fintech partnership journey -How to align financial incentives in a bank-fintech partnership -Ways to better target customers across the credit spectrum To hear more from Leaders in Lending, check us out on Apple Podcasts, Spotify, or on our website. Listening on a desktop & can’t see the links? Just search for Leaders in Lending on your favorite podcast player.