The relationship between FinTechs and banks has significantly evolved in the past ten years, from a competitive stance to beneficial partnerships. We recently presented at the 2021 Tennessee Bankers Association Annual Meeting, discussing the rapid emergence of FinTechs and how banks are finding opportunities to collaborate with FinTechs and use new technologies to better serve their customers, improve their operations, and in some cases, add to their bottom lines.

Our presentation highlighted FinTech's lead in innovation, the shift in banking technology, the opportunity it holds, and how banks and FinTechs can develop mutually beneficial relationships.