Bank Director recently released a new report to provide U.S. financial institutions a roadmap on working with technology companies.

Using Bank Director’s online platform, FinXTech Connect, the report highlights the names of fintechs who report at least 100 U.S. financial institution clients.

Built specifically for banks, FinXTech Connect is a curated, online directory of technology companies that are strategically partnering with financial institutions. The online directory was developed in 2019 and now includes more than 400 technology companies.

Through FinXTech Connect, Bank Director said its team includes only qualified technology companies identified by Bank Director as “bank-friendly,” with a proven history of financial performance and an existing roster of bank clients.

Solutions include lending platforms, payment processing applications, security, data analytics and more.

Bank Director president Michelle King said this new report provides clear direction on how banks can improve efficiency, customer relationships and facilitate growth and in a way that mitigates risk.

“It has always been our core focus at Bank Director to educate senior leaders and members of the board of financial institutions nationwide, and we believe FinXTech Connect and this new roadmap guide is a unique product given that Bank Director hand selected and vetted every technology company and solution to ensure they have a proven track record of working with financial institutions,” King said in a news release.

“This in turn allows banks to easily identify qualified partners to grow market share and gain efficiencies through new innovations,” King added.

FinXTech Connect includes the following features:

—Guided search function to allow banks to easily find solutions

—In-depth written profiles on fintech companies working with U.S. banks

—Access to key technology leaders and contact information

—Product features, pricing models and core processor capabilities

—A sample client list and testimonials from financial institutions

—Ability for bank users to save company profiles for future reference

“Thirty-five percent of bankers responding to the Bank Director’s 2022 Technology Survey say they are concerned with their bank’s ability to identify technologies that would help grow their bank and 48% worry their team has an inadequate understanding of how emerging technology could impact their bank. We believe this new resource guide will provide banks the information they need to make strategic decisions to grow their institution,” Bank Director editor in chief Naomi Snyder said.

The report titled, “Finding Fintechs: A Choose Your Own Adventure Guide,” can be found via this website.

For banks looking to engage in this new online platform, contact Bank Director’s vice president of bank services at jwall@bankdirector.com.

For technology companies who would like to be interviewed and considered for FinXTech Connect, contact Ambrose Delahoussaye, FinXTech research & marketing associate, at adelahoussaye@bankdirector.com.