Picking Partners: New Rules for Being the Best at Vendor Selection and Due Diligence

9:20 a.m. - 9:55 a.m.
Bankers are working more extensively with Fintech vendors in the small business space. While the opportunities are great, so too are the risks. Bank management needs to develop a rigorous approach to choose the right partner and, at least as important, manage Fintech relationships as they develop and change. This panel discusses the major quantitative and qualitative criteria that banks should consider in vetting a vendor and highlights some of the hidden surprises and issues critical for a successful and ongoing due diligence process.