Banks as a tool to small business recovery
Banks as a tool to small business recovery
- Nicole NewlinLeadership Team at NYC Fintech WomenNicole serves on the Leadership Team for NYC Fintech Women and hosts their recently launched Podcast Talk of Her Town. Nicole is a solution-driven leader with 20+ years in financial services and start-ups. As VP of Solutions at Ocrolus, Nicole spearheads the entire customer experience solutions architecting to implementation and account management. Previously, she led client operations at Quovo (now Plaid), where she built out the client onboarding strategy and enterprise teams. She has worked on professional development teams, and as a COO, overseeing Operations, IT, and Human Resources in various financial services industries.
- Tina GiorgioPresident and CEO at ICBA BancardChrystina (Tina) M. Giorgio is president and CEO of ICBA Bancard, a digital solution partner exclusively for the nation’s community banks. She joined the company in 2016 and focuses on developing strategies to leverage digital solutions that allow community banks to remain competitive. A former community banker with 25 years of experience, her expertise includes payment systems, digital banking, risk and fraud, vendor management, marketing, and client service. In addition, Giorgio has served on several boards and committees with the Federal Reserve, NACHA, various Fintech companies, and other industry organizations. Tina holds an MBA in Business Management from UMass Amherst and a BS from the University of Maryland University College and completed graduate work at ABA Stonier Graduate School of Banking and the BAI program in Operations and Technology Management for Banking and Financial Services at Vanderbilt University. She has been an Accredited ACH Professional (AAP) since 1993.
- Amee ParbhooManaging Director at Accion Venture LabAmee Parbhoo is Managing Director of Accion Venture Lab, the leading impact investment fund manager for seed-stage inclusive fintech startups. Venture Lab invests capital in and provides support to innovative fintech startups that increase access to, improve the quality of, or reduce the cost of financial services for the underserved at scale. In her current role, Amee drives Venture Lab’s strategy and growth and oversees its investment work and portfolio engagement services. In her tenure with Accion, Amee has managed Venture Lab’s investment activities globally as well as led Venture Lab’s governance and investments in Africa. Prior to joining Accion, Amee was a consultant at McKinsey & Company, worked on new products and technology at SKS Microfinance in India, and advised a range of fintech and financial inclusion enterprises around the world. She has a B.A. from Davidson College and an MBA from The Wharton School at University of Pennsylvania.
- Scott StewartCEO at Innovative Lending Platform AssociationOver the past 20 years, Scott envisioned, designed, built, and operated a variety of organizations to successfully achieve public policy objectives. As the CEO of the Innovative Lending Platform Association, Scott guides the development and expansion of the organization representing online small business lenders. ILPA advances best practices and standards that support responsible innovation and access to capital for small businesses. Under Scott’s leadership, ILPA successfully developed small business financing disclosure legislation in New York and guided it through passage in the legislature. The Governor signed it into law in 2020. Previously, as the Senior Director of FinTech Initiatives for the Financial Services Roundtable, Scott developed and implemented collaborative programs between technology companies and financial institutions to find common ground on technical issues and public policy. He also designed and executed the first FinTech Ideas Festival that featured the world’s leaders at the confluence of finance, innovation and technology and was livestreamed by CNBC. The event included 110 CEOs from the financial services and technology industries and top trended on Twitter.
- Kimberley KirkExecutive Vice President and COO at Queensborough National Bank & Trust CoKimberly Kirk is Executive Vice President, Chief Operations Officer for Queensborough National Bank & Trust Company, a $1.8 billion financial institution based in Louisville, GA. In her role, Kim is responsible for Information Technology, Information Security, Project Management, Business Intelligence, Core Solutions, Deposit, Cash Management, and EFT Operations, Retail Operations, and Product Management. She began her banking career as a bank examiner for the State of South Carolina regulating state-chartered banks and trust companies before transitioning into community banking in 2002. Kim worked with four de novo banks prior to joining Queensborough in various finance and operations capacities. Kim earned her Bachelor’s degree in Business Administration from Furman University, her MBA from Clemson University, and is a graduate of the American Bankers Association’s Stonier Graduate School of Banking. Kim is a member of the ABA Core Platforms Committee, the ABA Community Bankers Council, Immediate Past Chair of the Georgia Bankers Association Operations and Technology Committee, and a member of the Community Bankers Association of Georgia’s Innovation Committee where she is engaged with the Advanced Technology Development Center and Georgia Fintech Academy.
- Maria GotschPresident and CEO at Partnership Fund for NYCMaria Gotsch is President and CEO of the Partnership Fund for NYC, the investment arm of the Partnership for NYC. The Fund, which has invested over $170 million, has built a network of top experts from the investment and corporate communities who help identify and support the city’s most promising entrepreneurs in both the for-profit and non-for profit sectors. Maria has also spearheaded the creation and operation of a number of the Fund’s strategic initiatives, including: FinTech Innovation Lab; New York Digital Health Accelerator; Transit Tech Lab; NY Fashion Tech Lab; NYCSeed (seed financing for IT/digital media companies); BioAccelerate Prize NYC; Arts Entrepreneurial Loan Fund (low cost loans for mid-size arts groups); and ReStart Central and Financial Recovery Fund (funding for small businesses impacted by 9/11). Before joining the Fund, Maria was a Managing Director at BT Wolfensohn, providing strategic and financial advice related to mergers, acquisitions, dispositions, joint ventures and the development of business strategies. Before starting with Wolfensohn, Maria worked at LaSalle Partners and for Merrill Lynch Capital Markets. She was also the recipient of a Fulbright Fellowship to study international relations at the Institut Universitaire de Hautes Etudes Internationales in Geneva, Switzerland. Maria is a member of the boards of Sonepar SAS and Sonepar USA Holdings and serves on the audit committee of Sonepar SAS. She also serves on the advisory boards of ProPublica (investigative journalism non-profit), Schools That Can, Columbia University’s Lang Fund, Hospital for Special Surgery Innovation Advisory Council and the Cornell-Tech Runway Visiting Committee.
Where financial institutions might have left SMEs behind during the pandemic, Fintechs have filled the gap. Offering solutions for their urgent digital demands.
Banks and Fintechs have to team up to identify small business needs and offer more suitable solutions.
A key problem among SMEs is the lack of digital tools that can be built upon according to the necessity
Helping SMEs transition to the digital economy demands simple tools.