How they describe themselves: cbanc has pioneered the use of collaboration and social network among financial industry professionals to create a free, secure financial services-centric online community where bank and credit union professionals can ask, answer and share industry-related information – making it the largest repository of banker-authored, board-approved, exam-tested content on the Internet. This virtual free market of intellectual property, containing policies, procedures, agreements, and best practices from every department of a financial institution, has saved banks and credit unions approximately 40,000 hours of work with an equivalent dollar value of approximately $2.5 million in wages.
How they describe their product/innovation: We plan to show how bankers are by-and-large too busy, too risk-adverse and too protective of their efforts to willingly, reliably give away their hard work online to seekers in a discussion forum. However, they will share their intellectual property when the risks are controlled and the right incentives are in place. We’ll demonstrate how this virtual marketplace
- motivates people from every job function to share their best work
- uses points as its currency to incentivize users
- helps financial institutions prepare for exams
- protects members around legal and competitive concerns of sharing.
Bus. Dev.: Myers Dupuy, President, email@example.com, 512-685-2036
Press: Marnie Keller, Channel Sales and Marketing, firstname.lastname@example.org, 202-329-3170
Sales: Hannah Day, Membership Growth, email@example.com, 512-685-2068