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Embracing fintech led to trouble for one small bank. So did the aftermath.

American Banker

Blue Ridge Bank in Virginia changed course after its rapid growth in the fintech partnership business landed it in hot water. But the path back to a traditional community banking model is also proving to be bumpy.

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Blue Ridge Bank's CEO describes plan to get out of the penalty box

American Banker

Billy Beale joined the small Virginia bank in May, several months after its fintech partnership strategy landed it in hot water with regulators. There's still a lot of just blocking and tackling that we've got to do to get the bank to work the way it's supposed to," he says.

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2021 GonzoBanker Awards

Gonzobanker

A few years ago, very few people would have guessed that tens of billions of dollars would be invested in fintech vendors and solutions annually – except it happened. 2021 fintech investments, merger activities, and overall focus were off the charts. Best Fintech Acquisition by a Bank. Fintech Acquiring Bank.

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