[We] are in favor of fintech partnerships … And we’re also in favor of developing technology and being entrepreneurial on the bank side.

Jelena McWilliams | FDIC Chairperson, April 24, 2019

Banks need fintech and fintech need banks.

Hugues Delcourt | CEO, BIL

By lowering the barrier to create new digital currency applications, we’ll see an explosion in the number of ideas tried.

Brian Armstrong | CEO, Coinbase

Technology innovations will be the heart and blood of the banking industry for many years to come and if big banks do not make the most of it, the new players from fintech and large technology companies surely will.

David M. Brear | Partner, Think Differently Group

The biggest opportunity that fintech provides that I’m excited by is the opportunity for financial inclusion … there’s tremendous opportunity that new technology and new ways of unlocking liquidity in the financial system allow for access, allow for growth in these areas.

David Shrier | CEO, Distilled Analytics

Blog

Posted September 9th, 2020

Innovation Through Times of Crisis

Falls Fintech was featured on Currency Cloud’s podcast. Listen as they talk about innovating through a crisis. The three guests are: Nikkee Rhody, SVP at Falls Fintech and VP – Product Development & Marketplace Strategies at Central Payments. Fonta Gilliam, CEO at Invest Sou Sou. Rishi Chand, Account Manager at Mastercard. Listen to the full …

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Posted June 30th, 2020

Falls Fintech Accepting Applications for Cohort 2 through July 3

SIOUX FALLS, S.D., June 28, 2020 /PRNewswire-PRWeb/ — Falls Fintech, the fintech accelerator founded by Central Payments in 2019, is accepting applications for Cohort 2 through Friday, July 3, 2020. The program will operate virtually from August 10 to October 30, 2020. Interested early-stage fintechs can apply at https://www.fallsfintech.com. Eligibility: …

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Posted June 24th, 2020

Central Payments Celebrates Completion of Inaugural Falls Fintech® Cohort

DELL RAPIDS, SD, June 19, 2020 /24-7PressRelease/ — When Central Payments formed its first-of-a-kind Falls Fintech accelerator in late 2019 and brought the inaugural group of five promising fintech founders together in Sioux Falls, South Dakota, just four months later, it was hard for co-founders Nikkee Rhody and Trent Sorbe …

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Posted March 5th, 2020

Falls Fintech Spring 2020 Cohort Announced

CENTRAL PAYMENTS ANNOUNCES INAUGURAL FALLS FINTECH COHORT Top FinTech Companies Set to Join Spring 2020 Accelerator Program March 5, 2020 (Sioux Falls, SD) – Central Payments today announced the first group of companies that will join the Spring 2020 cohort for Falls Fintech, its business accelerator program geared towards early-stage …

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Posted February 13th, 2020

Press Release: Falls Fintech Advisory Board

FALLS FINTECH ANNOUNCES INAUGURAL ADVISORY BOARD Group will advise Central Payments’ new fintech accelerator launching on March 9, 2020 (Sioux Falls, SD) Central Payments announced today its seven-member advisory board for Falls Fintech, the organization’s early-stage, onsite accelerator for upstart financial technology companies. Nikkee Rhody, Falls Fintech Managing Director and …

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Posted December 4th, 2019

Organization Focus: Falls Fintech

via StartUp Sioux Falls The state’s first fintech accelerator will kick off its inaugural 10-week program in March 2020, welcoming a cohort of five early-stage businesses to Sioux Falls. Falls Fintech was formed in 2019 as a subsidiary of Central Payments, the payments division of Central Bank of Kansas City. Based in Dell …

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Posted December 4th, 2019

The Last Mile for Fintech Start Ups is in Sioux Falls

via Power of Prepaid Podcast In the latest episode of the Innovative Payments Podcast, the founders of the Falls Fintech Accelerator talk about how they plan to help financial start-ups move from being an idea in development to being a product in market. Nikkee Rhody and Trent Sorbe, the founders …

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Posted December 4th, 2019

Falls Fintech with Trent Sorbe

via Tearsheet Smaller financial institutions are finding a way to compete in a world of too big to fail banks. The Central Bank of Kansas City is an interesting case study. The bank is one of a small number of FIs in the US certified by the Treasury as a …

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