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ABA Banking Journal Podcast

Oct 27, 2022

Banks of all sizes access the innovation ecosystem through in-house development, fintech partnerships, acquisitions and venture investment. Huntington Bank does all four. On the latest episode of the ABA Banking Journal Podcast — sponsored by SmartStream — Huntington Bank CFO Zach Wasserman talks about the $100 million Huntington Corporate Ventures initiative to expose the bank to cutting-edge tech and fuel its digital transformation.

In this episode, Wasserman discusses:

  • How Huntington decides when to acquire, partner, invest or some combination of the three.
  • Business lines where HCV is looking to invest: payments, business banking, wealth and consumer mortgage.
  • Details about Huntington’s partnerships with companies like Blend Labs and InvestCloud.
  • How banks can provide value to fintech startups as investors and partners.
  • What banks can learn about the role of due diligence and risk management in venture investing.
  • What’s ahead for Huntington Corporate Ventures, which was launched in 2020 and is now expanding.