31. John Schulte, CIO, Mercantile Bank of Michigan What, you haven’t heard of MercBank? It was only the first bank to partner with PayPal for P2P payments and Bill.com for billpay. Schulte is a believer that banks must partner with startups to succeed, and further believes that community banks’ freedom to act can make them better innovation partners than the big guys. MercBank offers a full suite of mobile offerings and is exploring new ways to bring in Gen Y customers through innovative social media offerings and partnerships with a local university. 32. Frank Mastrangelo, President & COO, The Bancorp Bank Frank Mastrangelo has worked in banking since the early 1990s. At the helm of The Bancorp, he is the man behind the bank behind some of the most innovative financial services companies on the market today. As a private label bank, The Bancorp’s name recognition is only strong among those in the know. The company provides banking services to more than a hundred companies ranging from prepaid cards such as that offered by PayPal, debt-solution companies like Smarterbank, and even bank account alternatives such as Moven and Simple. 33. Iker Marcaide, founder, peerTransfer PeerTransfer is a solution for the [...]
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