HuLoop Selected for ICBA ThinkTECH Accelerator
Intelligent Automation Leader to Join Sixth Cohort to Develop AI-Driven RPA and Automation Solutions for Community Banks
Auburn, Calif. (Dec. 7, 2023) — HuLoop Automation (HuLoop), an emerging intelligent automation software leader, announced today its selection to the Independent Community Bankers of America’s (ICBA) ThinkTECH Accelerator program, which kicks off January 8, 2024, in Atlanta.
The sixth cohort selected for ICBA’s ThinkTECH Accelerator program was handpicked for its community bank-focused offerings primed to support several critical community bank needs, including analytics, automation, and compliance. This is the first of two planned accelerator programs for 2024 as part of ICBA’s shift to year-round programing and increased investment in ThinkTECH initiatives to support continuous development and advancement of community bank innovation.
“As an Innovation leader in the financial technology sector, HuLoop is thrilled to participate in the ICBA ThinkTECH accelerator, which is a vital source of community banking since 2019,” said HuLoop President and CEO Todd Michaud. “By leveraging AI-powered intelligent automation, HuLoop enables community bankers to streamline and solve real-world problems and pain points — from rising labor and operation costs to talent scarcity to a more efficient customer experience.”
By harmonizing human interactions and experience with AI, HuLoop’s no-code unified automation platform allows community bankers to automate and streamline processes while providing better decisioning and governance. HuLoop is committed to making automation radically simple, fast and affordable for community banks.
Since its inception, the ICBA ThinkTECH Accelerator has connected the most innovative fintech companies with more than 1,400 community bankers and industry leaders — identifying and designing workable solutions that solve for today’s modern banking needs. Participants receive mentorship from a distinguished network of industry stakeholders through an immersive 10-week bootcamp and present their refined offerings to community bank executives during a demo at ICBA LIVE 2024 in Orlando.
“We are very pleased to have HuLoop join us as a member of our latest ThinkTECH accelerator cohort,” ICBA Executive Vice President and Chief Innovation Officer Charles Potts said. “Today’s community banks are often challenged by inefficiencies in their internal legacy processes and the demand for more digital interactions. AI-driven technologies that can help automate and streamline these areas could offer an attractive solution.”
ABOUT HULOOP AUTOMATION
Based in the Sacramento, California area, HuLoop Automation serves enterprises who are digitally transforming their businesses to maximize human productivity and improve customer experience, all while leveraging existing technology investments. HuLoop has built a unified automation platform to help enterprises automate manual, mundane tasks, so their human talent is able to spend time on higher value work. Our AI-based, codeless, Human-in-the-Loop software eliminates mind-numbing work, saving our clients’ money and improving employee satisfaction. Learn more at www.huloop.ai and follow HuLoop on LinkedIn, Facebook and Twitter.
The Independent Community Bankers of America® has one mission: to create and promote an environment where community banks flourish. We power the potential of the nation’s community banks through effective advocacy, education, and innovation.
As local and trusted sources of credit, America’s community banks leverage their relationship-based business model and innovative offerings to channel deposits into the neighborhoods they serve, creating jobs, fostering economic prosperity, and fueling their customers’ financial goals and dreams. For more information, visit ICBA’s website at icba.org.