Alloy Labs published a full-fledged study from an internal discussion that included interesting insights and warnings.

Alloy Labs is an ecosystem of community and mid-size banks working together to develop insights that drive partnerships, product development, and strategic investments to better serve evolving customer needs and win in a rapidly changing world. ​ •The Alloy Labs Alliance is a consortium of banks from across the country with combined assets totaling nearly $500 billion, giving members the insights and resources of a top 10 bank •The Alloy Alchemist Fund is a strategy-led venture capital fund where banks gain inside access to game-changing fintech companies who are reinventing, not just replumbing the industry • The Alloy Labs Institute applies industry-leading best practices, tools, and frameworks to help leaders counter disruption risk and unlock new sources of growth through custom programs and advisory We aggregate insights from every node, and each hub is a force-multiplier, creating powerful network effects for the entire ecosystem. We’ve created infrastructure initiatives including a payments company, a fraud fighting cooperative, and a digital identity consortium. Our accelerator program focuses on how startups and banks can partner for mutual benefit rather than company building. Almost all startups sign at least 1 bank partner before the program ends and most see significant acceleration in the first 6 months.

Founded 2015