community bank blockchain alliance

Alloy Labs is an innovation consortium created for and by community and mid-sized banks. It provides a platform for its member institutions to work together on technology and innovation strategy, reducing risks and costs associated with research and development. The organization operates several "Centers for Innovation," including a Blockchain Council (which embodies the "Community Bank Blockchain Alliance" concept) and a Payments Center, to explore emerging technologies and develop shared solutions. Through collaboration and a related venture fund, Alloy Labs helps smaller banks stay competitive by gaining access to cutting-edge fintech solutions and expertise.