Achievers & Accolades

Mahan Honored By Georgia Fintech Association For Career Achievements

By Jenny Callison, posted May 13, 2019
James "Chip" Mahan
James "Chip" Mahan, CEO and chairman of Live Oak Bancshares, was given the Fintech Lifetime Achievement Award at the Technology Association of Georgia's (TAG) Fintech South 2019 conference last month.

Previous recipients of this distinction nominated Mahan, who was "selected for his successful history of founding and leading banking and financial technology organizations," according to a news release.

In bestowing the honor, TAG officials cited Mahan's creation of "an ecosystem of fintech partners to fulfill the bank’s mission of providing customers an unprecedented banking experience through service and technology," the release stated.

"Mahan took Live Oak public in 2015 and the company was ranked #1 on American Banker’s Best Banks to Work For list five years running. He is a founding creator of nCino, the cloud-based bank operating system, that was part of Live Oak Bank until it was spun off into a separate company in 2012."

Also mentioned was the fact that Mahan founded the first internet-only bank, Security First Network Bank. He served as CEO and chairman for S1 Corp., Security First Network Bank’s technology arm.

"Under his leadership, S1 Corporation grew to become a $234 million software and services provider in just six years, averaging more than 200 percent growth year-over-year," the release stated. "At its peak, S1 Corporation had a market capitalization of $7.8 billion. During his term as CEO, Mahan was ranked as one of the 10 Most Influential Personalities in Financial Services by FutureBanker magazine.

"Prior to his venture with Security First Network Bank, Mahan launched Cardinal Bancshares, serving as Chairman and Chief Executive Officer, building it into an institution with $800 million in total assets and taking the company public in 1992."

TAG, a technology industry association, serves more than 35,000 members through regional chapters in Georgia. Its mission, according to the release, is to "educate, promote, influence and unite Georgia’s technology community to foster an innovative and connected marketplace that stimulates and enhances a tech-based economy."

Ico insights


Jim ellis headshot 10311631058

Questions to Ask Before Choosing a Digital Agency

Jim Ellis - Signal
Img 1576c1

Are Growth Stock Valuations Underpinned by Reality?

Eddie Nowell - South Atlantic Capital Management Group
Ch headshot

Beyond the Bench: UNC Wilmington Classroom to cGMP Laboratories

Trending News

In Former Lou's Flower World Spot, Furniture And Mattress Store Opens

Cece Nunn - Jul 15, 2019

CFCC Launches Cybercrime Technology Degree

Christina Haley O'Neal - Jul 15, 2019

Gov. Cooper Visits Dosher Memorial Hospital To Talk Health Care

Cheryl L. Serra - Jul 15, 2019

In The Current Issue

Group Aids Students, Teachers

“Every year, education [funding] gets cut,” said Superintendent Steven Hill, speaking of allocations from the state legislature. “It’s harde...

Report Forecasts Area's Jobs Growth Future

Overall, the state is projected to add more than 389,000 new jobs between 2017 and 2026. The Wilmington region is projected to add nearly 24...

Wave Of Commercial Interest Near The Sea

In recent years, existing residential growth and the potential for more around Pender County’s Topsail Island, including its largest town, S...

Book On Business

The 2019 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!



Power Breakfast - The H Word (June 13, 2019)
2019 WilmingtonBiz Expo Keynote Lunch - CEO, nCino, Pierre Naude`
Health Care Heroes 2018