Visi Money
TLDR
i2c has partnered with The Bank of Missouri to enable fintechs to offer digital financial products and services more quickly. The Bank of Missouri will utilize i2c’s core banking and payments platform to onboard fintech clients and allow them to create customized digital-first financial services. The collaboration aims to address the emerging requirements of fintechs and provide easier access to digital banking solutions.
Banking technology provider i2c has entered into a five-year partnership with The Bank of Missouri (TBOM) to empower fintechs across the US. The collaboration will enable TBOM to offer a full suite of digital financial products and services by leveraging i2c’s core banking and payments platform.
The agreement will allow TBOM to quickly onboard fintech clients and enable these companies to create their own unique configurations of digital-first financial services. This will help fintechs effectively meet consumers’ financial needs. The partnership is focused on addressing the emerging requirements of fintechs to offer easier access to digital banking solutions, including current and savings accounts, loans, credit cards, and reward programs.
Mark Barker, EVP, chief contract services officer at TBOM, praised i2c’s configurable suite of products and reputation in the industry. He stated that with i2c as their strategic platform processor provider, TBOM can deliver a full suite of financial products and services to fintech clients and allow them the flexibility to differentiate themselves against competitors.
i2c’s chief client officer, Serena Smith, emphasized the company’s commitment to providing technology and managed services to BaaS enablers worldwide. Smith expressed excitement about the collaboration and the value it creates for fintechs and BaaS aggregators.
The Bank of Missouri operates a branch network across the state with over $2.8 billion in assets. The partnership aims to address the evolving needs of fintechs and enable them to offer comprehensive and customized digital banking solutions to consumers and businesses.
