Urban FT Group brings community banks to the mobile era
Urban FT Group, a fintech provider, is launching Community Access, an agent bank programme that delivers financial tools on mobile banking for community banks’ consumer and commercial customers.
American community banks will have a chance to offer modern banking services
Richard Steggall, Urban FT CEO, comments: “With Community Access, community banks can truly compete with the bigger, national banks by offering a product that serves their entire communities with tools, features and support. This programme doesn’t just empower the underdogs, it puts them on an entirely new path when it comes to reach and the ability to serve new demographics.”
The official launch of Community Access is taking place at ICBA Live in Nashville in cooperation with ICBA Bancard, the payment services subsidiary of the Independent Community Bankers of America, and Mastercard.
Heather Schumacher, newly appointed Urban FT COO, will oversee the deployment and support of this programme as it reaches “untapped demographics”. Schumacher is the former COO of Sunrise Banks and comes comes to Urban FT with over 11 years of experience in card issuing, platform operations and programme delivery.
The programme features a managed card service for community banks that includes programme setup and compliance, card issuance and fulfilment, instant account opening and cardholder support.
ICBA member banks can take advantage of special pricing and incentives provided by Urban FT and Mastercard. Additionally, ICBA members will have access to Urban FT’s full suite of digital banking and digital payment services, such as consumer and commercial RDC.
