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Tag: banking as a service

  • Omniwire Announces Official Launch of Its ‘Banking as a Service’ Platforms and Products

    Omniwire Announces Official Launch of Its ‘Banking as a Service’ Platforms and Products

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    The next-generation fintech now offers core banking, issuer processing, and card issuing services.


    NEW YORK, August 14, 2024 (Newswire.com)
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    Omniwire, a leading next-generation fintech company, announces the official launch of its platforms and products with a suite of core banking, issuer processing, and card issuing services that allow financial services, fintechs and enterprises to go to market quickly and efficiently.  

    Omniwire’s mission is to create proprietary and innovative core banking, issuer processing, card issuance and embedded finance solutions that provide clients seamless integration and aggressive go-to-market strategies.  

    Omniwire presents those solutions – core banking, issuer processing and card issuing services, with a demand debit account (DDA) and debit card – to the world. 

    “We are proud to unveil this slate of unparalleled solutions that will deliver on Omniwire’s promise to reshape the digital payments landscape,” said Omniwire CEO Serge Beck. “This is just the beginning of our innovative industry-leading products and solutions.”  

    Omniwire designed its comprehensive array of secure, cloud-based and patented technology to streamline processes and drive improved efficiency, providing financial institutions, fintechs and enterprises with aggressive go-to-market strategies. Omniwire is built on a Cloud-based infrastructure to support Business-to-Business, Business-to-Consumer, Consumer-to-Consumer, and Consumer-to-Business transactions. 

    The services include:  

    Core banking is an advanced core banking platform designed to streamline and optimize all critical payments operations and maintenance of customer accounts and financial records in real time across digital touch points. It enables financial institutions to deliver streamlined banking services and integrate seamlessly with existing systems. 

    The core products and features of the platform include card processing, ACH transaction processing, a virtual wallet ledger, and various fintech products. Key features of the platform include a modular and modern microservice architecture, ensuring scalability and ease of integration.  

    The core banking platform utilizes a cloud-based Infrastructure as a code approach, which allows for the quick deployment of production-ready environments. Its event-driven architecture provides a real-time experience across all levels of the system. Lite Core Banking deploys within days and is a cost-effective, flexible, and modular solution. It is available as a white-label product, providing everything needed for a fintech to start operations. 

    Issuer processing seamlessly integrates card management, efficient transaction authorization systems, card-to-card and account-to-account transfers, and advanced security features. Omniwire’s issuer processing facilitates a wide range of use cases.  

    The Omniwire issuer processing platform delivers end-to-end card management and transaction authorization services with advanced security features for financial institutions, fintechs and enterprises. It delivers end-to-end card management and transaction authorization services with advanced security features. Integration with the agnostic Omniwire platform via its open API architecture allows clients to focus on their go-to-market strategy, reduce costs and more quickly attain profitability. 

    With an agnostic API-based system, Card issuance provides a seamless, scalable solution to launch and manage card programs, including debit, credit, prepaid, physical, virtual and tokenized cards. Omniwire’s solution is highly customizable, allowing clients to tailor card products unique to their needs.  

    “Omniwire is more than just a technology frontrunner and financial services provider,” Beck said. “We are a partner for financial institutions, fintechs, and enterprises seeking a single gateway for multiple instant payment systems.”  

    For more information, please visit https://www.omniwire.com.  

    About Omniwire  

    Omniwire is a leading next-generation fintech company specializing in core banking, issuer processing and card issuing services. Its comprehensive suite of secure, cloud-based, patented technology streamlines processes and drives improved efficiency, providing clients with seamless integration and aggressive go-to-market strategies.  

    Source: Omniwire

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  • Unbanked Launches Cryptocurrency Card Program in the UK and Other European Countries

    Unbanked Launches Cryptocurrency Card Program in the UK and Other European Countries

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    Press Release
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    Nov 30, 2022 08:45 EST


    NEW YORK, November 30, 2022 (Newswire.com)
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    Today, Unbanked Inc. has opened its cryptocurrency card program to eligible residents in the U.K. and parts of Europe. Unbanked Inc., a global fintech company connecting traditional banking products with blockchain, has partnered with Moorwand to provide card services allowing consumers to spend their digital assets through this approved program. Residents of the United Kingdom and other European countries can register their interest for a user account at Unbanked.com, deposit their cryptocurrency and, subject to approval, get a card for spending their digital assets.

    Unbanked card holders can use 15 different cryptocurrencies to fund their user account, including BTC, ETH, UNI, XLM, and UNBNK. Cryptocurrency funds are linked to a crypto-backed card, issued by Moorwand, so users can convert cryptocurrency to fiat in real-time at merchants where cards are accepted. The card provides a unique set of financial, payment and crypto services that improve the accessibility and utilization of digital currencies for cardholders. 

    “We have worked for over two years on building this exciting solution to make the Unbanked Card available to interested users in Europe,” said Daniel Gouldman, Co-Founder and Co-CEO of Unbanked. “It’s great to know with this launch, we will be able to provide residents in the U.K. and parts of Europe access to one of the most innovative crypto-powered cards in market.” 

    Founded in 2018, Unbanked serves hundreds of thousands of customers and is backed financially by a community of investors who are also users of the product. Unbanked prides itself on security, privacy and compliance, and is designed to accelerate the global adoption of cryptocurrencies through its platform. 

    Unbanked’s infrastructure is used by Web3 brands like Litecoin Foundation, Nexo, StormX, Stacks, and other leading companies in the crypto space.  With this expansion, all Unbanked partners will have the opportunity to open their card programs to residents in the U.K. and parts of Europe.  

    About Unbanked: 

    Unbanked is a global fintech solution built on blockchain. Predicated on the ethos that financial access and control is a fundamental human right, Unbanked connects traditional enterprise, fintech, and banking systems with blockchain infrastructure, expanding the utility of cryptocurrency for investing and everyday purchases. The company has a suite of highly bespoke financial products which enable both the banked, unbanked, and underbanked to create a financial experience as unique as the life they live.

    You can learn more about Unbanked at Unbanked.com or by following them on social media (https://linktr.ee/UnbankedHQ)

    About Moorwand:

    Moorwand is a regulated electronic money institution authorized and licensed to issue electronic money and provide payment services throughout the U.K. and, via Agency agreement, in the EEA.

    Source: Unbanked

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  • Blockchain Powered Fintech Company, Unbanked, Ranks No. 327 on the 2022 Inc. 5000 Annual List

    Blockchain Powered Fintech Company, Unbanked, Ranks No. 327 on the 2022 Inc. 5000 Annual List

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    Press Release
    –

    Aug 16, 2022


    NEW YORK, August 16, 2022 (Newswire.com)
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    Today, Inc. revealed that Unbanked, a blockchain-enabled fintech company well known for its crypto debit card platform, has been ranked No. 327 on its annual Inc. 5000 list. The Inc. 5000 list is the most prestigious ranking of the fastest-growing private companies in America and represents a one-of-a-kind look at the most successful companies within the economy’s most dynamic segment — its independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000. 

    “I am thrilled that Unbanked is ranked number 327 on the Inc. 5000 list and broke into the top 7% of companies in our very first year,” said Ian Kane, CEO & Co-founder of Unbanked. “It’s not only a testament to the hard work the entire Unbanked team has put in over the past four years, but an example of how quickly the digital asset space is growing and the need there is for a product like ours for consumers wanting to make cryptocurrency-enabled payments.”

    Companies like Unbanked on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Among the top 500, the average median three-year revenue growth rate soared to 2,144 percent. Together, those companies added more than 68,394 jobs over the past three years. 

    Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, which will be available on August 23. 

    “The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” says Scott Omelianuk, editor-in-chief of Inc. “Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today.” 

    Unbanked is the leading provider of white-label cryptocurrency payment cards and other crypto-friendly banking services built on blockchain, allowing for easy on and off ramps for digital currencies. Unbanked’s card issuing platform empowers crypto-focused foundations and businesses to create and scale fully customized payment cards using digital assets as a means of funding. Powered by APIs, Unbanked gives its B2B partners the ability to create fully customized payment experiences, on-ramps to digital assets, and a streamlined experience to end users.

    Approximately two weeks remain for those interested in investing in Unbanked. The general public has the opportunity to invest in Unbanked’s current equity round on Republic for as little as $150. Learn more about investing in Unbanked now. 

    CONTACT: 

    marketing@unbanked.com

    About Unbanked 

    Unbanked is a global fintech solution built on blockchain. Predicated on the ethos that financial access and control is a fundamental human right, Unbanked connects traditional enterprise, fintech, and banking systems with blockchain infrastructure, expanding the utility of cryptocurrency for investing and everyday purchases. The company has a suite of highly bespoke financial products which enable both the banked, unbanked, and underbanked to create a financial experience as unique as the life they live. You can learn more about Unbanked at Unbanked.com or by following them on social media (https://linktr.ee/UnbankedHQ).

    About Inc. 

    The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels, including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.

    Source: Unbanked

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