Category: Featured

New York, USA & London, UK – January 14th, 2020 – Today, Bankable, the global architect of “Banking as a Service” solutions, announced a strategic global partnership with Plaid, a data network powering the fintech apps that millions of people rely on to improve their financial lives. The partnership will allow Bankable’s customers the ability to use Plaid’s technology to connect with their users’ bank accounts worldwide. In addition, Plaid customers will gain access to Bankable’s cloud-based banking and payment platform. Bankable designs and seamlessly orchestrates global payment and digital banking services with its extensive integrated partners’ ecosystem. By leveraging Plaid’s API technology, Bankable will further enable quick time to market for its clients. Plaid provides connectivity to 15,000 banks in the US and Europe.

“Like Bankable, Plaid is a fintech enabler providing an infrastructure as a service to power various business cases in lending, personal / business finance, consumer payments. Plaid and Bankable are both focused, since inception, on democratising financial services through technology,” said Eric Mouilleron, CEO and Founder of Bankable “This reciprocal global partnership will help us to provide more services to our respective banking and fintech clients.”

“The infrastructure of financial services was not built for the digital demands of the industry today. Fintech companies and new digital-first banks offer consumers the tools and services they demand, but much of the existing bank technology core infrastructure hasn’t evolved along with these new customer needs,” said Lowell Putnam, Head of Partnerships at Plaid. “Providers like Bankable offer both fintech companies and financial institutions a platform to bring new products to market and meet shifting consumer demands, much more quickly than the legacy infrastructure allows.”

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Notes to Editors:

For further information, please contact:

Sara Malinowsky at Bankable

sara@bnkbl.com / 020 3948 6034

 

About Bankable:

www.bnkbl.com

Bankable is a global digital core banking platform and Banking as a Service provider. We help financial institutions, corporates and FinTechs deploy, orchestrate and operate highly differentiated payment solutions with quick time to market.

• Bankable and Visa announce strategic collaboration within the CEMEA region.
• Bankable opens an office at the Dubai International Financial Center.
• The office will serve 50+ markets in the Middle East & Africa region.

Dubai, United Arab Emirates – November 25th, 2019 – Bankable, the global provider of “Banking as a Service” solutions, and Visa today announced a strategic collaboration within the Central and Eastern Europe, Middle East and Africa (CEMEA) region. Bankable aims to work with Visa to accelerate the digital capabilities of financial institutions’, build and launch digital banks, reduce cash usage and increase Fintech sponsorship in CEMEA. To accommodate this collaboration, Bankable is opening an office at the Dubai International Financial Center (DIFC), which will be Bankable’s Middle Eastern hub.

Bankable’s presence in Dubai will allow the company to engage with the Dubai International Financial Centre, the leading financial centre of the Middle East, Africa and South Asia, comprised of more than 2.000 active registered firms. Bankable will complement and address the already strong fintech ecosystem in the region. The company will look to foster partnerships that enable faster time-to-market and relevant digital banking initiatives.

“Our decision to invest in Dubai is a natural extension for us. Bankable has served prestigious global clients headquartered in Dubai for the last three years. Following our global partnership in April 2019 with Visa, Bankable is committed to increase its alignment with Visa. Not only is Dubai home to global head offices and Visa’s CEMEA base, but some of our existing clients in Europe and North America are now looking to expand in the region. We will be able to support our clients directly and Visa’s CEMEA financial institutions members as well as provide European and US access to UAE based organisations.” said Eric Mouilleron, CEO and founder of Bankable. “Partnering hand in hand with the DIFC, Bankable has the ambition to design, federate and operate a fintech magnet supported by pre-approved regional bank sponsors to facilitate the onboarding of global scaleups and contribute to strengthen the DIFC ecosystem.”

Otto Williams, VP Head of Strategic Partnerships, Fintech & Ventures CEMEA at Visa, said, “Our recent ’Stay Secure’ survey revealed increased preference for digital payments among consumers in the UAE and other key markets in the region. That and the efforts of visionary governments to develop connected cities make it a very exciting time for Visa, as an enabler of the payments ecosystem, to be bringing in new players like Bankable. Our strategic partnership with Bankable represents a great opportunity to further accelerate digital payments innovation in the region, and we look forward to bringing this partnership to our fintechs and bank clients to deliver innovative consumer experiences.”

Salmaan Jaffery, Chief Business Development Officer, DIFC Authority said: “We are delighted to welcome Bankable to the DIFC. Bringing efficiency to the payments industry is a critical piece of DIFC’s FinTech strategy, which provides firms a critical platform for innovation amid the world’s largest remittance corridors.
Investment in FinTech in our region is twice the rate globally so we will continue to support the ‘Banking as a Service’ model pursued by Bankable.
Jaffery added: “Not only will Bankable enjoy being strategically located in the 8th ranked financial centre globally, but DIFC will also provide Bankable access to an international network of strategic partners and financial institutions, reinforcing the DIFC’s commitment to the Future of Finance.”

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Notes to Editors:
For further information, please contact:

Sara Malinowsky at Bankable

sara@bnkbl.com / +44 20 3948 6034

About Bankable:
Bankable is a global digital banking and payments platform. We help financial institutions, corporates and FinTechs deploy, orchestrate and operate highly differentiated payment solutions with quick time-to-market.

We provide an exhaustive range of digital banking and payment solutions under a “Banking as a Service” model. Our core digital banking platform is available in white-label or via APIs, enabling our clients to quickly deploy banking solutions – including digital banking solutions, virtual account solution, payment processing services, card programmes and mobile wallet services. Our client base includes both regulated financial institutions (Banks, Electronic Money Issuers, Payment Institutions, Insurance companies…) and non-regulated global corporates and FinTechs who use our platform and Partner’s Ecosystem to deploy digital banking and payment services and generate new revenue opportunities.

Our motto: “quick time-to-market”
Bankable’s rapid implementation approach enables clients to generate revenues faster, increasing their valuation and attractiveness. By promoting pilot-based-experimentation, Bankable allows its customers to quickly launch, test and validate a new service before moving towards a seamless deployment.

About Visa Inc.:
VISA Inc. (NYSE: V) is the world’s leader in digital payments. The company’s mission is to connect the world through the most innovative, reliable VISA’s secure payment network – enabling individuals, businesses and economies to thrive. Our advanced global processing network, VISANet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of connected commerce on any device, and a driving force behind the dream of a cashless future for everyone, everywhere. As the world moves from analogue to digital, VISA is applying their brand, products, people, network and scale to reshape the future of commerce.

London, UK – 17 July 2019 – Bankable, the global architect of digital banking and payment solutions, is delighted to announce that 10 weeks following the beginning of its partnership with Visa, the first Bankable’s Visa cards are now in clients’ hands.

 

 

Global firms, Banks and Fintechs can now leverage Bankable’s multi-currency platform to launch corporate, purchasing, payroll and travel expenses programmes. Our solutions are available in prepaid, physical and virtual Visa cards.

 

Our API integrations with approved partners mean you can launch Bankable-branded Visa cards in 1 week and custom-designed cards in as little as 4 weeks.

 

Eric Mouilleron, Founder & CEO of Bankable, said: “On April 30 this year, we inked a strategic investment and a global partnership with Visa. On May 15, 2019, we communicated to our clients that our new Visa Corporate card solution will be live on July 10. On July 10, our Visa cards are live and delivered to our clients. Awesome! Visa and Bankable teams worked hand in hand with a strong sense of urgency to respect our clients’ time to market priorities.”

 

PDF release HERE

 

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Notes to Editors:

For further information, please contact:

Sara Malinowsky at Bankable

sara@bnkbl.com  / 020 3948 6034

 

About Bankable:

Bankable is a global digital core banking platform and Banking as a Service provider. We partner with financial institutions, corporates and FinTechs to deploy, orchestrate and operate highly differentiated payment solutions.

Bankable provides an exhaustive range of digital banking and payment solutions under a “Banking as a Service” model. Our core digital banking platform is available in white-label or via APIs, enabling our clients to quickly deploy banking solutions – including digital banking solutions, virtual account solution, payment processing services, card programmes and mobile wallet services. Our client base includes both regulated financial institutions (Banks, Electronic Money Issuers, Payment Institutions, Insurance companies…) and non-regulated global corporates and FinTechs who use our platform and Partner’s Ecosystem to deploy digital banking and payment services and generate new revenue opportunities.

Bankable has successfully delivered projects for demanding tier-1 banks and FinTechs for the last eight years. Bankable’s rapid implementation approach enables clients to generate revenues faster, increasing their valuation and attractiveness. By promoting pilot-based-experimentation, Bankable allows its customers to quickly launch, test and validate a new service before moving towards a seamless deployment and generate new net revenues.

More information on www.bnkbl.com

May 17, 2017 – Paris – Bankable signed a direct strategic partnership with Arkea Banking Services, a European white-label banking pioneer, to power Agency Banking solutions as an additional layer to the Bankable product portfolio. Arkéa Banking Services will provide Bankable’s API banking Platform as a Service access to Euro payment rails – for both retail payments and real-time large-value payments.

Arkéa Banking Services, owned by France-based Credit Mutuel Arkea, will provide its principal member access solution to Bankable – empowering Bankable’s clients with access to Step 2 and Target 2 Euro clearing systems along with the ability to deploy local IBANs* on their own BIC (sort code) in most European countries.

Bankable’s proprietary API based Banking as a Service platform provides turnkey solutions for Challenger Banks with account/card issuance and management, transaction processing, as well as compliance and ancillary services.

The Bankable-Arkéa Banking Services partnership empowers Challenger Bank initiatives originated by Incumbents or FinTechs to focus on their brand, distribution and client acquisition instead of reinventing the “infrastructure wheel”, in turn translating to accelerated time to market.

Bankable has successfully delivered projects for demanding Tier-1 banks and FinTechs for the last six years. Bankable’s speedy implementation approach enables clients to generate revenues faster, increasing their valuation and attractiveness.

By promoting pilot-based-experimentation, Bankable allows its customers to quickly launch, test and validate a new service before moving towards a seamless deployment.

Christophe Bitner, President of the Executive Board of Arkea Banking Services, commented: “We are very excited to partner with Bankable. As a pioneer in white-label banking services, we are thrilled to onboard new FinTech and Incumbents via Bankable. This strategic partnership also fuels our white-label cross-border development strategy in Europe.”

Eric Mouilleron, Bankable’s CEO and founder commented: “We met Ronan Le Moal the CEO of Crédit Mutuel Arkea and his team in 2010, the year Arkea Banking Services was launched. Over the years, we have fostered mutual respect between our two organisations as we both provide white-label infrastructure solutions. Arkea Banking Services connects our API banking platform to Euro payment rails both for retail payments (SEPA credit transfers and direct debits via STEP2) and real time large-value payments (via TARGET 2) engines. As a team, we are now changing speed to welcome and serve the most ambitious FinTech or Incumbents to leverage both Bankable and Arkea Banking Services platforms.”

* The IBAN (International Bank Account Number) is a unique number that identifies a bank account regardless of the bank or country in which this account is held. This standard effectively facilitates cross-border transfers.

About Arkea Banking Services
A subsidiary of the Credit Mutuel Arkéa co-operative banking group, Arkéa Banking Services provides tailored solutions for financial institutions in France and Europe.

Founded in 2010, Arkéa Banking Services is a pioneer in white-label banking services and has become a benchmark player for outsourcing IT systems and banking processes. In today’s environment of financial institutions’ transformation, Arkéa Banking Services draws on the unique adaptability of its approach to underpin the transformation of its clients.

Arkéa Banking Services’ customers include payment institutions (such as Brink’s, Compte Nickel), Allianz Banque for its core banking service, RCI Banque for its Zesto savings account, PSA Banque for its Distingo passbook savings account, and La Banque Postale Crédit Entreprise for the back office processing of medium- and long-term credit for businesses.

For further information, see www.arkea-banking-services.com
@ArkeaBS

About Crédit Mutuel Arkéa
The Crédit Mutuel Arkéa Group encompasses the Crédit Mutuel federations of Brittany and the South-Western and Massif Central regions of France, as well as around twenty specialized subsidiaries (Fortuneo, Monext, Arkéa Banque Entreprises et Institutionnels, Financo, Federal Finance, Suravenir, etc.). With nearly 9,000 employees, 3,500 administrators, 3.9 million shareholders and customers in banking and insurance, Crédit Mutuel Arkéa ranks among the leading financial institutions headquartered regionally.

For further information, see www.arkea.com
@cmarkea

About Bankable
Bankable is an enabler of innovative, global payment solutions providing “Banking as a Service”. Our core account and card management platform is available in white-label or via APIs enabling any regulated or non-regulated organisation to quickly deploy payment solutions – including light banking solutions, payment account & e-wallet services, virtual & plastic card programmes, as well as virtual ledgers and reconciliation solutions. Our client base includes both regulated financial institutions (Banks, Electronic Money Issuers, Payment Institutions, Insurance companies…) and non-regulated global corporates and FinTechs who use our platform to streamline their payments processes and generate new revenue opportunities.

More info on www.bnkbl.com
@wearebankable

For more information, please contact:
CREDIT MUTUEL ARKEA: Florence Eckenschwiller – florence.eckenschwiller@arkea.com (02 98 00 91 01)
BANKABLE: Rashee Pandey, Marketing and Communications Manager – E: rp@bnkbl.com