Bankable Visa Corporate Cards Live.

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

Banking-as-a-Service Pioneer Bankable and Visa Enter Strategic Partnership to Accelerate Digital Banking Solutions

  • Bankable’s modular, real-time Banking-as-a-Service infrastructure improves speed-to-market for financial institutions adding new digital services.
  • Visa makes strategic investment to support the deployment of Bankable’s solutions to Visa’s clients and partners.

LONDON, UK – 30 April 2019 – Bankable, the global provider of “Banking as a Service” solutions, today announced a strategic partnership with Visa (NYSE: V) to enable financial institutions and banks to access real-time and modular banking solutions worldwide. Visa has also made a financial investment in Bankable.

The partnership will allow Visa members to obtain access to Bankable’s platform to help them deploy digital banking and real-time payment services. The ability to use the platform alongside existing IT and operational landscape facilitates a short time to market. With its extensive integrated partners’ ecosystem, Bankable can support and seamlessly orchestrate global payment services, leveraging VisaNet to extend its existing international payment and banking solutions.

Bankable enables innovation without disruption as its platform does not interfere with established systems and allows clients to replicate and orchestrate their processes and operating requirements. A recurring challenge for banks, corporate entities and FinTechs is access to digital solutions, and technology that provides flexibility for them to rapidly iterate. Bankable’s platform addresses these challenges with its flexible model, allowing organizations of all sizes to operate digital banking services with no disruption to their systems and processes.

Eric Mouilleron, CEO and Founder of Bankable, said: “Bankable is proud to join the Visa global family. We are already at work with Visa’s existing partners. Visa’s support of Bankable’s vision, team and technology means a lot to us. We also found a strong cultural alignment with Visa in terms of business approach, speed and appetite to partner with clients to deliver the banking of the future. In addition to Europe, we will open three markets in the next 12 months (North America, Latam, MENA) to leverage relevant opportunities globally and help our European and US fintech clients expand.”

“Visa’s investment in Bankable is another example of the strategic partnerships we are making in companies to help clients deliver improved customers experiences faster and easier than ever, “said Bill Gajda, global head, strategic partnerships and innovation, Visa. “The ecosystem is growing and innovating at the speed of light, and the Banking-as-a-Service model enables financial institutions and fintechs to be more agile in this ever-changing market. Our strategic partnership with Bankable will support our clients as they continue to adapt to an evolving landscape.”

Zelig Associates advised Bankable on the transaction.

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Notes to Editors:

For further information, please contact:

Sara Malinowsky at Bankable

sara@bnkbl.com  / 020 3948 6034

Renny Popoola at Visa

renny.popoola@visa.com / 020 7795 5256

 

About Bankable:

 

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 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.

Our motto: “quick time-to-market”

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.

More information on www.bnkbl.com

Bankable partners with Starling Bank to provide UK Agency Banking access to its clients

Money 2020, Copenhagen, June 28, 2017 –

Bankable signed a direct strategic partnership with Starling Bank, one of the UK’s leading challenger banks, to provide real-time Faster Payments.

Bankable will integrate its Banking as a Service platform with Starling’s state of the art API set.

Bankable’s proprietary API based Banking as a Service platform provides turnkey payment solutions with account / card issuance and management, transaction processing, as well as compliance and ancillary services. The partnership will allow clients to send and receive Faster Payments all in real-time through Starlings API.

The Bankable-Starling Bank partnership complements Bankable’s existing relationship with Arkea Business Service providing access to Step 2 and Target 2 Euro clearing systems. This partnership will provide a turnkey solution for ambitious cross-border Challenger Bank initiatives originated by Incumbents or FinTechs. Our clients will be able 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.

Julian Sawyer, Starling Bank COO, commented: “We are very excited to partner with Bankable. This partnership will allow their customers to access the Faster Payments infrastructure and to complete payments all in real-time. Bankable have a strong presence within the European banking market with their innovative payment solutions enabling a complete Banking as a Service model. We believe this partnership will continue to improve the experience for customers and continue to drive innovation within the financial ecosystem”.

Eric Mouilleron, Bankable’s CEO and founder commented: “We have followed Starling Bank since their inception. We decided to partner with Starling Bank immediately after they became the 13th UK Faster Payment member in January 2017. Starling Bank is different from other Challenger Banks as they started by building a strong back end and are led by former bankers who have contributed to different banking innovation waves over the last 30 years along a strong diverse team. We are excited to partner with a technology focused and client centric Bank who delivers real-time access to payment schemes, as opposed to the file-based systems made available by Incumbent Banks.”

About Starling Bank

Starling Bank Limited was founded in 2014 and granted its licence in July 2016 by the UK’s Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). Starling Bank is a mobile only bank offering current accounts within the UK. Starling Payment Services is a new division within Starling Bank, focused on providing payment solutions to organisations. The division is run by Julian Sawyer, Starling Bank’s Chief Operating Officer. Starling Bank offers connectivity to all the main payment schemes within the UK, which include Faster Payments, BACS and Master Card Issuance.

Website: https://www.starlingbank.com/paymentservices/

Linkedin: https://www.linkedin.com/showcase/11118750/

About Bankable

London based 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:
BANKABLE: hello@bnkbl.com

Bankable partners with Arkea Banking Services to power Agency Banking

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

Bankable exhibits and pitches at HM Treasury’s International FinTech Conference

Bankable exhibited at the HM Treasury’s first International FinTech Conference hosted at Old Billingsgate. Bankable was chosen as amongst the top 100 UK FinTech firms to exhibit at the event, and as amongst the top 14 FinTechs to pitch. Our Marketing and Communications Manager, Rashee Pandey, pitched our Banking as a Service offering under 3 minutes. Bringing together the entire FinTech ecosystem together and especially investors, the event’s aim was to attract more investment into the UK’s world-leading FinTech sector. Visit the website for more information here.

Invstr Interviews Eric Mouilleron in the World Economic Forum in Davos

“In China, Fintech is dominant, owns the end client and incumbents have become the rails. Alibaba’s Ant Financial alone serves 450 million clients with 120,000 transactions per second,” said Eric Mouilleron at the World Economic Forum in Davos. Spot Eric at 4 minutes into his interview with Investr. Watch the interview here.