Digital Banking

Urban FT Launches New Workshop Management Portal

FinovateFall 2016 is already shaping up to be the ground zero for big announcements. And one of note is Urban FT’s new Workshop management portal.

Hinging on the mission to streamline digital banking programs, financial technology firm Urban FT is using Finovate as a launchpad to announce its Workshop management portal, enabling financial institutions to craft and launch their own custom digital banking programs. The “breakthrough technology” intends to speed up efficiency and circumvent developers; the banks can use these programs to make real-time dynamic changes to branding, accessibility features and functionality.

Richard Steggall, CEO of Urban FT, said the mission of the Workshop management portal is to help smaller and mid-sized banks maintain footing in competition among their larger counterparts and to reinforce the value of their brands by making them integral to their customers’ lives. The Workshop management portal allows banks to seamlessly meld what consumers need, like banking functions and advice for money management, with personal preferences, such as social interactions and ways to save money.

“Small and mid-sized financial institutions continue to face the steep challenge of how to create the competitive advantage that will enable them to capture and keep today’s digital-first customers,” said Steggall.

Urban FT is known for offering compelling white-label digital banking platforms, expanding meaningful engagement with customers.

The Urban FT Workshop management portal aims to provide an affordable tool to help banks — no matter their size, sophistication or current capabilities — connect with their target market and consumer segment.

The Workshop portal functions to increase efficiency and improve the functionality, appearance and availability of resources for client banks. Increased functionality includes the option to select more than 17 mobile banking features, from intrabank transfers to check deposit and real-time notifications. Choosing new color schemes, logos and branding is an option through the enhanced appearance options. The Workshop portal also includes a vast range of payment offerings to make a customized mobile app that can be submitted to the Apple App Store or Google Play Store.

Urban FT said all of these enhanced elements can be deployed by the individual banks quickly, almost in real time.


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