ICBA Bancard, the payment services arm of the Independent Community Bankers of America (ICBA), has partnered with Urban FT, a New York-based software company, to bring prepaid cards to community banks, the companies said in a press release. The prepaid card market is growing —...
Though estimates can vary depending on source, there are a total of approximately 14,000 banks in the United States – and 92 percent of them have less than two billion dollars of assets. When taken together, these banks control about 20 percent of all deposits. Individually, though, they...
Urban FT Group has announced it is acquiring the business and certain assets of Digiliti Money, which was formerly known as Cachet Financial Solutions. The deal is part of a merger of Digiliti into Urban FT’s affiliate, FinTech Imaging Solutions, expected to be completed on...
A lot can happen in a year. What makes one stand out from another? How shall 2017 go down in the history books? Search Google for “2017: the year of…” and it becomes clear that many have seen this as a year of “death” and...
November 28, 2022
Everything’s digital now, and paper check fraud hails from a bygone age, right? Wrong. Data finds the exact opposite, as the glaring problem with remote check capture is that it leaves the actual paper instrument still out there to be altered or able to be cashed a second time. It’s a problem […]
February 06, 2018
Though estimates can vary depending on source, there are a total of approximately 14,000 banks in the United States – and 92 percent of them have less than two billion dollars of assets....
November 22, 2017
Artificial intelligence (AI) doesn’t walk and talk like C3P0 of “Star Wars” (many would say: “Thank God”). It doesn’t mask murderous intentions with a calming voice like HAL of “2001:...
August 16, 2017
Urban FT has launched a bid for struggling mobile money firm Digiliti. To get a sense of the strategy behind the deal, Karen Webster got an exclusive first look with Urban FT's CEO Richard Steggall about...
March 28, 2019
ICBA Bancard, the payment services arm of the Independent Community Bankers of America (ICBA), has partnered with Urban FT, a New York-based software company, to bring prepaid cards to community banks, the companies said in a press release. The prepaid card market is growing — it’s currently valued at $896 billion but it’s expected to […]
February 02, 2018
Urban FT Group has announced it is acquiring the business and certain assets of Digiliti Money, which was formerly known as Cachet Financial Solutions. The deal is part of a...
August 30, 2017
In the surprise turn of the week in payments and commerce – it looks like the deal between Urban FT and embattled digital financial services firm Digiliti is on hold...
August 25, 2017
Urban FT, an industry leading software as a service (SaaS)-based digital banking platform, has confirmed it is in advanced negotiations with Digiliti Money Group (DGLT) regarding a potential transaction to help DGLT...
