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NorthOne partners The Bancorp Bank and Galileo Technologies

Wednesday 26 May 2021 13:39 CET | News

NorthOne has partnered with The Bancorp Bank, Member FDIC, to provide banking services to NorthOne’s customer base, and with Galileo Technologies.

NorthOne is a financial technology provider, not a bank, therefore, the banking services are provided by The Bancorp Bank, Member FDIC.

The challenger banking app has eliminated non-sufficient funds (NSF) and overdraft fees, further reducing processing times compared, and is set up to offer a full suite of transaction methods with limits engineered to allow a small business to use their NorthOne Account as their primary bank account.

Through its partnership with The Bancorp Bank, Member FDIC, current and new NorthOne customers will have access to updated account features, including deposit funds from checks through the NorthOne mobile app and invoicing.


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Keywords: partnership, banks, transactions , digitalisation
Categories: Banking & Fintech
Companies:
Countries: United States
This article is part of category

Banking & Fintech