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UMB Institutional Banking offers Banking as a Service solutions to fintechs

Tuesday 14 July 2020 13:23 CET | News

UMB Bank, a subsidiary of UMB Financial Corporation, has advanced its phased approach to being a ‘one-stop shop’ of Banking as a Service (BaaS) offerings for banks and fintechs.

UMB Financial Corporation is a financial services company headquartered in Kansas City, Missouri. Recently the bank has also teamed up with Unifimoney, a fintech venture that integrates and automates saving, spending, and investing. UMB’s BaaS offerings allow Unifimoney and other fintech partners to offer banking products and services at scale, all under their brand name. UMB also provides regulatory and compliance expertise.

Other services provided include core platform, real-time account opening, account types – individual, joint, trust accounts, FDIC sweep, check services, debit card, ACH, wires, statements, tax documents, remote deposit, bill pay, etc.


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Keywords: check services, debit card, ACH, wires, statements, tax documents, remote deposit, bill pay, BaaS, UMB Bank
Categories: Banking & Fintech | Payments General
Countries: United States
This article is part of category

Banking & Fintech