Urban FT and Fortress Plus partner to deliver best-in-breed digital banking solutions to community banks and credit unions
NEW YORK, NY (January 8, 2018) — Urban FT, the award-winning provider of white-label mobile banking and mobile check deposit services, and Fortress Plus, a leading provider of financial fraud prevention solutions, have partnered to co-market their services to community banks and credit unions. Urban FT is based in New York City; Fortress Plus in Wethersfield, Conn.
“Both companies are dedicated to strengthening America’s community financial institutions,” says Urban FT CEO Richard Steggall. “Our agreement pulls together two key elements of what today’s smaller FIs need to combat the challenge of big banks and nonbanks—an easily implementable, cost-effective mobile banking solution offering exceptional UX and best-in-breed fraud prevention solutions that protect FIs from fraudsters who prey on them.”
“Richard and I, backed by our organizations, know that our clients are hungry for more than ‘just OK’ services, because ‘just OK’—especially in mobile banking and fraud prevention—doesn’t cut it any longer,” adds Fortress Plus President Jeff Whelton. “Both consumers and fraudsters are more sophisticated than ever, making the need for an exceptional mobile banking UX combined with advanced fraud protection mandatory.”
“For too long, smaller financial institutions have been trapped by legacy systems without the benefits that a modern architecture provides,” he continues. “By co-marketing, we bring our respective best-in-breed solutions to more financial institutions that need and deserve the advantages we offer—big bank-grade quality that’s accessible and affordable for financial institutions of any size.”
Urban FT offers a proprietary “mobile banking made easy” solution, created especially for community financial institutions, using information from existing servers to enable native smartphone apps to efficiently and securely display content from traditional websites—without new software, ports or processor integration.
Unique in the market, Fortress Plus’s Rampart Intelligence Platform is a big data solution for community financial institutions. The platform includes behavior-based adaptive analytics that catch fraud regardless of payment type or channel. It also provides powerful tools for BSA/AML compliance, case management, reporting and regulatory filings.
About Urban FT
Urban FT’s award-winning platform—now touching 10% of U.S.-based financial institutions with assets of $25 million+—simplifies designing, building and delivering digital banking solutions to minimize clients’ cost and accelerate their speed to market and ROI. www.urbanft.com
Fortress Plus provides advanced technology and services that defend community financial institutions from financial crime and its associated overhead and reputational damage. www.fortressplus.com