Urban FT, a white-label mobile banking and mobile check deposit services provider, and Fortress Plus, financial fraud prevention solutions supplier, partnered to co-market their services to credit unions and community banks.
New York City based Urban FT CEO Richard Steggall said, "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," Wethersfield, Conn.-based Fortress Plus President Jeff Whelton added. "Both consumers and fraudsters are more sophisticated than ever, making the need for an exceptional mobile banking UX combined with advanced fraud protection mandatory."
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Roy Urrico
Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).
