Trending...
- New Release: 'The Invisible Alternative' Unveiled by Atrisk Corporation, Resilient
- Rx Processing Corp.com The Forth Of July 2025
- From Real Estate to Reel Power: H.L Woods Carves His Legacy as a Cutting-Edge Visionary Filmmaker
COLUMBUS, Ohio--(BUSINESS WIRE)--BankiFi, an embedded banking solutions provider, announced its expansion into North America with the launch of BankiFi Americas. The organization's growth and expansion into the U.S. market will support the unique digitization and payment modernization requirements of SMBs, while placing financial institutions at the heart of the relationship.
Currently, community financial institutions in the U.S. are facing existential threat from fintech platforms, national banks and accounting package vendors that are offering a competitive suite of payment solutions to SMBs. With BankiFi's open cash management platform and architecture, financial institutions can embed a flexible solution that can be tailored to address the unique segments of their small business portfolio. The platform addresses critical SMB requirements through digital workflows that collect payments faster, automate data integration with accounting platforms, and provide comprehensive insights to optimize working capital.
More on Ohio Pen
"SMBs in the U.S. are facing the same problems we've seen in the U.K. and Australia, including late payments and time delays due to financial administration," said Mark Hartley, CEO and Founder of BankiFi. "Within our technology, we aim to transform services available to SMBs within community banking, across the U.S."
Financial services veteran, Keith Riddle, has been appointed to lead BankiFi Americas. With more than 35 years of experience in the financial industry, Riddle's career spans executive roles at Sherpa Technologies and several industry-leading firms specializing in digital banking, bill presentment and payment, EFT processing services, wholesale financial services and cloud computing.
"I've been following BankiFi's incredible success in partnering with financial institutions to serve SMBs in the U.K., and realized the importance of enabling a comprehensive open cash management solution for financial institutions and their SMBs within the U.S.," said Keith Riddle, CEO of BankiFi Americas. "I'm delighted to take the reins at BankiFi U.S. and build on what the U.K. team is doing in terms of digitizing the critical small business workflows and embedding the solution within financial institutions' digital channels, in what is certainly an exciting time for the sector."
More on Ohio Pen
About BankiFI
BankiFi is on a mission to help over 2 million SMBs, globally, by 2024 by partnering with banks and financial institutions to provide technology designed to make business banking better.
BankiFi's platform enables financial institutions to provide a set of integrated services – accounting, invoicing and payments – designed around the processes SMB and trade customers use to run their business. It equips financial institutions to become customer centric, rather than product centric – increasing their revenues (direct and through actionable insights) and reducing costs.
BankiFi's offices are in Ohio, Manchester, Sydney and Antwerp.
Contacts
Haleigh Tomasek
haleigh@williammills.com
Currently, community financial institutions in the U.S. are facing existential threat from fintech platforms, national banks and accounting package vendors that are offering a competitive suite of payment solutions to SMBs. With BankiFi's open cash management platform and architecture, financial institutions can embed a flexible solution that can be tailored to address the unique segments of their small business portfolio. The platform addresses critical SMB requirements through digital workflows that collect payments faster, automate data integration with accounting platforms, and provide comprehensive insights to optimize working capital.
More on Ohio Pen
- Civista Bancshares, Inc. Announces Agreement to Acquire The Farmers Savings Bank; Launches Public Offering of Common Shares
- Colbert Packaging Announces WBENC Recognition
- DivX Empowers Media Enthusiasts with Free Expert Guides for Advanced MP4 Management
- 2025 MBMA Student Design Competition Now Open
- Assent Expands Executive Team to Accelerate Global Growth & Innovation
"SMBs in the U.S. are facing the same problems we've seen in the U.K. and Australia, including late payments and time delays due to financial administration," said Mark Hartley, CEO and Founder of BankiFi. "Within our technology, we aim to transform services available to SMBs within community banking, across the U.S."
Financial services veteran, Keith Riddle, has been appointed to lead BankiFi Americas. With more than 35 years of experience in the financial industry, Riddle's career spans executive roles at Sherpa Technologies and several industry-leading firms specializing in digital banking, bill presentment and payment, EFT processing services, wholesale financial services and cloud computing.
"I've been following BankiFi's incredible success in partnering with financial institutions to serve SMBs in the U.K., and realized the importance of enabling a comprehensive open cash management solution for financial institutions and their SMBs within the U.S.," said Keith Riddle, CEO of BankiFi Americas. "I'm delighted to take the reins at BankiFi U.S. and build on what the U.K. team is doing in terms of digitizing the critical small business workflows and embedding the solution within financial institutions' digital channels, in what is certainly an exciting time for the sector."
More on Ohio Pen
- The World's Largest Green Economic Revolution Emerges as Nature, Tech, and Finance Converge
- Vinnetwork Unveils Decentralized AI Platform with Vinnetwork(VIN) Token to Challenge Tech Giants' Data Monopoly
- Centennial Flyers to Become Colorado's First Launch Customer for All-Electric B23 Energic Aircraft
- Fully Accountable Introduces Interactive Accounting Scorecard to Improve Financial Performance
- Pyro Marketing Opens New Digital Marketing Company in Saint Petersburg to Power Growth for Fitness and Ecommerce Brands
About BankiFI
BankiFi is on a mission to help over 2 million SMBs, globally, by 2024 by partnering with banks and financial institutions to provide technology designed to make business banking better.
BankiFi's platform enables financial institutions to provide a set of integrated services – accounting, invoicing and payments – designed around the processes SMB and trade customers use to run their business. It equips financial institutions to become customer centric, rather than product centric – increasing their revenues (direct and through actionable insights) and reducing costs.
BankiFi's offices are in Ohio, Manchester, Sydney and Antwerp.
Contacts
Haleigh Tomasek
haleigh@williammills.com
Filed Under: Business
0 Comments
Latest on Ohio Pen
- Service Ninjas Debuts First-of-Its-Kind "Membership" Platform for Home Service Pros
- BIYA Forecasts 2025 Surge with ¥300M ($41.8 M USD) in Revenue and ¥25M Profit from Cloud Based HR Solutions: Baiya Intl. Group (N A S D A Q: BIYA)
- Paul E. Saperstein Co. Announces Geographic Expansion of Auction Services
- 216 Marketing Launches New Website to Expand Local SEO and Digital Marketing Services
- Florida Broker Bent Danholm Featured in the Daily Mail's U.S. Real Estate Coverage
- Robin Launches Legal Intelligence Platform to solve intelligence gap in Fortune 500 legal teams
- Melissa B. Releases Digitally Independent: Empowering Music Artists with AI and Brand Strategy
- Consumer Accountability Alliance Issues Formal Notice Alleging Proximate Liability for Medical Harm
- Utah Metal Fabricator Titan Forge Builds Momentum with Custom Steel Projects and Spiral Staircases
- Jason Koch: Pioneering the Future of Real Estate Development in New Jersey
- CameraSecurityNow.com Introduces Verkada's AI-Powered Search for Faster, Smarter Footage Analysis
- Bach and Beyond: Cellists Return to the Beach for 2nd Annual Bethany Beach Cellofest
- World-Class, Turnkey Cro Facility Available Through Bankruptcy Sale with Full Suite of Lab Equipment & Intellectual Property
- NR7 Miner launches zero-cost USDT cloud mining service: daily stable income + referral rewards for double profit
- Deaths Spur Closures, but Troubled Teen Camps Must Be Banned, CCHR Warns
- Palmer Lake Wine Festival To Build Bridges in Small Mountain Community, Highlight Local Businesses
- SacraPod Suites Unveils AI-Powered 'Work + Rest' Smart Hospitality Model for Retrofitting Underused Motels Across the U.S
- From Real Estate to Reel Power: H.L Woods Carves His Legacy as a Cutting-Edge Visionary Filmmaker
- Rx Processing Corp.com The Forth Of July 2025
- New Release: 'The Invisible Alternative' Unveiled by Atrisk Corporation, Resilient