Banking Fintech Investment Services News

Allied Payment Network Announces Collaboration With Movencorp

Allied Payment Network Announces Collaboration With Movencorp

Fort Wayne, Ind.-based Allied Payment Network (Allied), an industry-leading provider of emerging bill pay technologies to financial institutions, announced today it will join the Movencorp (Moven) collaborative ecosystem of banks, credit unions and fintech organizations to help financial institutions capitalize on the $3.9 trillion bill pay market. Moven is a leading technology provider of intelligent banking solutions designed to improve consumer financial wellness. The companies will work together to leverage bill pay technology and its actionable data insights to make it easier for consumers to manage their finances, and provide competitive advantages and revenue opportunities for financial institutions.

Read More:  Tuvalu Embarks On World’s First National Digital Ledger And Infrastructure Project On Bitcoin SV

“Bringing together complementary competencies is the key to the future of the financial services industry,” said Moven’s Chief Revenue Officer Bryan Clagett. “We strive to identify financial institutions and fintechs that desire to reduce the friction of day-to-day banking, and Allied’s bill pay technology is a natural fit.” Moven also recently announced relationships with Q2, NYDIG, and Blip.

According to Allied’s Chief Revenue Officer Jeffrey Harper, “Many financial institutions consider bill pay to be the ‘ugly stepchild’ of banking—under-appreciated and neglected. But, it is essential that financial institutions modernize in order to stay competitive, especially in today’s highly-competitive, hyper-digital world.”

Read More: GlobalFintechSeries Interview with Dr. Vincent Pignon, CEO at Wecan Group

Related posts

Options Expand Global Presence with Opening of New Office in Paris

Business Wire

BMO Harris Bank Announces New Commercial Banking Office in Denver, Colorado

Fintech News Desk

Unqork and Deloitte Partner to Launch Small Business Lending in a Box

Fintech News Desk