i2c accelerates payment innovations for Fintech partners
Recent deals with Connect Financial, Miq, Plastk and Viva Equity enable innovators to increase speed to market and deliver next-generation financial products and services
REDWOOD CITY, California, October 19, 2022–(BUSINESS WIRE)–i2c Inc., a leading provider of digital payment and banking technology, today announced partnerships with Connect Financial, Miq, Plastk and Viva Equity. These collaborations, according to the company, exemplify the power of modern issuance processing technology to democratize payment access and innovation across the digital financial ecosystem. Use cases enable crypto-backed wallets, cooperative pool funds, card access to underbanked segments, and various embedded financial services.
Leveraging i2c’s highly configurable platform, each use case addresses key opportunities within niche or underserved communities, realizing faster innovation cycles by removing traditional development and go-to-market barriers.
Connect Financial bridges the gap between DeFi and traditional finance by allowing people to use, grow, trade and securely store their fiat and digital assets. The company is launching a crypto-backed credit card for its end users, using i2c’s APIs, live agent support, rewards, managed fraud and program management services.
Miq enables cooperatives to raise funds, invest and build credit online with regulatory oversight and transparent payments and membership management tools. Miq users can access money from their social circles, while building credit through regular payments, and use the Miq Visa card to make everyday purchases without fees. i2c will support the company’s prepaid program with rewards, fraud management, as well as virtual and physical card issuance.
Plastic is Canada’s first and only secured credit card with premium rewards and credit insights, working to help Canadians achieve financial freedom. i2c will support the company’s secured credit product, issuing both virtual and physical cards, as well as support with mobile payment functionality, as well as fraud and program management in Canada and the US.
Viva equity is a fintech company that invests in digital products and embedded financial solutions for underserved communities. The company’s latest launch of Fan Inc. introduces a debit program for college athletes, offering students a way to earn a NIL-compliant monthly income through donations from alumni and supporters across the United States. i2c will support the company’s secured credit and debit products, as well as their fraud management, mobile payment capabilities, rewards, as well as customer service solutions.
i2c operates a wide range of payment product solutions from debit and prepaid cards to lending (both consumer and commercial credit, as well as BNPL and LOC), with access to all major network partners (American Express, Discover, Mastercard, Visa and Union Betale). In addition, the company offers partners value-added banking and payment services such as fraud prevention, contact center, dispute management, as well as white-label web and mobile apps.
About i2c Inc.
i2c is a global supplier of highly configurable payment and banking solutions. Using i2c’s proprietary “building block” technology, clients can easily create and manage a comprehensive set of solutions for credit, debit, prepaid, lending and more, quickly and cost-effectively. i2c delivers unparalleled flexibility, agility, security and reliability from a single global SaaS platform. Founded in 2001, and headquartered in Silicon Valley, i2c’s next-generation technology supports millions of users in more than 200 countries/territories and across all time zones. For more information, visit www.i2cinc.com and follow us @i2cinc.
See the source version at businesswire.com: https://www.businesswire.com/news/home/20221019006093/en/
Contacts
Ava Kelly
Chief Product Officer
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