David Mitchell, President of NYMBUS

Washington based MOXY Bank has selected the revenue and technology solutions provider NYMBUS with an aim to increase the latter’s scalability, reach and adapt to the dynamic financial industry. MOXY will implement NYMBUS’ suite of modern core, internet banking, mobile banking and payment solutions to upgrade its product and service offerings.

MOXY’s progressive and innovative approach to banking will provide greater digital convenience, advocacy and personalized financial services to its users,” said Casey G. Mauldin, President and CEO of MOXY bank. “Finding a long-term partner with the right technology, culture and vision was one of our most important decisions. We ultimately turned to NYMBUS for its open API architecture and fully customizable software solutions, enabling us to effortlessly adapt and integrate the latest digital products and services that will offer a rich and unique experience to our customers.”

The supplier states that MOXY has selected NYMBUS SmartCore, NYMBUS SmartDigital and NYMBUS SmartPayments for enhanced digital experience, advanced internet and mobile banking and fraud protection respectively. The suite is expected to assist MOXY with the unification of all banking functions into one solution and with automation of back end processes and employee workflows.

“We are so proud to be supporting MOXY as they strive to improve the financial health and vitality of their community, empowering those that have been overlooked and underserved by offering the financial tools and resources they need to succeed,” said David Mitchell, President of NYMBUS. “We commend their commitment to creating financial equality and are thrilled to provide them with the technology that will help bring their vision to life.”

According to the bank, it aims to remove the barriers faced by the unbanked and the underbanked through a low-cost subscription model and anywhere availability. It aims to provide its customers with a complete suite of financial services including digital OnDemand and savings accounts, small business accounts, lending services, financial wellness and literacy, ATM access and video banking services.

Headquartered in Washington, D.C., MOXY Bank aims to create financial equality by combining the technological advancements with community banking values.

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by Megha Bhattacharya
Market Analyst at IBS Intelligence
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