back Back

Bankjoy launches Business Banking 2.0 platform

By Delisha Fernandes

June 01, 2023

  • account holders
  • Bankjoy
  • Banks
Share

BankjoyBankjoy, a digital banking provider, has launched Business Banking 2.0, which features new product and service enhancements designed to help banks and credit unions better serve businesses across their local communities.

Bankjoy announced the launch of Business Banking 2.0 at Corelation’s 12th Annual Client Conference in San Diego, California.

Bankjoy is a Detroit-based FinTech that delivers modern banking technology, including mobile banking, online banking, and a banking API, to banks and credit unions — big and small. The company creates products with advanced features, simple navigation, modern look and feel.

Bankjoy’s upgraded Business Banking platform delivers a superior digital banking experience for business and commercial account holders. The platform enables banks and credit unions to support various commercial clients, including retail businesses like coffee shops and apparel stores, small to medium-sized businesses, commercial real estate companies, service organisations such as dental offices and vet clinics, and large agricultural enterprises.

“The pandemic changed the business landscape, and while it forced many to close, the last few years have seen a surge in new business applications, creating a huge opportunity for banks and credit unions,” said Michael Duncan, CEO of Bankjoy. “In 2020 alone, more than 4 million business applications were filed, up 24% over 2019 and 51% over the 2010-2019 average, according to the US Census Bureau. Bankjoy’s Business Banking platform was thoughtfully designed to help financial institutions support this growing demographic and empower the businesses in their local communities to thrive.”

Previous Article

June 01, 2023

NewgenONE OmniDocs Platform now available on Temenos Exchange

Read More
Next Article

June 01, 2023

Profile Software offers Digital and Core Banking as SaaS on AWS

Read More






IBSi Daily News Analysis

June 13, 2024

account holders

Are payroll and financial statement fraud dual challenges facing UK SMEs?

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

June 12, 2024

Commencis launches new Turkish LLM for banking & financial services

Read More

June 11, 2024

Eurobank Cyprus upgrades its core banking system with Temenos

Read More

June 11, 2024

5 UK FinTech startups on track to gain unicorn status in 2024

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023