FV Bank Launches Global Managed Accounts to Bring Direct Banking and Compliance Infrastructure to Fintechs

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomeBusiness Wire News ReleasesPMN Press ReleasesThis section is The content in this section is supplied by Business Wire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Business Wire FV Bank Launches Global Managed Accounts to Bring Direct Banking and Compliance Infrastructure to FintechsAuthor of the article:Global Managed Accounts enables fintechs and payment platforms to offer direct FV Bank accounts and global payments capabilities across 180+ countries and 40+ currencies, with regulated onboarding, monitoring, and account infrastructure managed by FV Bank.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountFV Bank has launched Global Managed Accounts, enabling eligible fintech and payment-platform customers to receive direct FV Bank accounts through the partner’s own product.GMA enables partners to offer neobank-style accounts, global payments and stablecoin-enabled money movement without assembling a fragmented stack of banking, payment and compliance providers.FV Bank manages the regulated account, onboarding, transaction-monitoring and ongoing compliance infrastructure behind the partner’s product.GMA is now live on FV Bank’s unified financial infrastructure platform, following Stablecoin Invoicing.SAN JUAN, Puerto Rico — FV Bank, the U.S.-licensed digital bank offering a vertically integrated suite of traditional and digital asset banking and custody services, today announced the launch of Global Managed Accounts (GMA), new embedded banking infrastructure that gives fintech companies and payment platforms the regulated foundation to launch and run neobank-style products under their own brands.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againThe offering is designed for fintechs and payment platforms managing domestic and international accounts, cross-border payments, remittances and stablecoin-enabled money movement. These businesses have traditionally relied on a fragmented network of banks, payment processors and compliance providers, creating nested relationships that can limit transparency, duplicate onboarding and slow access to underlying customer information.GMA replaces that fragmented arrangement with direct FV Bank accounts for eligible business and individual end customers. Through FV Bank’s regulated banking infrastructure and APIs, fintech and payment-platform clients can offer accounts and payment capabilities through their own products while retaining control of the front end, customer journey and service experience. FV Bank manages the regulated account, onboarding and compliance infrastructure behind the scenes, including KYC, KYB, transaction monitoring and ongoing account reviews. The structure also supports the payment traceability and information-sharing processes required under applicable Travel Rule obligations.“It can take years for a fintech company to navigate the banking, payments and compliance infrastructure needed to bring a financial product to market,” said Miles Paschini, CEO of FV Bank. “Global Managed Accounts gives our partners a faster way to launch, reach more customers and expand what they offer in domestic and international markets, while FV Bank provides the regulated accounts, payments and compliance infrastructure behind the scenes.”Key product features include:USD domestic and international wire transfers, ACH and cross-border payments in 40+ currencies.Stablecoin transfers including USDC and USDT, with 24/7 settlement across supported payment rails.Business and individual account types, with KYC, KYB and KYT onboarding, ongoing monitoring and regulatory compliance managed by FV Bank.A dedicated GMA partner portal for onboarding customers, managing accounts and overseeing account activity.API access to GMA services, so partners can integrate account onboarding, account management, payments and other capabilities directly into their own platforms. Full documentation is available at https://gma-docs.fvbank.us/guides/home.“Fintechs shouldn’t have to choose between a seamless customer experience and a clear, bank-managed compliance foundation,” said Nitin Agarwal, chief revenue officer of FV Bank. “We’re already onboarding fintechs to GMA, bringing accounts, domestic and international payments, and compliance infrastructure together on one platform. It gives our partners a more complete product while reducing the complexity of managing multiple banking and payment relationships.”Following Stablecoin Invoicing, GMA is the second product to launch on FV Bank’s expanded financial infrastructure platform and is now available to approved fintech and blockchain enterprise clients.FV Bank is a regulated U.S. digital bank and financial infrastructure platform headquartered in San Juan, Puerto Rico. Banking the Future through a vertically integrated platform, FV Bank unifies traditional banking, digital asset custody, and stablecoin infrastructure. Serving global fintechs, enterprises, and developers, it enables real-time, 24/7/365 settlement across digital assets and fiat in 45+ currencies via API-driven, programmable rails. Its offering includes USD accounts, money market accounts, Visa debit cards, and seamless stablecoin deposits and conversions — all delivered within a secure, compliant, unified infrastructure.Learn more at www.fvbank.us, on X @fvbankus, and on LinkedIn.View source version on businesswire.com: This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.

Original Source

Read the full article at Financialpost →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.