i2c Inc. & TBOM Win Best Community Bank/Credit Union Modernization Award

Recognized for Exemplary Digital Transformation and Enhanced Financial Access
BusinessWireAugust 9, 20245 min

i2c Inc., a leading provider of digital banking and payments solutions, andĀ The Bank of MissouriĀ (TBOM) today announced their win at theĀ Banking Tech Awards USA 2024Ā for Best Community Bank/Credit Union Modernization. This prestigious award celebrates the successful digital transformation initiatives implemented by TBOM, in collaboration with i2c.

TBOMā€™s project, developed with i2c, created a digital-first platform for deposit accounts, credit card accounts, loan accounts, and payment account openings for both consumer and commercial customers. This initiative combined TBOMā€™s credit and loan issuing expertise with i2cā€™s advanced processing capabilities to deliver a seamless, turnkey solution. The project integrated Visa and Mastercard services, MuleSoft middleware, Lexis Nexis for KYC/CIP, Finicity for account verification, and other essential services, creating a comprehensive user experience.

Highlights of the Award-Winning Project:

  • Comprehensive Integration:Ā Combined TBOM’s credit and loan issuing expertise with i2cā€™s processing capabilities to deliver digital-first deposit, credit card, loan, and payment accounts for consumer and commercial customers.
  • Technology and Services:Ā Integrated with Visa and Mastercard, MuleSoft middleware for customizable options, Lexis Nexis for KYC/CIP, Finicity for account verification, and Allpoint Network for ATM services.
  • Turnkey Solution:Ā Provided a white-labeled and customizable platform enabling fintechs to go to market faster, including 24/7 call center services, fraud management, and compliance oversight.

“Receiving this prestigious award is a great honor and underscores our dedication to using advanced technology to expand financial access for businesses and individual consumers,” said Shelia Moore, SVP of BaaS and Issuing Partnerships at TBOM. ā€œThrough our partnership with i2c, we have been able to offer innovative and efficient financial products that address the specific needs of our diverse customer base, ensuring they have the tools necessary to thrive in todayā€™s competitive market.ā€

“It has been a true pleasure partnering with TBOM, and we commend them for this outstanding achievement,” said Amir Wain, CEO of i2c Inc. “Our focus for over 20 years has been on delivering scalable, flexible banking and payment solutions that advance financial inclusion and economic development. Our unified banking and payments platform empowers clients like TBOM to offer secure, efficient, and personalized services to their customers.”

Additionally, TBOM was a finalist in two other categories: Best Bank and Fintech Partnership and Best Digital Initiative.

In January this year, the bank and i2c Inc. announced a strategic alliance to implement i2cā€™s unified banking and payments platform at TBOM to offer a full suite of digital financial products and services to consumers and businesses alike.

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