OMB Bank is excited to unveil OMBX, its new embedded finance division designed to empower fintechs and digital-first companies with seamless, secure banking solutions. With seven fintech clients already onboard and several more in the pipeline, OMBX is on track to become a leading embedded finance partner in the industry.
The launch of a dedicated OMBX website marks a significant milestone in the bank’s mission to deliver a scalable and compliant banking infrastructure. By blending cutting-edge technology with deep expertise in the fintech ecosystem, OMBX simplifies the process for companies to embed financial services into their platforms.
“Embedded finance is transforming how businesses and consumers engage with financial services,” said Steve Bishop, president of OMBX and chief innovation officer at OMB Bank. “OMBX meets this growing demand, providing our clients with the security, scalability, and compliance they need to focus on creating game-changing financial products.”
A Growing Market with Huge Potential
The embedded finance market is growing rapidly, with global revenue projected to surpass $500 billion by 2029. OMBX is strategically positioned to lead in this space, offering a comprehensive suite of services including seamless integration, compliance support, payment processing, fraud prevention, and advanced analytics tools.
Mark Harrington, president and CEO of OMB Bank, emphasized the significance of OMBX for the bank’s future. “OMBX represents the next step in our commitment to innovation and fintech. This brand strengthens our role as a trusted financial partner, helping fintechs and digital companies scale quickly while navigating the complexities of embedded banking.”
Powering the Future of Financial Technology
OMBX aims to simplify financial integration for innovators, empowering clients to grow with confidence. By offering a robust and reliable infrastructure, with this bank fintech partnership OMBX ensures that companies can scale securely without compromising on compliance or security.
As the demand for embedded banking solutions continues to rise, OMBX is set to play a pivotal role in shaping the future of fintech, helping businesses stay ahead in an evolving digital landscape.
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