OMB Bank proudly announces the launch of OMBX, a dedicated embedded finance division designed to empower fintechs and other digital companies with seamless banking solutions. With seven fintech clients already operating and several more in its pipeline, OMBX is positioned to become a premier embedded finance partner within the industry.
The launch of a dedicated website at www.ombx.com marks a significant step in OMBX’s mission to provide clients with a scalable and compliant banking infrastructure. By combining cutting-edge technology with a banking partner that understands the fintech ecosystem, OMBX simplifies financial integration for innovators looking to embed financial products into their platforms.
“Embedded finance is revolutionizing the way businesses and consumers interact with banking services," said Steve Bishop, president of OMBX and OMB Bank’s chief innovation officer. "With OMBX, we are meeting this demand head-on, offering clients a powerful banking partnership that delivers security, scalability and compliance, allowing them to focus on building transformative financial products.”
The embedded finance market continues to experience explosive growth, with global revenue projections reaching over $500 billion by 2029. OMBX is committed to positioning itself as a leader in this space, offering a seamless integration process, compliance support, fraud prevention, payment processing and robust analytics tools.
“OMBX represents the next evolution of OMB Bank's commitment to innovation and financial technology,” said Mark Harrington, president and CEO of OMB Bank. “By launching this brand, we are strengthening our position as a trusted financial partner for fintechs and others, helping them navigate the complexities of embedded banking while delivering exceptional value to their customers.”
OMBX’s launch solidifies OMB Bank’s vision of becoming a go-to embedded finance partner, enabling clients to scale quickly and securely. With the growing demand for integrated banking solutions, OMBX is set to play a crucial role in shaping the future of financial technology.
LATEST NEWS
More news
MONEY TIPS
How Much Money Should You Keep in a Checking Account?
Most people don’t think twice about their checking account—but they should. Learn how much money you really need to keep in checking (hint: it’s probably less than you think) and what to look for in an account that pulls its weight
Unlock Your Financial Potential with Stock Rewards Checking from OMB
OMB Stock Rewards Checking is an innovative banking solution that allows customers to redeem their rewards for fractional shares of popular stocks every month. This revolutionary account is unlike any you’ve seen before, making stock market participation more accessible and inclusive for all.
Why We Buy Things We Don’t Need
Understanding why we spend money can help us make better financial decisions, reduce unnecessary purchases and take control of our finances.