MVB Bank, which provides financial services in the Mid-Atlantic region, has partnered with pay-by-bank solutions provider Aeropay.
The collaboration will work to develop solutions aimed at facilitating compliant bank-to-bank payments.
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It will seek to enhance Aeropay’s payment infrastructure by integrating MVB Bank’s expertise in managing complex ACH and Real-Time Payments (RTP).
MVB Bank provides account structures and operational flexibility tailored to handle intricate money movements in regulated and high-growth sectors.
Aeropay said the collaboration aligns with its goal of expanding its real-time payment capabilities and simplifying payment experiences for its customers.
Aeropay CEO Dan Muller said: “We’re excited to partner with MVB to strengthen the foundation of our payments infrastructure.
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By GlobalData“Together, we’re building the future of money movement that’s smarter, faster, and fully bank-connected.”
A subsidiary of MVB Financial, MVB Bank offers a range of financial services to individuals and corporate clients in the Mid-Atlantic region and beyond.
MVB Bank CEO Larry Mazza said: “MVB is happy to work with fintech innovators like Aeropay who are shaping the future of payments.
“We share a strong commitment to regulated industries like gaming and daily fantasy sports, and this partnership brings together the infrastructure and innovation required to help these businesses thrive.”
Earlier this year, Aeropay partnered with Regent Bank, to expand its banking network to facilitate quick and secure transactions.
The pay by bank solutions provider also launched its in-house bank aggregator called Aerosync this year. It is designed to increase customer conversions while simultaneously lowering risk.
