Tuesday, May 14, 2024

i2c Accelerates Payment Innovations for Fintech Partners

i2c Inc., a leading provider of digital payment and banking technology, announced partnerships with Connect Financial, Miq, Plastk, and Viva Equity. These collaborations, according to the company, exemplify the power of modern issuing-processing technology in democratizing payment access and innovation across the digital financial ecosystem. Use cases enable crypto-backed wallets, cooperative pool funds, card access to underbanked segments, and various embedded financial services.

By leveraging i2c’s highly-configurable platform, each use case addresses key opportunities within niche or underserved communities, and realizes faster innovation cycles by removing traditional development and go-to-market obstacles.

Also Read: Paysafe Partners With HotelKey to Streamline Payments for US Hotels

Connect Financial bridges the gap between DeFi and traditional finance by allowing people to spend, grow, transact, and securely store their fiat and digital assets. The company is launching a crypto-backed credit card for their end users, utilizing i2c’s APIs, live agent support, rewards, managed fraud, and program management services.

Miq enables cooperatives to pool funds, invest, and build credit online with regulatory oversight and transparent payments and membership management tools. Miq users can access money from within their social circles, while building credit through regular payments, and use the Miq Visa Card to make everyday purchases with zero fees. i2c will be supporting the company’s prepaid program with rewards, fraud management, as well as virtual and physical card issuance.

Plastk is Canada’s first and only secured credit card with premium rewards and credit insights, working to help Canadians achieve financial freedom. i2c will be supporting the company’s secured credit product, issuing both virtual and physical cards, as well as supporting with mobile payment functionality, as well as fraud and program management in Canada and the US.

Viva Equity is a fintech firm that invests in digital products and embedded financial solutions for underserved communities. The company’s latest launch of Fan Inc. introduces a debit program for college athletes, offering students a way to earn an NIL-compliant monthly-income through donations from alumni and supporters across the US. i2c will be supporting the company’s secured credit and debit products, as well as their fraud management, mobile payment functions, rewards, as well as customer service solutions.

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