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MVB Bank partners with pay by bank solutions provider Aeropay
Yahoo Financeยท 2025-10-01 08:24
Core Insights - MVB Bank has partnered with Aeropay to develop compliant bank-to-bank payment solutions, enhancing Aeropay's payment infrastructure with MVB's expertise in ACH and Real-Time Payments [1][2] - The collaboration aims to expand Aeropay's real-time payment capabilities and simplify payment experiences for customers [2] - MVB Bank is committed to working with fintech innovators like Aeropay to shape the future of payments, particularly in regulated industries such as gaming and daily fantasy sports [3][4] Company Overview - MVB Bank, a subsidiary of MVB Financial, provides a range of financial services tailored for individuals and corporate clients in the Mid-Atlantic region [3] - The bank offers account structures and operational flexibility to manage complex money movements in regulated and high-growth sectors [2] Partnership Details - The partnership with Aeropay is expected to strengthen the foundation of Aeropay's payments infrastructure, with a focus on smarter, faster, and fully bank-connected money movement [3] - Earlier in the year, Aeropay also partnered with Regent Bank to expand its banking network for secure transactions [4] - Aeropay launched an in-house bank aggregator called Aerosync to increase customer conversions while lowering risk [5]