3 Reasons Credit Unions Must Offer Virtual Cards

by Kelly Payne, Chief Marketing Officer at MOCA (Reprinted with permission from CreditUnion Times. Original article published on November 1, 2021 and can be viewed here.) Even if your credit union’s card program doesn’t appear to be broken, it may be time to fix it. It is easy to think that if something is not…

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Three Steps to Building a Post-Pandemic Payments Strategy

By: Kelly Payne (Reprinted with permission from BankDirector.com. Original article published on September 24, 2021 and can be viewed here.) The Covid-19 pandemic spotlighted contactless payments. To stay competitive with the future of payments, community banks must offer multifaceted options, like virtual cards, P2P payments and digital wallets. But building a digital and contactless payments…

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Three Steps to Building a More Profitable Card Program

By Kelly Payne (Reprinted with permission from Business Bank News. Original article published on September 14, 2021 and can be viewed here.) Low interest rates mean financial institutions need new revenue sources. Luckily, cards and payments are a fast-growing revenue opportunity for banks today. For instance, according to a 2021 Pulse Debit Issuer Study, in…

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Moca Financial CEO: Bastrop in store for a Google-like office campus

By: Justin Sayers – Staff Writer, Austin Business Journal (Reprinted with permission from Austin Business Journal. Original article published on August 24, 2021 and can be viewed here.) Update: Moca Ventures Nebraska LLC on Aug. 24 received unanimous approval from the Bastrop City Council for the incentives agreement, with city staff noting that the project could…

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Bastrop Economic Development Corporation OKs land sale, $900,000 reimbursement for tech firm

by Colleen DeGuzman, adeguzman@statesman.com (Reprinted with permission from Austin American-Statesman. Original article published on August 24, 2021 and can be viewed here.) An Austin-based financial technology company is seeking to plant its headquarters in the Bastrop Business and Industrial Park, and potentially bring hundreds jobs to the city over several years. The Bastrop Economic Development…

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Five Keys to Market Debit Cards for Increased Usage

By Kelly Payne, Chief Marketing Officer at MOCA (Reprinted with permission from The Financial Brand. Original article published on June 25, 2021 and can be viewed here.) Debit card programs – and interchange revenue – are under tremendous pressure. Venmo, PayPal, and the Cash App, among others, are siphoning off usage from traditional financial institutions…

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Virtual card fintech raises $3M to extend reach in Latin America, Caribbean

by Loraine Lawson (Reprinted with permission from Bank Automation News. Original article published on June 24, 2021 and can be viewed here.) Digital card payment platform provider Moca announced Tuesday a $3 million series B funding round that will allow the platform to expand its foothold in Latin America and the Caribbean. The end-to-end solution…

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Startup Sees a Goldmine of Non-Interest Income in Virtual Cards

By Steve Cocheo, Executive Editor at The Financial Brand (Reprinted with permission from The Financial Brand. Original article published on April 22, 2021 and can be viewed here.) New program enables community banks and credit unions to offer virtual debit cards that can give consumers great peace of mind, small businesses more control over travel…

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