MOCA Financial and Data Center, Inc. Enter into a Definitive Joint Marketing and Referral Agreement for a Combined Solution to Benefit Community Banks
– MOCA and DCI to offer an integrated solution featuring MOCA’s Digital-First NextGen Card-Based Payment
Platform and DCI’s core processing and online account opening functionality –
AUSTIN, TEXAS, NOVEMBER 30, 2021, (Reprinted from Business Wire) – MOCA, a digital-first next-generation card-based payment platform provider and Data Center, Inc., developer of the award-winning iCore 360® core banking software, are pleased to announce that they have entered into a definitive joint marketing and referral agreement. MOCA and DCI will jointly market and refer an innovative solution featuring MOCA’s Digital-First NextGen Card-Based Payment Platform integrated with DCI’s advanced core processing and iCoreGO® account opening and funding product set.
Technology-forward banks will benefit from MOCA’s contactless and digital-wallet compatible physical and virtual payment cards and real-time P2P payments as well as DCI’s online account opening and funding and award-winning iCore360 core processing suite. Not only will MOCA’s and DCI’s integrated solution work for traditional banks’ brick and mortar branches, but the combined technology stack can power a digital branch under a bank’s new or existing brand.
“When we began looking for a partner to complement our card-based payment platform, DCI became a natural fit. We are both laser-focused on helping community banks increase their competitiveness, and DCI’s innovative culture was a perfect fit for MOCA” said John Burns, CEO of MOCA. “Combining our companies’ product sets and innovative, forward-looking teams creates a powerful competitive advantage for those banks ready to take the next step.”
“As a technology leader, DCI constantly looks to partner with other technology leaders. MOCA’s card-based payment platform is an incredible complement to our iCore360 core and iCoreGO digital banking solutions,” said Sarah Fankhauser, President and CEO of DCI. “Our combined solution will be a significant competitive differentiator for our current and future community banking clients.”
Given the distinct competitive advantage banks can realize from this integrated solution, DCI and MOCA expect uptake to be swift. “Community banks are under attack from regional and national banks and the growing list of fintechs seeking to siphon off their business. DCI and MOCA have stepped up to help community banks protect and expand their profitability. We are confident many will take advantage and those that do will be better positioned to compete,” added Burns.
DCI is the developer of the award-winning iCore360® core banking software, plus iCoreGO® digital banking and fintech processing solutions for community banks nationwide, including those using other core platforms. DCI is privately owned by a group of bank clients, with several serving as board members and user group leaders. DCI also provides private ATM network/card management, FrontLine™ teller software, custom analysis, risk/vendor management, and more. Among other awards, DCI has been named a FinTech Rankings Top 100 technology provider by IDC Financial Insights, a FinTech Forward Top 100 technology provider by American Banker and BAI, a multiple winner of the BankNews Innovative Solutions Award and endorsements from multiple regional banking associations. For more information about DCI, visit www.datacenterinc.com or contact firstname.lastname@example.org.
MOCA, headquartered in the Austin suburb of Bastrop, Texas, is a fintech company founded and managed by community financial institution and payment industry veterans. With well over 125 years of industry experience, MOCA’s principals have been providing cutting edge financial products to community banks and credit unions for decades. We are prior founders and alumni of familiar names, such as Visa, FundsXpress, Kasasa, the U.S. Treasury, AFFN, Buzz Points, Towny, and others. Our Why is simple: We believe people shouldn’t have to choose between the personal, localized service a community financial institution can offer and best-of breed financial products. We believe you can have both. For more information, please visit mocapay.com.
William Mills Agency
Chief Marketing Officer