First National Bank of Omaha (FNBO) launches Bend by FNBO, a new credit card-as-a-service (CaaS) solution aimed at fintechs and digital brands. This innovation enhances FNBO’s technological capabilities, allowing for customized credit card issuance through an embedded model of open API services.
FNBO's 164 years of experience supports this modern solution, facilitating quick integration and management of branded credit card programs. The initial partnership with Marqeta enables brands to leverage FNBO’s underwriting and program management, providing a comprehensive service for digital platforms.
First National Bank of Omaha (FNBO) has introduced a new buy-now-pay-later (BNPL) solution aimed at enhancing customer purchasing options through merchant partners. This initiative, developed in collaboration with EXL and Skeps, allows customers to make purchases and pay later through seamless integration into online and physical store systems.
FNBO's BNPL solution promises quick processing and loan approval, utilizing advanced technology for credit strategies and fraud prevention. The BNPL market is projected to grow by over 40% this year.