Welcome to our dedicated page for Rego Payment Architectures news (Ticker: RPMT), a resource for investors and traders seeking the latest updates and insights on Rego Payment Architectures stock.
Rego Payment Architectures, Inc. ("REGO") (OTCQB: RPMT) appears frequently in financial technology news for its work on family digital wallet and white-label family financial lifecycle solutions. Company announcements focus on youth banking, senior financial management, and partnerships that allow banks, credit unions, and other organizations to embed REGO’s platform into their own digital experiences.
News about REGO often highlights youth banking initiatives, where financial institutions launch branded apps that let children earn, spend, save, donate, and invest with parental oversight. Examples include Camden National Bank’s Family Wallet and collaborations with digital banking providers such as Jack Henry and Lumin Digital, which make REGO’s youth banking capabilities available to a broad base of community and regional institutions.
Another recurring theme in REGO’s news flow is Senior Financial Management (SFM). Press releases describe the development and launch of a white-labeled SFM product that gives caretakers and fiduciaries visibility into seniors’ financial activity, with features like account visibility, spending alerts, transaction monitoring, and fraud detection via a Protection Score. These stories often reference research on the scale of elder financial fraud and the demand for tools to help adults manage their parents’ finances.
Coverage also includes strategic partnerships and policy engagement, such as alliances with Aambé Financial to support tribal communities and statements of support for the Kids Online Safety and Privacy Act. For investors and observers, the RPMT news page is a way to follow REGO’s product launches, integrations, compliance milestones, and market expansion efforts in the family-focused digital banking space.
Rego Payment Architectures (OTCQB: RPMT) has won the Banker's Choice Award at the ICBA ThinkTECH Accelerator showcase on July 24, 2024. The award, sponsored by Fiserv, recognizes REGO as the most promising solution among fintech companies presenting at the event.
REGO offers a white-label family lifecycle platform for financial institutions, helping kids manage money within a parent-controlled environment. The company participated in a 10-week accelerator program, receiving mentorship and refining its solution based on feedback from community bankers and industry leaders.
This recognition affirms REGO's commitment to developing innovative solutions for community banks. The ICBA ThinkTECH Accelerator has connected over 1,400 community bankers with fintech companies to address modern banking needs since its inception.
Rego Payment Architectures and Computer Services have entered a strategic partnership to offer REGO’s family digital wallet to CSI’s network of community financial institutions. The wallet, compliant with COPPA and GDPR, will allow children to manage their finances under parental supervision, aiding financial literacy. REGO aims to leverage CSI’s extensive network to expand its reach. The family wallet has multiple patents ensuring data safety and privacy, enabling children to spend, save, and invest securely.
Rego Payment Architectures (OTCQB: RPMT) has completed its Series B Preferred Stock private placement, raising an additional $3.5 million through the sale of 38,889 shares. This finalizes their $25 million Series B offering, bringing the total capital raised by the company to over $100 million. CEO Peter S. Pelullo stated that the recent funding, combined with a $20 million line of credit, will support the company's 2024 strategic goals. REGO offers a family digital wallet platform certified by COPPA and GDPR, enabling children to manage finances in a secure, parent-controlled environment.
Rego Payment Architectures, a leading white-label family digital wallet platform provider (RPMT), has been selected to join the ICBA ThinkTECH Accelerator Program to develop family-focused mobile banking solutions for community banks. The program aims to address key areas such as onboarding, analytics, automation, and compliance, providing important support to community banks nationwide. Rego's youth banking platform emphasizes data privacy protection for children, compliant with COPPA. The program connects innovative fintech companies with community bankers for mentorship, culminating in live demos.
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