TLDR:
- Branch’s White Label solution wins “Best Banking-as-a-Service Solution Provider” at the 8th annual FinTech Breakthrough Awards.
- Branch offers companies a way to launch branded payment options with minimal technology investment and program management.
Branch Recognized for Digital Banking Innovation in 8th Annual FinTech Breakthrough Awards Program
Branch, a leading workforce payments platform, has been awarded the “Best Banking-as-a-Service Solution Provider” at the 8th annual FinTech Breakthrough Awards program. The awards recognize top companies and products in the global FinTech market.
Branch’s White Label solution allows companies to offer branded payments experiences with features such as a digital wallet with fee-free banking services, instant payments, cash back rewards, and savings tools. This solution, backed by Branch’s core payments technology and team of experts, provides companies with a way to launch their own branded payment options quickly and efficiently.
With Branch White Label, companies can provide their workers with financial benefits, faster payments, a company branded mobile app, and debit card. The solution offers a range of payout options tailored to different types of companies and their workforces, such as daily payouts, cashless tips, and paycards.
Branch’s program management services ensure that companies can get started with their branded payment solutions in a timely manner, typically within two to three months. The company’s focus on compliance, fraud prevention, and financial services support eases the burden on companies looking to offer these services to their workers.
Founder and CEO of Branch, Atif Siddiqi, expressed gratitude for the recognition and highlighted how Branch supports companies in addressing hiring and retention issues by offering faster payments. The partnership with Branch allows companies to put their brand first while providing a payments experience that supports their workforce from activation to end-user support and fraud prevention.
Branch has been recognized with various awards, including a Webby Award, FinTech Breakthrough Award, and Gartner Eye on Innovation: Financial Services. The company partners with leading companies in industries such as healthcare, last-mile delivery, logistics, and restaurants/hospitality.
