Author: Ingo Payments

Alpharetta, GA – March, 31, 2025 – Ingo Payments, a proven leader in account funding, transfer, and payout solutions—known as “money mobility”—is proud to announce the selection of Marqeta, the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, as its issuer processing partner. This partnership marks a significant step forward in Ingo’s mission to deliver innovative instant account issuing and ecosystem-driven financial services for its clients. Over the past several months, following its acquisition of Deposits Inc.’s banking technology, Ingo has been enhancing its money movement platform to support embedded banking capabilities for both existing and new clients. This development reflects Ingo’s commitment to redefining the financial experience for banks, fintechs, and businesses by creating feature-rich account relationships that support long-term client value. Selecting an issuer processor was a critical step in achieving this vision, and Marqeta emerged as the ideal partner to help bring these innovations to life. Why Marqeta? Ingo Payments’ approach to account issuing redefines traditional solutions by enabling the creation of ecosystems that incentivize users to store, move and spend money, unlocking opportunities to monetize accounts in impactful ways. This approach applies broadly to enterprises seeking to retain funds for payouts or rewards, banks looking to modernize beyond legacy systems with digital-first account solutions, and fintechs aiming to scale innovative financial products quickly and effectively. Achieving this required a partner with the technology and vision to support these goals. Ingo selected Marqeta for its flexible, scalable technology stack that helps its customers develop innovative financial products and bring them to market quickly. By partnering with Marqeta, Ingo is equipped to drive the next generation of issuing solutions, offering value to senders, receivers, and businesses alike. Driving Innovation Together “We are thrilled to partner with Marqeta as our issuer processor as we launch our enhanced embedded banking platform,” said Drew Edwards, CEO of Ingo Payments. “Marqeta’s modern capabilities and commitment to ongoing innovation make them an ideal partner as we create new opportunities to monetize accounts and deliver ecosystem-driven financial experiences. Together, we’re set to shape the future of account issuing and embedded finance.” “We’re proud to support Ingo’s expansion into the issuing space, showcasing their commitment to payments innovation,” said Todd Pollak, Chief Revenue Officer, Marqeta. “Beyond serving as their issuer processor, we’re also partnering with Ingo to bring remote check cashing and deposit capabilities to our customers to make banking services more convenient. With Marqeta’s all-in-one platform, we’re enabling Ingo to drive the next generation of issuing solutions, creating meaningful value for consumers and businesses alike.” About Ingo Payments Ingo Payments empowers banks, fintechs, and enterprises to deliver modern financial experiences through its full-service embedded banking platform. Ingo’s bank-grade modern money stack, built with embedded compliance and risk management, enables seamless account funding, transfers, mobile deposits, payouts, digital wallets, account and card issuing, PFM, and rewards solutions across a wide range of industries and use cases. With a vertically integrated platform, Ingo helps clients minimize third-party risk, reduce operational complexity, and lower costs—all while accelerating go-to-market timelines. Learn more at ingopayments.com.

We’re beyond excited to announce our new partnership with ACI Worldwide to power ACI Speedpay Digital Disbursements—a flexible, ultra-fast way for businesses to send money to their customers, minus the old-school paper checks. This solution packs in plenty of payout options—from real-time payments to PayPal/Venmo, debit cards, and ACH—so folks can get their funds however (and whenever) they prefer. “We’re proud to collaborate with ACI to provide businesses with seamless, scalable disbursement solutions that meet the evolving needs of today’s digital economy,” says Drew Edwards, our CEO. At the end of the day, we’re all about making life simpler, faster, and better for anyone who needs quick access to their funds. So stay tuned—our work with ACI Worldwide is just getting started, and we can’t wait for you to see how much easier digital disbursements can be in the future of fintech we’re building.

ALPHARETTA, Ga.–(BUSINESS WIRE)–Ingo Payments, a proven leader in account funding, transfer, and payout solutions—known as “money mobility”—is proud to announce its partnership with Securely, a cloud-based payment platform. This collaboration marks a significant milestone for both companies as Securely™ partners to bring Ingo’s full-service embedded banking platform to the market, combining proven payment infrastructure with an innovative approach to real-time merchant settlement through advanced ledgering and diverse payment options. Securely’s merchants include some of the largest players in e-commerce and transportation, including leading brands in retail, distribution, manufacturing, and rideshare nationwide. Through this partnership, Securely offers a patent-pending Digital Cash™ solution that is a low-cost, bank-to-bank card payment alternative with real-time settlement options, powered by Ingo. These capabilities enhance speed and transparency, supporting Securely’s ability to meet the evolving needs of its customers. Within months of acquiring Deposit Inc.’s banking software platform, Ingo successfully initiated the migration of Securely’s merchants from their previous sponsor bank and embedded banking provider. The migration, completed in just 60 days, highlights Ingo’s expertise and commitment as a dedicated and collaborative partner, minimizing operational disruptions while maximizing the platform’s benefits for Securely’s merchants. “We are excited to partner with Securely on our embedded banking platform,” said Drew Edwards, CEO of Ingo Payments. “This milestone demonstrates the power and versatility of our platform leveraging our bank-grade cloud ledger and payments capabilities. By enabling real-time settlements and supporting diverse payment options, we are empowering Securely to deliver unmatched value and efficiency to their merchants.” “We are committed to innovation and are excited to partner with Ingo Payments to enhance our offering. Ingo’s infrastructure will help us expand upon our Muli-Tag ™ pricing technology, further enabling cost control, infrastructure consolidation, and on-demand finance. We are well positioned to disrupt legacy payments by equipping our customers with a vertically integrated and highly differentiated payer experience,” Alan Ward, CEO of Securely. About Ingo Payments Ingo Payments empowers banks, fintechs, and enterprises to deliver modern financial experiences through its full-service embedded banking platform. Ingo’s bank-grade modern money stack, built with embedded compliance and risk management, enables seamless account funding, transfers, mobile deposits, payouts, digital wallets, account and card issuing, PFM, and rewards solutions across a wide range of industries and use cases. With a vertically integrated platform, Ingo helps clients minimize third-party risk, reduce operational complexity, and lower costs—all while accelerating go-to-market timelines. Learn more at ingopayments.com. About Securely Securely’s embedded finance platform helps middle market and large enterprises control costs, simplify operations, and stay compliant. Our patent-pending Multi-Tag™ pricing provides unparalleled cost control by leveraging unlimited smart pricing structures. The Securely platform simplifies compliance and reduces fraud risks while enabling zero-cost processing, finance on-demand, rapid account funding, and infrastructure consolidation all through a single point integration. Securely’s mobile interface works without a password, and there is no need to download another app. This drives revenue and retention for merchants, delivers best-in-class payer experience to their customers, and ultimately increases margins. Explore Securely’s offering at www.securely.io.

In today’s highly competitive financial landscape, acquiring new customers is no longer the only hurdle for account issuers. The real challenge lies in making newly opened accounts useful and accessible from the moment of acquisition.   While customer onboarding is often instantaneous, funding remains a bottleneck, with slow and risky methods like checks and ACH causing days-long delays in funds availability. As a result, a large percentage of accounts are opened but never funded, significantly driving up acquisition costs without delivering value. This disconnect between account creation and funding leaves issuers struggling to activate and engage new customers, ultimately missing opportunities to maximize the potential of newly acquired accounts.  However, a broader transformation of account funding is underway. Innovations like digital transfers from bank accounts, debit card transactions, and check deposits are shifting the process from slow and risky to instant and risk-managed, making account funding faster, safer, and more reliable for both issuers and their customers.  Instant Access: Innovations in Digital Account Funding  The modern fintech era has introduced instant account funding, enabling customers to move money into their accounts in real time, using digital payment rails to provide immediate access to deposited funds. Customers can now instantly fund their accounts via digital transfers from bank accounts, cards, or check transactions, making account creation not only fast but immediately useful.   Among the newer innovations is instant card funding using Account Funding Transactions (AFT). These transactions, initiated by the cardholder’s bank via Visa Direct or Mastercard Send, allow customers to pull funds directly from a debit or credit card into a new or existing account. Although AFT is still relatively new, its growing adoption is transforming how funds move between accounts, offering faster, more efficient transfers for both issuers and customers.  The Challenges: Fraud Risks in Digital Account Funding  While digital account funding brings significant benefits, it also comes with risks—most notably fraud. Instant transactions provide less time for issuers to review and mitigate risks, while ACH transfers impose risks due to lengthy return cycles. Types of fraud associated with digital account funding include:  Friendly Fraud: This occurs when a consumer initiates a legitimate transaction to fund their account—such as using a debit or credit card to transfer money into their fintech or bank account—but later disputes the transaction with their card issuer, claiming it was unauthorized or a mistake.  Account Takeover Fraud: Hackers gain access to a consumer’s account and initiate unauthorized transactions.  Card-not-present (CNP) Fraud: In digital card transactions where the physical card isn’t presented, fraudsters use stolen card details to fund accounts instantly.  In the U.S., consumers may have up to 90 days to dispute an unauthorized electronic funds transfer. This consumer protection, while crucial, adds significant risk for issuers. Even after funds have been made available instantly, consumers can file a dispute, forcing issuers to investigate the claim and potentially refund the money. This can lead to losses for account issuers, especially in cases of friendly fraud where the transaction was initially authorized by the consumer.  The Impact of Fraud on Account Issuers  Due to the heightened risk of fraud, many issuers have scaled back or discontinued their offerings of instant funding. The potential for significant losses, coupled with regulatory obligations to address disputes, has made it a risky endeavor. As a result, despite strong consumer demand for fast and accessible funds, some issuers have been cautious in adopting or expanding their instant funding solutions.  Ingo & Sardine’s Risk-Managed Solutions for Instant Card & ACH Funding  To address the challenges posed by account funding fraud, Ingo has partnered with Sardine to offer instant account funding via card and ACH, jointly providing the technology, processing, and protection necessary to drive account usage. This unique offering leverages our collective expertise and databases to manage risk across our network of clients and customers.  Our solution combines the power of Ingo’s and Sardine’s extensive network-wide fraud data and AI-driven analysis to generate real-time risk scores. These scores empower issuers to make fast, informed decisions on funding eligibility, while minimizing exposure to fraudulent transactions. Together, our advanced risk models continuously evaluate transactions for fraud indicators, providing issuers with immediate insights into the risk profile of each transaction.  Additionally, Ingo’s dedicated support team monitors all transactions in real time, adding another layer of protection against instant fraud. This live risk management allows us to catch fraudulent activities as they happen, further safeguarding businesses from potential threats.  By identifying fraud risks, protecting against them, and locking out bad actors, Ingo and Sardine ensure a safer, more efficient account funding process that benefits both issuers and customers.  Zero-Liability Fraud Guarantee  Beyond fraud detection and risk scoring, our offering includes an optional zero-liability fraud guarantee. Account issuers who choose this guarantee option are fully protected from any financial losses caused by fraudulent chargebacks or disputes. This means that if a fraudulent transaction bypasses our detection systems, we take full responsibility for the chargeback, relieving issuers of any liability. This level of protection is rare in the market and offers peace of mind for issuers looking to offer account funding without the risk.  With Ingo Payments and Sardine, account issuers can offer faster, safer, and more secure account funding options. For Fintechs, our solutions mitigate risk while enabling exceptional customer experiences. For traditional banks, they provide seamless onboarding and instant funding, keeping them relevant in the digital landscape. These innovations enhance services and protect issuers’ bottom line in a competitive market. Learn More   Looking for account funding solutions with comprehensive risk management and guaranteed fraud protection across all funding sources—card transfers, bank transfers, and checks? Ingo Payments can help.

ALPHARETTA, Ga.–(BUSINESS WIRE)–Ingo Payments, a trusted leader in account funding and disbursement solutions defined as money mobility, and Sardine, the leader in real-time fraud prevention, today announced a new partnership to offer instant, risk-managed account funding via card and ACH, backed by an optional zero-liability fraud guarantee. This, combined with Ingo’s industry-leading inbound check funding solution, provides issuers with a complete solution for fast, secure account funding across all three critical form factors: check, card, and ACH.  In today’s financial landscape, issuers face the dual challenge of preventing fraud while ensuring that new accounts are funded and valuable from the start. Despite streamlined onboarding, traditional funding methods such as ACH are slow and prone to risk, often resulting in unfunded accounts and higher acquisition costs. Card funding, while faster, has been found to be highly vulnerable to fraud, causing many issuers to scale back or discontinue these options.  The Ingo Payments and Sardine partnership addresses these issues by offering instant card and ACH funding, supported by real-time risk management that detects and prevents fraud before it impacts issuers. By combining Ingo’s and Sardine’s extensive network-wide fraud data and AI-driven analysis, the solution generates real-time risk scores, empowering issuers to make fast, informed decisions on funding eligibility while minimizing exposure to fraudulent transactions. The optional zero-liability fraud guarantee ensures issuers are fully protected from any fraud-related losses.  “With this partnership, we’re offering issuers more than just fast funding,” said Drew Edwards, CEO of Ingo Payments. “By combining our collective expertise, fraud data, and technology, we’re integrating real-time risk management with a zero-liability fraud guarantee, delivering a secure solution that enables issuers to engage customers instantly, mitigating concerns over fraud-related losses.”   “At Sardine, we make sure fraud prevention happens before a transaction is even completed, using real-time data and machine learning to stay ahead of the game. This partnership gives issuers a solution that not only speeds up funding but adapts intelligently to new fraud tactics, so they can move fast without worrying about risk,” said Soups Ranjan, CEO of Sardine.  Ingo Payments and Sardine help issuers overcome the challenge of unfunded accounts, reduce acquisition costs, and drive greater customer engagement by offering instant, secure, and risk-managed funding options from day one. The solution is now commercially available.  About Ingo Payments  Ingo Payments enables banks, fintechs, and enterprise brands to deliver innovative financial experiences through its bank-grade, compliance-first embedded finance platform. Complete with money mobility capabilities, built on top of a modern money stack, the platform provides the foundation for account funding, transfers, mobile deposits, payouts, digital wallets, bank account creation, card issuing, PFM, and rewards solutions across a wide range of industries and use cases. By vertically integrating issuing, payment processing, and risk underwriting services, we help clients reduce third-party risk, operational complexity, and costs, while accelerating time to market. Learn more at ingopayments.com.  About Sardine  Sardine’s real-time fraud prevention and compliance platform is trusted by leading companies in financial services and ecommerce. We apply device intelligence, behavior biometrics, and machine learning to protect every step of the customer journey – from onboarding to payments and logins. Sardine enables hundreds of organizations worldwide to rapidly detect and stop identity fraud, payment fraud, account takeovers, social engineering scams, fraud rings, money laundering and advanced bot attacks. Backed by Andreessen Horowitz, Visa, Experian, FIS, and Google Ventures, Sardine is a proven leader in the fight against financial crime. Learn more at sardine.ai.  Contact Sarah Higginssarah@ingopayments.com

Ingo Payments, a trusted leader in account funding and disbursements solutions defined as Money Mobility, announced its acquisition of Deposits Inc., a provider of modern banking software tools and infrastructure. This acquisition accelerates the launch of its Modern Money Stack, which will enable banks, fintechs and brands to transform money flows into full, feature-rich accounts that foster new relationships, revenue streams, and utility, delivered in a modern, modular, compliant and cost-efficient way. In 2023, 85% of new accounts were opened with digital-only banks, and 75% of traditional banks sought capabilities beyond their legacy core systems. Meanwhile, non-financial companies and fintechs are striving to embed financial products into their customer experiences. The surge in demand for embedded financial services, coupled with a challenging regulatory environment, highlights the critical need for modernized banking and payments infrastructure, purpose-built to safely power financial innovation. Founded 23 years ago in partnership with a traditional bank, Ingo operated twelve bank branches serving the underserved Latino population in Atlanta. This history is part of Ingo’s long track record of enabling financial institutions to innovate in financial services, compliance, and risk management. Today, leveraging its Money Mobility platform, the company manages operational compliance and processes billions of dollars in money flows annually for some of the country’s largest enterprises and banks across highly regulated industries, including banking, fintech, lending, insurance, trucking, hospitality, and gaming – all enhanced by its innovative fraud risk, underwriting and guarantee services. With its acquisition of Deposits, Ingo has created a modern, modular, bank-grade, end-to-end platform that connects money in and money out through its Modern Money Stack. This stack includes a processor-agnostic side core and the tools necessary for banks to confidently meet regulatory obligations, reduce third- and fourth-party risk, and offer modern financial services to their customers. Underpinned by a bank-grade ledger, it provides banks with visibility into real-time account balances and provides control over customer onboarding workflows, issued accounts, payments orchestration, velocity and fraud controls, sanctions screening and customer relationship management. For financial services innovators, it reduces operational complexity and cost, and offers no code, low code, API, SDK, SSO and custom SaaS integrations supporting an array of account issuing, money mobility and user experience features. “With Deposits Inc.’s innovative software tools and banking infrastructure now integrated into Ingo’s platform, we are uniquely positioned to offer a vertically integrated solution that combines issuing, compliance, risk, and money mobility capabilities under one roof,” said Joseph Akintolayo, CEO of Deposits Inc. “This partnership is the next logical step in our vision of empowering institutions with the technology they need to not just manage transactions, but to create meaningful, lasting relationships with their customers.” “The future of payments is about turning transactions into relationships that impact overall economics, money flows and customer experiences. The launch of our Modern Money Stack enables banks and enterprises to manage complex, multilayered payment flows and, optionally, turn a payment into an account or wallet–powered by our proprietary money mobility capabilities–that becomes the basis for a relationship and a broader ecosystem, adding value to both the issuer and the account holder,” said Drew Edwards, CEO of Ingo. Ingo Payments’ acquisition of Deposits Inc. closed on August 30, 2024. Waller Helms Advisors acted as exclusive financial advisor to Deposits, Inc. About Ingo Payments Ingo Payments, an Ingo Money Inc. brand, enables banks, fintechs and brands to build, launch, and scale innovative financial experiences through its bank-grade, compliance-first end-to-end platform, complete with money mobility capabilities built on top of a modern money stack, that provides the foundation for account funding, mobile deposits, payouts, digital wallets, bank account creation, card issuing, PFM, and rewards solutions across a wide range of industries and use cases. By vertically integrating issuing, payment processing, and risk underwriting services, we help clients reduce third-party risk, operational complexity, and cost, while accelerating time to market. Learn more at ingopayments.com. About Deposits Inc. Deposits Inc., founded by Joseph Akintolayo in 2021, is a pioneering fintech company providing modern banking software and infrastructure. With a mission to democratize access to modern financial services, Deposits Inc. offers a suite of modular, API-driven solutions that enables banks and organizations of all sizes to rapidly build and deploy customized financial products and deliver exceptional financial experiences through its flexible, scalable technology platform. For more information, visit deposits.inc.