Evolv's Strategic Partnership with United Bankers Bank
Evolv, a company that leads in payment acceptance solutions, is thrilled to announce a new partnership with United Bankers Bank (UBB). This relationship marks a key milestone as Evolv serves over 16,000 businesses, managing an impressive $6 billion annually in payment processing. The collaboration is designed to create innovative payment solutions that are set to advance the capabilities of community banks.
The Vision Behind the Partnership
Nellie Schlacter, Director of Strategic Partnerships at Evolv, expressed enthusiasm about the collaboration. She stated that the aim is to develop a concierge-style, white-glove Merchant Services program tailored for banks. "At Evolv, we prioritize enhancing the experience for bank customers, ensuring they are left in a better position than we found them," Schlacter stated. Her background in banking fuels her passion for empowering bankers to foster stronger bonds with their clientele.
Commitment to Community Banks
Allan Noe, the CEO of Evolv, shared his excitement regarding the partnership with UBB. He mentioned that this collaboration emphasizes Evolv's commitment to delivering premier Merchant Services to community banks and enhancing the payment experience for local businesses. Noe highlighted the shared values of both companies—centered around a customer-first approach, which is essential for long-term growth and robust banking relationships.
Expectations from the Collaboration
United Bankers Bank's Executive Vice President and Chief Marketing Officer, John Peterson, also shared his insights on this partnership. He noted that UBB is enthusiastic about collaborating with Evolv for their Merchant Services program due to Evolv's dedication to exceptional customer service. Peterson sees this partnership as an opportunity for mutual growth and success, which will benefit the community banks they serve.
About Evolv
Founded in 1998, Evolv has established itself as a trusted partner for banks and sales offices in providing innovative payment acceptance solutions. As a multi-processor sales office, Evolv offers various products that include point-of-sale systems, gateways, and payment terminals. The company made a notable expansion in 2017 with the investment in a digital marketing agency, VIV, which broadened its service offerings to include website development and social media management. Evolv is committed to maximizing sales, minimizing costs, and mitigating risks for both merchants and partners.
About United Bankers Bank
United Bankers Bank (UBB) specializes in offering a wide range of correspondent banking solutions to community banks across the nation. Recognized as the first bankers' bank in the United States, UBB's mission is to empower community banks through innovative financial services. Their commitment to community banking positions them as a preferred partner for financial institutions aiming to enhance their service offerings.
Frequently Asked Questions
What is the main goal of the partnership between Evolv and UBB?
The partnership aims to develop innovative payment solutions and enhance merchant services for community banks.
How does Evolv support community banks?
Evolv supports community banks by providing advanced payment acceptance solutions that improve customer experience and relationships.
What type of services will be offered through this partnership?
The partnership will offer a concierge-style Merchant Services program tailored for partner banks.
When was Evolv founded?
Evolv was founded in 1998 and has since become a leader in payment processing solutions.
What are some services offered by United Bankers Bank?
United Bankers Bank provides correspondent banking solutions, which includes various financial services tailored to community banks.
