{"id":144847,"date":"2021-11-16T17:27:29","date_gmt":"2021-11-16T17:27:29","guid":{"rendered":"https:\/\/precoinnews.com\/?p=144847"},"modified":"2021-11-16T17:27:29","modified_gmt":"2021-11-16T17:27:29","slug":"xtm-signs-deal-with-the-bancorp-bank-to-deploy-its-services-in-the-us","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/xtm-signs-deal-with-the-bancorp-bank-to-deploy-its-services-in-the-us\/","title":{"rendered":"XTM Signs Deal with the Bancorp Bank to Deploy Its Services in the US"},"content":{"rendered":"

XTM, Inc., a Miami and Toronto-based Fintech company in the neo-banking space, announced on Tuesday that it had partnered with The Bancorp and its subsidiary, The Bancorp Bank. According to the press release, the deal seeks to use The Bancorp Bank as XTM\u2019s subsidiary bank for back-end banking services and card issuing sponsorship as an employee payout solution and banking app for the hospitality and personal care services sectors.<\/p>\n

That said, XTM will extend the launch of its Canadian Today Program for the US market in Q4 this year, the press release noted. \u201cWhen assessing banking partners, The Bancorp was a clear choice. Our mobile banking solutions require innovative, responsive, and cutting-edge banking support and The Bancorp is the leader by far,\u201d Marilyn Schaffer, CEO of XTM, highlighted.<\/p>\n

Among the features of the Canadian Today Program include the issuance of both virtual and physical Visa debit cards, and the offering of banking services like ACH, direct deposit, instant bank transfers, mobile check deposits, cash deposits, surcharge-free ATM, cashback rewards, and more to come, XTM said<\/p>\n

\u201cThe Bancorp is excited to begin our partnership with XTM. Their innovation and focus in supporting alternative payment options for service and hospitality workers are unique and timely. They have proven themselves a contender, and we look forward to supporting their next stage of growth,\u201d Matt Carberry, Managing Director, Head of Partner Strategy at The Bancorp, commented on the matter.<\/p>\n

Crypto Card For Canada<\/h2>\n

This year, Crypto.com, a cryptocurrency exchange and app, announced\u00a0that citizens from Canada could apply for their visa cards as the company planned to ship cards to Canada. Crypto.com launched visa cards across different locations worldwide in recent years, and the exchange aims to take advantage of the rapidly growing Canadian market with the latest initiative. The card has no annual or monthly fee, and users can withdraw from ATMs without any charges. Additionally, the company outlined that the card is free from foreign transaction charges.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

XTM, Inc., a Miami and Toronto-based Fintech<\/p>\n","protected":false},"author":3,"featured_media":144846,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nXTM Signs Deal with the Bancorp Bank to Deploy Its Services in the US - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/xtm-signs-deal-with-the-bancorp-bank-to-deploy-its-services-in-the-us\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XTM Signs Deal with the Bancorp Bank to Deploy Its Services in the US - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"XTM, Inc., a Miami and Toronto-based Fintech\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/xtm-signs-deal-with-the-bancorp-bank-to-deploy-its-services-in-the-us\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-16T17:27:29+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/11\/XTM-Signs-Deal-with-the-Bancorp-Bank-to-Deploy-Its-Services-in-the-US.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/xtm-signs-deal-with-the-bancorp-bank-to-deploy-its-services-in-the-us\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/xtm-signs-deal-with-the-bancorp-bank-to-deploy-its-services-in-the-us\/\",\"name\":\"XTM Signs Deal with the Bancorp Bank to Deploy Its Services in the US - 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