MOCA Financial Partners with Horizon Bank via CSI's BaaS Platform
MOCA Financial announced a partnership with Horizon Bank, facilitated through CSI's Banking-as-a-Service platform, to deliver innovative card-based payment experiences. MOCA Financial, described as a digital-first card-based payments provider and existing CSI core customer, will provide Horizon Bank customers with native mobile payments services. The partnership also enables purpose-driven cards through MOCA's innovative card program.
The integration leverages CSI's prebuilt open APIs, which offer secure access to solutions including account opening, deposits, savings, payments, cards, and identity verification. CSI CEO David Culbertson emphasized that these BaaS partnerships help financial institutions and fintechs make connections that represent the future of financial services. The announcement was part of a broader CSI initiative reflecting industry data showing 32% of banking executives see opportunities to implement customer-friendly innovations through APIs.
Both this partnership and the concurrent ECHO Health-Anchor Bank deal signal CSI's growing presence as a BaaS intermediary in the community banking space.
- Community banks can compete with larger institutions on mobile payment experiences through BaaS partnerships
- CSI's dual partnership launch positions the company as a growing BaaS facilitator connecting fintechs with community and regional banks