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4 results for "Atomic"

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FNB Partners with Atomic to Embed Direct Deposit Switch in Account Opening

First National Bank (FNB) launched a Direct Deposit Switch feature embedded in its digital account opening process via its eStore, partnering with Atomic to automate payroll switches. The feature also plans to support recurring debit moves, streamlining customer onboarding and primary banking relationship capture.

Apr 14, 2025

Mastercard Launches Deposit Switch and Bill Pay Switch for Digital Accounts

Mastercard announced Deposit Switch and Bill Pay Switch, integrated with Open Banking and Atomic, to streamline direct deposit and bill payment updates for digital accounts. The tools simplify account switching for consumers and are expected to be available in 2024. The launch strengthens Mastercard's embedded finance capabilities for banks and fintechs.

Jun 6, 2024

Atomic Integrates Deposit Plugin With Jack Henry's Banno Digital Banking Platform

Atomic fully integrated its Deposit plugin with Jack Henry's Banno digital banking platform by December 2022, enabling banks and credit unions to offer quick direct deposit setup and switching within mobile or online banking apps. The integration uses Jack Henry's Digital Toolkit APIs. This partnership helps community financial institutions compete for primary banking relationships.

Dec 1, 2022

Atomic Raises $25M Series A for Investing API Infrastructure

Atomic, a San Francisco-based fintech, raised $25 million in Series A funding co-led by QED Investors and Anthemis to launch its investing API platform from stealth. The platform enables fintechs and banks to embed wealth management, trading, and impact investing features without building in-house regulatory or compliance systems. SoftBank and Y Combinator also participated in the round.

Nov 11, 2021