New Market Partners CASH BANKING SOLUTION gives you a single, bundled product product offering for alternative financial services.

  • New source of fee income with existing customers
  • Reloadable prepaid card with other fee based services bundled in
  • Integrated check cashing, remittances and walk-in bill payment features
  • No IT integration required
  • Manage transaction risk through third party vendors
  • Speed to market with turn-key implementation

Challenge to banks: Are your “unprofitable” customers really unprofitable? Existing underbanked customers can be your next profitable growth segment.

Read MoreAs published on www.compassprinciples.com on March 5, 2012

Most banks we work with struggle with the Compass Principles value of “profitability and scalability” when looking at financial services for the underserved.  Look at the current environment: consumer backlash to increasing fees on existing products and a hostile regulatory environment for small dollar credit products.