MVB Bank has become the latest member of the American Fintech Council (AFC), a key industry association that represents responsible fintech companies and innovative banks. The bank, known for combining traditional banking with fintech solutions, aims to enhance financial services for its clients.
Phil Goldfeder, Chief Executive Officer of AFC, stated, “MVB Bank’s expertise in merging traditional banking services with cutting-edge fintech solutions makes them a valuable addition to the AFC.” He further emphasized that MVB Bank's focus on security and compliance aligns with AFC's mission to drive responsible innovation in the financial sector.
Founded in 1999 in Fairmont, West Virginia, MVB Bank serves primarily the Mid-Atlantic region. It offers both traditional banking services and advanced fintech products such as embedded finance solutions and real-time payments. This enables businesses to streamline their operations efficiently.
Don Robinson, President of MVB Bank, remarked, “At MVB Bank, our mission is to positively impact our clients’ financial lives while staying at the forefront of technological innovation.” He added that joining AFC supports their commitment to advancing secure and transparent financial services.
The American Fintech Council promotes a customer-centric financial system by supporting responsible innovation. Its members work towards enhancing competition in consumer finance and serving underserved segments effectively.
MVB Financial Corp., the holding company of MVB Bank, is publicly traded on Nasdaq under "MVBF". For more details about MVB Bank's offerings and innovations, visit their website at www.mvbbanking.com.