We are very impressed with ARM’s technology and expertise in the prepaid debit card industry.
Bill Dana, President & CEO of Central Bank of Kansas City
Portland, OR (PRWEB) March 01, 2013
Central Bank of Kansas City (CBKC), a leading provider of personal and commercial financial products including, checking, savings, and loans, has chosen ARM Insight to help build their technology and operations for their prepaid debit card program.
ARM Insight, the developer of the Prepaid Management Platform (PMP) and Roadmap to Compliance (RTC), is a leading provider of prepaid technology, compliance and operations for the prepaid debit card industry. Prepaid issuers and program managers utilize ARM’s technology platform and services to bolster their debit card program’s profitability and compliance, while gaining significantly better intelligence into program performance.
“We are very impressed with ARM’s technology and expertise in the prepaid debit card industry. We look forward to partnering with ARM from an operational, compliance, and technology perspective to enter the fast-growing prepaid debit card business,” said Bill Dana, President and CEO of Central Bank of Kansas City.
ARM’s PMP transforms the millions of raw transaction data points stored in legacy processor platforms into actionable information, enabling bank issuers and program managers to make intelligent business decisions and to automate many manual tasks. The PMP is accessible via a secure, PCI Level 1 compliant web infrastructure, using a highly intuitive and user-friendly interface. The PMP transforms the time and effort it takes for issuing bank and program managers to build out an operational back office and streamlines areas of compliance and reporting.
“We are excited to partner with the Central Bank of Kansas City in growing their prepaid debit card business”, said Randy Koch, President of ARM Insight, Inc. “By quickly leveraging ARM’s technology, compliance and operational expertise, CBKC can focus on growing their prepaid business.”
About ARM Insight:
ARM Insight is a provider of prepaid business intelligence and compliance services. ARM’s Prepaid Management Platform, which is compatible with all major processor platforms, turns hard-to-use processor data into valuable operational and compliance information. ARM’s Roadmap to Compliance utilizes best practice tools and templates to quickly enhance our prepaid customers’ compliance programs. ARM’s RefundShield software identifies payment fraud (tax refund, social security, unemployment, etc) for program managers, issuing banks, state agencies, and the federal government (IRS and US Treasury). For more information, visit http://www.arminsight.com.
About Central Bank of Kansas City:
Central Bank of Kansas City is a family-owned community bank designated by the U.S. Treasury as a Community Development Financial Institution (CDFI) and Community Development Entity (CDE). With the Main Branch in Kansas City’s Historic Northeast neighborhood—where it was founded in 1951—Central Bank continues to serve its targeted customer base located throughout the Kansas City metropolitan area. The bank has earned the CDFI Bank Enterprise Award many times for its involvement and support of the urban community. For more information, visit http://www.centralbankkc.com (816-483-1210).