Joe Mancini, Executive Vice President and Chief Operating officer The financial industry is progressing, with fintech and new businesses boosting the sector's ability to keep up with ever-evolving customer expectations. However, emerging changes like heightened regulatory scrutiny and security risks associated with fintechs make it hard for financial institutions to adopt new tech and deliver the desired customer experiences and overall satisfaction.
Equipped with tools to tackle these challenges, BankProv emerges as a future-ready commercial bank that offers adaptive and technology-first banking solutions to businesses across emerging markets like digital assets, fintech, and renewable energy. It partners with leading fintech companies to offer innovative banking-as-a-service solutions that deliver next-level customer experiences to businesses and consumers across the U.S.
BankProv adopts a technology-agnostic approach while partnering with key providers in the fintech space to develop groundbreaking solutions. Apart from these out-of-the-box solutions, it builds and customizes scalable solutions through its seasoned in-house development team. Through these competencies, BankProv strives to achieve real-time demand and cost efficiency. For every client, it emphasizes performing a cultural alignment to ensure the achievement of goals by providing the right solutions within the desired time frame.
"Our key driving factor is our ability to meet client needs in a variety of tech-driven ways, either through key technology provider partnerships or our internally developed tech stack," says Joe Mancini, executive vice president and chief operating officer of BankProv.
BankProv’s unique offerings make it the only bank in the crypto space to supply reliable banking-as-a-service solutions with sub-ledgering capabilities and a full suite of scalable and secure APIs. Through its BaaS offering, BankProv allows fintechs to access traditional payment rails and branded debit card services, as well as the ability to instantly transfer funds to other accountholders at BankProv using the ProvXchange network.
BankProv's collective expertise, built on a solid foundation driven by industry leaders, former regulators and crypto enthusiasts, is what sets it apart from market competitors. Its specialists have expertise across risk management, sales, operations, and other business facets. Concurrently, its feedback-, solution-, and business-enabling risk mindset enables the proactive evaluation of risks across a client's existing infrastructure while actively seeking newer ways to support banking across various industries.
Our key driving factor is our ability to meet client needs in a variety of tech-driven ways, either through key technology provider partnerships or our internally developed tech stack
Through its robust suite of tech-wrapped solutions, BankProv has ignited many success stories. One example is a crowdfunding investment platform that required a plug-and-play approach to provide a multi-layer solution. For this project, BankProv combined on- and off-ramp capabilities with their basic operational needs and provided a one-scale solution that eliminated the need for a multi-bank model to significantly reduce costs and improve process efficiency.
At the heart of BankProv's consistent customer success is the agile and seasoned team at its helm with vast experience, which they leverage to develop solutions precisely aligned with prevalent banking needs. Today, it is a leading partner that consistently innovates novel technologies backed by 200 years of experience to deliver better banking experiences. Moving forward, BankProv aims to continue leveraging its cross-functional approach that blends the experiences of its sales, operations, risk management, and technology teams to provide customer-centric solutions for existing and emerging banking arenas.
In his capacity at BankProv, Curt will lead business development efforts and work closely with clients in the commercial loan portfolio. Embracing a community-centric approach, he will actively engage with local community organizations, and cultivate relationships with business owners in the community.
"We are thrilled to welcome Curt to our team of seasoned business bankers," stated Joe Kenney, Chief Lending Officer. "Curt's ability to understand each client's unique business needs and deliver tailored solutions to support their business growth perfectly aligns with our mission at BankProv."
Murray's extensive financial services background is complemented by his proven skills in commercial lending and leadership. A graduate of Middlesex College, he is currently pursuing a Bachelor of Science in Organizational Leadership from Southern New Hampshire University. Actively involved with the Portsmouth Chamber of Commerce, Curt has played integral roles on various committees and boards at the Portsmouth Elks Lodge since 2016.
"I am excited about joining the BankProv team," expressed Murray. "Nothing brings me more satisfaction than contributing to the well-being of the local community and supporting the growth of area businesses."