UMB and Fraedom Partner on Suite of Card Services

Fraedom and UMB Financial Corporation have announced a partnership that will enable UMB to develop a full suite of card services, including expense and card management, reporting and a mobile app, to support its business customers. 

In the first phase of the partnership, the two companies will work together to migrate UMB’s existing commercial card customers from two separate legacy systems onto Fraedom’s own advanced card technology platform, which will be ‘white-labelled’, enabling UMB to deliver an improved experience and enhanced product offering to its customers. 

Subsequent phases of the partnership will focus on continuing to focus on elevating user experience and delivering upon use. The two companies already have plans to develop and launch a new mobile app, targeting a launch among UMB’s existing customers in the first half of 2019 to create a mobile first user experience that will complement the existing browser-based platform. 

 

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