News & Press

April 24, 2018

Future Tech Podcast: URBAN FT, OFFERING AWARD-WINNING DIGITAL BANKING SOLUTIONS
The mission of Urban FT is to deliver an exceptionally compelling mobile and Web banking user experience along with best-in-class digital banking features and functionality to empower small-to-midsize financial institutions to compete effectively against all comers.

March 2018

PYMNTS: Urban FT Rated #1 in PYMNTS.com Digital Banking Tracker™
The Digital Banking Tracker™ brings you the latest news, research and expert commentary from the FinTech and consumer banking space, along with profiles of dozens of companies in the industry.

February 6, 2018

PYMNTS: Unlocking The Future For FI’s $2B And Under Club
Though estimates can vary depending on source, there are a total of approximately 14,000 banks in the United States – and 92 percent of them have less than two billion dollars of assets.

February 5, 2018

Payments Source: Urban FT absorbs mobile-app platform Digiliti
Urban FT has acquired Digiliti, a troubled developer of mobile banking app technology, and will integrate its services into its white-label banking platform.

February 2, 2018

Detar Plus: URBAN FT FINALLY LANDS DIGILITI MONEY ACQUISITION
Urban FT Group, a SaaS-based digital banking platform, confirmed Friday that it has entered into terms to acquire the business and certain assets of Digiliti Money Inc., the wholly owned subsidiary of publicly listed Digiliti Money Group Inc., as part of a statutory merger of Digiliti into Urban FT’s affiliate, FinTech Imaging Solutions Inc.

February 2, 2018

Financial Buzz: Digiliti Money (formerly Cachet Financial Solutions) to Merge Into Urban FT

Urban FT Group, Inc., the industry leading SaaS-based digital banking platform, confirms that it has entered into terms to acquire the business and certain assets of Digiliti Money, Inc. (Digiliti), the wholly owned subsidiary of publicly listed Digiliti Money Group, Inc. as part of a statutory merger of Digiliti into Urban FT’s affiliate, FinTech Imaging Solutions, Inc.

February 2, 2018

Finovate Blog: Digiliti Money Merges Under Urban FT
The second time’s the charm for digital banking platform Urban FT. The New York-based company has successfully agreed to a deal with Digiliti Money, a subsidiary of Digiliti Money Group (formerly Cachet Financial Solutions) under which Digiliti will merge into Urban FT’s affiliate, FinTech Imaging Solutions.

February 2, 2018

Banking Technology: Urban FT takes over troubled Digiliti Money
Digiliti Money (formerly Cachet Financial Solutions) will become part of Urban FT, a US-based provider of digital banking software. Digiliti will merge into Urban FT’s affiliate, FinTech Imaging Solutions.

February 2, 2018

FinExtra: Urban FT agrees to buy Digiliti Money
SaaS-based digital banking platform Urban FT has finally agreed a deal to buy remote deposit capture vendor Digiliti Money. Terms have not been disclosed.

February 2, 2018

NASDAQ: Digiliti Money (formerly Cachet Financial Solutions) to Merge Into Urban FT
Urban FT Group, Inc., the industry leading SaaS-based digital banking platform, confirms that it has entered into terms to acquire the business and certain assets of Digiliti Money, Inc. (Digiliti), the wholly owned subsidiary of publicly listed Digiliti Money Group, Inc. as part of a statutory merger of Digiliti into Urban FT’s affiliate, FinTech Imaging Solutions, Inc.

February 2, 2018

Mobile Payments Today: Urban FT finally lands Digiliti Money acquisition
Urban FT Group, a SaaS-based digital banking platform, confirmed Friday that it has entered into terms to acquire the business and certain assets of Digiliti Money Inc., the wholly owned subsidiary of publicly listed Digiliti Money Group Inc., as part of a statutory merger of Digiliti into Urban FT’s affiliate, FinTech Imaging Solutions Inc.

February 2, 2018

Business Wire: Digiliti Money (formerly Cachet Financial Solutions) to Merge Into Urban FT
Urban FT Group, Inc., the industry leading SaaS-based digital banking platform, confirms that it has entered into terms to acquire the business and certain assets of Digiliti Money, Inc. (Digiliti), the wholly owned subsidiary of publicly listed Digiliti Money Group, Inc. as part of a statutory merger of Digiliti into Urban FT’s affiliate, FinTech Imaging Solutions, Inc.

January 10, 2018

Credit Union Times: New Partnership Delivers Digital Banking Solutions to CUs
Urban FT, a white-label mobile banking and mobile check deposit services provider, and Fortress Plus, financial fraud prevention solutions supplier, partnered to co-market their services to credit unions and community banks.

January 10, 2018

Banking Tech: Urban FT and Fortress Plus to co-market digital banking
Urban FT and Connecticut-based Fortress Plus have teamed up to add digital banking services and fraud protection for community banks and credit unions in the US.

December 21, 2017

The Daily Telescope: Urban FT and Fortress Plus Partner to Deliver Best-in-Breed Digital Banking Solutions to Community Banks and Credit Unions
Urban FT, the award-winning provider of white-label mobile banking and mobile check deposit services, and Fortress Plus, a leading provider of financial fraud prevention solutions, have partnered to co-market their services to community banks and credit unions.

December 15, 2017

PYMNTS: 2017 In Payments: The Year Of …
PYMNTS asked 30 industry experts how they would characterize the year and got 30 different answers, so it seems it all depends on perspective.

November 22, 2017

PYMNTS: Artificial Intelligence: FIs’ Friend Or Foe?
Kasey Kaplan, co-founder of Urban FT, predicts that AI in banking will go the same way as mobile apps: Today, the big banks with big budgets are leading the charge, but a few years down the road, the capabilities offered by AI will simply be expected parts of the banking relationship and customer service experience.

September 13, 2017

Paybefore: Digiliti Money Filing Reveals Deal Progress
Digiliti Money (DGLT) may have gotten knocked down, but it’s not out. And neither is a revised bid from prospective buyer Urban FT.

August 29, 2017

PYMNTS: Urban FT’s Bid For Digiliti Money Group Turned Down
In the surprise turn of the week in payments and commerce – it looks like the deal between Urban FT and embattled digital financial services firm Digiliti is on hold and quite possibly off the table entirely.

August 29, 2017

Paybefore: Digiliti Money Rejects Urban FT Offer
Prospective buyer Urban FT, which first announced its desire to acquire mobile app technology company Digiliti Money (DGLT) on Aug. 16, reports that its revised offer for the company has been rebuffed.

August 29, 2017

Business Wire: Digiliti Money Rejects Lifeline from Urban FT
NEW YORK–(BUSINESS WIRE)–Urban FT, Inc., the industry leading SaaS-based digital banking platform, confirms that its negotiations with the troubled NASDAQ-listed Digiliti Money Group, Inc. (NASDAQ:DGLT) abruptly came to an end late last night when DGLT formally rejected the lifeline being offered by Urban FT.

August 25, 2017

PYMNTS: Urban FT Confirms Its Making A Bid To Buy Digiliti Money Group
Urban FT, an industry leading software as a service (SaaS)-based digital banking platform, has confirmed it is in advanced negotiations with Digiliti Money Group (DGLT) regarding a potential transaction to help DGLT avoid potential bankruptcy proceedings.

August 25, 2017

Business Wire: Urban FT Hopes to Reach a Deal with Troubled Digiliti Money
NEW YORK–(BUSINESS WIRE)–Urban FT, Inc., the industry leading SaaS-based digital banking platform, confirms it is in advanced negotiations with the troubled NASDAQ-listed Digiliti Money Group, Inc. (NASDAQ: DGLT), the mobile app technology firm, in respect of a potential transaction that will see DGLT stave off potential bankruptcy proceedings.

August 16, 2017

Mobile Payments Today: Urban FT proposes offer to acquired troubled Digiliti Money
Urban FT, a provider of white-label digital banking applications for bank and non-bank issuers, has made a bid to acquire the recently troubled mobile app tech firm, Digiliti Money Group, according to an Urban FT press release.

August 16, 2017

Benzinga: Digiliti Money Halted On A T-12 After Urban FT Makes Bid
Back in 2016, shares of DryShips inexplicably soared from less than $5 per share to more than $100 per share for no company specific reason. The stock was then halted by the Nasdaq stock exchange under a “T12” halt code, which is a request for information from the company and is typically associated with unusual trading activity.

August 16, 2017

Paybefore: Urban FT throws Digiliti Money a life raft
Digiliti Money may be able to breathe a much-needed sigh of relief after a tumultuous few weeks, including declining revenues, appointing an interim CEO and the Aug. 14 delay of its Q2 earnings report.

August 16, 2017

Business Wire: Urban FT Makes Compelling Bid to Rescue Troubled Digiliti Money
NEW YORK–(BUSINESS WIRE)–Urban FT, Inc., the industry leading SaaS-based digital banking platform, has made a bid to rescue troubled NASDQ-listed Digiliti Money Group, Inc. (NASDQ: DGLT), the mobile app technology firm. On Tuesday, August 15, The Board of Urban FT contacted the Digiliti Money chairman with a bona fide, all-cash purchase offer that would enable the company to continue to serve its customers and stave off potential bankruptcy proceedings. The acquisition, if accepted, would be funded, through Morgan Stanley, on behalf of Urban FT’s principal investor.

August 16, 2017

PYMNTS: Urban FT Makes Bid For Troubled Online Bank Digiliti
Urban FT has launched a bid for struggling mobile money firm Digiliti. To get a sense of the strategy behind the deal, Karen Webster got an exclusive first look with Urban FT’s CEO Richard Steggall about why he and Urban FT took such an interest in a digital bank that’s teetering on the edge of disaster.

August 4, 2017

Mobile Payments Today: What more can mobile banking do for consumers?
What have you done for me lately? That’s a question consumers seem to be asking their banks these days despite the advances financial institutions have made the past few years with their mobile banking apps.

July 31, 2017

Payments Journal: Executive Spotlight: Richard Steggall
What have you done for me lately? That’s a question consumers seem to be asking their banks these days despite the advances financial institutions have made the past few years with their mobile banking apps.

July 18, 2017

Business Wire: Urban FT Announces Strategic Growth Investment with Its Tech Acquisition of iParse
NEW YORK–(BUSINESS WIRE)–Urban FT, Inc. today announced it has completed the acquisition of iParse LLC, an Oregon-based tech firm and holder of a number of mobile banking-related patents. Terms of the deal between the two privately held companies were not disclosed. iParse will operate as a separate unit of Urban FT, and, except for the iParse founders, who are retiring, current staff will continue working for the expanded company.

July 18, 2017

Finovate Blog: Urban FT Acquires iParse
B2B digital banking platform Urban FT acquired Oregon-based iParse today. Urban FT plans to leverage iParse’s technology and its mobile banking-related patents.

July 18, 2017

FinExtra: Urban FT buys iParse
Urban FT, Inc. today announced it has completed the acquisition of iParse LLC, an Oregon-based tech firm and holder of a number of mobile banking-related patents.

July 18, 2017

American Banker: Urban FT buys fintech company iParse
The white-label banking platform provider Urban FT has purchased the mobile banking technology firm iParse and several of its patents.

July 18, 2017

PYMNTS: Urban FT Acquires iParse To Bridge The Mobile Banking Gap
When it comes to mobile banking, there’s often a massive gap between the consumer’s experience with a big bank and with a smaller regional operator or credit union.