Summary: Banking Beyond the Balance Sheet
In today’s digital economy, banking is no longer just about deposits and withdrawals. For fintech innovators, the right banking partner can accelerate product launches, ensure compliance, and scale with your vision. Choosing the wrong bank? It can slow you down, expose you to risk and limit your growth.
At First Internet Bank, we’ve spent more than 25 years redefining what banking means in a digital-first world. As one of the original fully online banks, we understand speed, scalability and innovation—because we were a “fintech” once too (before the term even existed).
Why Your Bank Choice Matters
Your banking partner impacts everything from how quickly you can launch to how confidently you can scale. It influences your customer experience, regulatory posture, and bottom line. In a world where financial services are increasingly embedded into software, your bank becomes part of your product.
Key Considerations for Fintechs:
- Speed to Market: Can your bank help you launch quickly?
- Compliance Expertise: Does your partner understand the Bank Secrecy Act (BSA), Anti-Money Laundering (AML) and regulatory frameworks?
- Scalability: Will your bank grow with you as your customer base expands?
First Internet Bank: A Digital Banking Pioneer
We were among the first banks to go fully online—long before digital banking became the norm. That legacy gives us a unique perspective on financial technology and transformation. We’ve seen fintech evolve firsthand because we’ve helped shape it.
Our Strengths:
- FDIC-Insured* accounts: Protect your funds and your customers.
- Robust Risk Management: Stability and security you can trust.
- Compliance-First Approach: Navigate complex regulations with confidence.
Fintech Partnerships That Deliver
To succeed, fintechs need more than a vendor—they need a strategic ally. That’s why we’ve built a dedicated partnership team focused on helping innovators bring ideas to market quickly and securely.
Our Fintech Solutions Include:
- Demand Deposit Accounts (DDAs): Flexible account structures for your customers.
- Branded Card Programs: Debit and credit solutions tailored to your brand.
- Real-Time Payments and Automated Clearing House (ACH): Move money fast with modern payment rails.
- Open Banking Architecture: Seamless API integration for faster onboarding.
- Operational Support: From BSA compliance to product management, we’ve got you covered.
Why First Internet Bank Is Different
- Innovation DNA: We were digital before digital was cool.
- Scalable Infrastructure: Built to support your growth today and tomorrow.
- Partnership Mindset: We don’t just process transactions—we help you imagine more.
Open Banking: The Future of Fintech
Open banking isn’t just a buzzword—it’s the foundation for modern financial services. Our API-driven architecture enables fintechs to integrate quickly, reduce friction and deliver exceptional customer experiences.
Benefits for Fintechs:
- Faster time-to-market.
- Enhanced security and compliance.
- Improved customer engagement through embedded finance.
Ready to Build Something Extraordinary?
Your vision deserves a banking partner that understands innovation. At First Internet Bank, we combine financial strength, regulatory expertise and a passion for technology and customized service to help fintechs thrive. Connect with our team today.
*Deposits are FDIC insured up to $250,000 per depositor for each account ownership category. To learn more, visit www.fdic.gov.
