DCI (Data Center Inc.), a private developer of fintech and digital banking solutions, has partnered with Atomic to provide financial institutions with a digital payroll solution, according to a press release.
This solution includes integration with GoBanking and GoDeposits, DCI’s digital banking products, among others.
If you want to find more details about the new digital payroll project launched by DCI and Atomic, download for free our companion app. The Born2Invest business news app keeps its readers up to date with the most important news of the day.
A quick way to set up digital deposits
Thanks to the partnership, DCI’s business customers will be able to digitize various operations without having to develop their own integrations or invest in advanced technology infrastructure. This will allow banks, for example, to quickly verify their customers’ employment status and income, set up direct deposits digitally, and offer early access to wages.
Jordan Wright, CEO and co-founder of Atomic, said: “We are very excited about this partnership with DCI. Their customers can now access account funding streams without being hindered by costly technology infrastructure or lengthy processes to develop integrations with each payroll system.”
Atomic introduces new API solutions
The new option to digitize payment streams will allow DCI customers to accelerate the capture of direct deposits. Later this year, they will also gain access to Atomic’s Verify and Earn solutions via API interfaces.
Earn solutions will allow banks to retrieve information about their customers’ earnings before they receive their paychecks. This also makes it possible to unlock liquidity early. Verify solutions allow bank customers to prove how much income they have and what their employment is.
Commenting on the news, Sarah Fankhauser, CEO and President of DCI, said: “Partnering with Atomic helps us enhance our digital banking solutions by digitizing direct deposit and adding Verify and Earn solutions. If a new partnership helps our banks stay competitive with the larger financial institutions, it’s a win-win for all of us.”
About Atomic and DCI
Atomic is a leading provider of payroll solutions in the market. Its customers include over 150 fintech companies and financial institutions, including 13 of the most well-known fintech apps.
DCI has developed the award-winning iCore360® and iCoreGO® banking software used by financial institutions across the US for their fintech and banking solutions. The solutions and software are compatible with various types of platforms.
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