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“Elias Olmeta’s impressive track record and expertise in scaling SaaS companies make him the ideal addition to MeridianLink’s leadership team,” said Nicolaas Vlok, CEO of MeridianLink^®. “Together with Larry, who is transitioning to the President role, Elias brings valuable industry insights and relevant expertise that will have an outsized impact on the future successes of MeridianLink as we continue democratizing lending for consumers, businesses, and communities across the country.”

Mr. Olmeta has a long history of driving growth, profitability, and value creation at private and public companies. He has held various senior leadership roles, including CFO positions at Vistage Worldwide and Mitchell International. In those roles, he has been instrumental in overseeing financial operations, implementing growth strategies, and leading large-scale digital transformation initiatives.

“I am thrilled to join MeridianLink at such an exciting and transformative time for the Company and the financial services sector. As the industry continues shifting toward digital offerings, MeridianLink’s products empower financial institutions to drive growth and deepen customer relationships through increased accessibility, convenience, and personalization,” said Mr. Olmeta. “I look forward to contributing to the Company’s continued growth by ensuring we meet our customers’ digital transformation needs while driving sustainable profitability and market share expansion.”

Mr. Olmeta’s extensive background includes roles in finance, corporate development, and operations leadership. Most recently, he served as CFO at Vistage Worldwide, where he led financial operations for a subscription-based professional services business. Prior to that, he was CFO at Mitchell International, a provider of SaaS solutions to the automotive and insurance industry. He has also held positions at CarProof, now part of CARFAX Canada, and Solera Holdings where he spent nearly six years in a variety of corporate development and finance roles. Earlier in his career, Mr. Olmeta spent over a decade at JPMorgan Chase & Co.

Mr. Olmeta currently serves on the board of directors of AutoCanada (TSE: ACQ), Canada’s largest automotive dealer group. He holds a B.A. in economics from the University of Rochester and an M.B.A. from the Simon Business School at the University of Rochester.

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The company has observed a surge in interest from industries such as rental, legal, government, and banking, highlighting the growing demand for efficient and streamlined payment operations. By leveraging Checkbook’s advanced check services, businesses are empowered to enhance their operational efficiency and meet the evolving needs of their clients and partners.

“Our commitment to simplifying check and payment operations has resonated with businesses seeking reliable and efficient payment solutions,” said PJ Gupta, Founder and CEO at Checkbook.

One notable success story includes the partnership with Solosuit, where Checkbook’s comprehensive check services have transformed the payment processes for the company. George Simons, Founder and CEO of Solosuit, commended Checkbook’s versatile API and user-friendly interface, citing the flexibility and efficiency of the check solution as a game-changer for their operations.

“Checkbook is awesome. Its mailed check product has been crucial for building our debt settlement marketplace, since debt collectors want to get paid by check. The flexibility of their product and the speed of their mailing makes it incredibly useful,” shared George Simons.

Despite the availability of numerous digital payment offerings, billions of checks are sent every year due to challenges with adoption of more modern alternatives. Checkbook’s enhanced check capabilities aim to bridge the gap between traditional and modern payment technologies, effectively onboarding customers at any stage of their digital transformation process.

For more information on how Checkbook’s expanded mailed check capabilities can optimize payment operations for your business, visit Checkbook.io.

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As the fintech ecosystem grows increasingly complicated and crowded, MDT offers a wide range of digital-first products and consultative-style services to help credit unions. The company’s sophisticated integration work ensures that credit unions can securely connect with fintechs of choice through seamless integrations into the cores. The 90+ integrations completed by MDT so far this year include nearly 15 Jack Henry Banno implementations, empowering clients with a more modern, robust digital journey.

Saginaw, Mich. United Financial Credit Union has been an MDT client for many years and has recently undergone notable digital transformation initiatives to enhance the member experience. With MDT’s support, the credit union has launched InvestiFi, QCash and Prizeout.

Barbara Appold, president and CEO of the credit union, said, “At United Financial, we’re committed to investing in the digital tools and options that provide our members robust functionality, a great experience and strong financial resources. MDT has been a critical partner in helping us integrate with new partners of choice, making the process as seamless as possible and offering exceptional support along the way. We’re confident our digital initiatives are creating stronger member experiences and helping us solidify a competitive advantage.”

“MDT acts as a navigator for our clients, guiding them through the complexities of the fintech ecosystem and helping them embrace innovation with minimal risk,” said Dan Schneider, CPO at MDT. “We are proud of the integration support we provide our clients as they continue to implement digital-first solutions to streamline operations and better serve members. These efforts are part of our dedication to providing the tailored services and solutions necessary to ensure credit unions across the country are the preferred choice for members.”

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Trovata offers a unique data transport layer for corporate multibank connectivity. As a fully managed service, the Multibank Connector handles client onboarding and consent, and includes groundbreaking features to ensure data quality, accuracy, completeness, and security. These features include built-in reconciliation with automated self-healing, unlimited data storage, and a modern infrastructure that can process billions of bank transactions in milliseconds. This platform differentiates Trovata significantly from legacy service bureaus and traditional file-based sFTP services, offering a better, cheaper, faster, and more secure solution than any other on the market today.

“APIs are the modern building blocks for digital transformation, and yet corporate treasury globally still runs on legacy sFTP services with file formats from the ’80s,” said Brett Turner, founder and CEO of Trovata. “Cloud-native infrastructure, along with bank APIs that provide rich metadata, enable deeper intelligence and automation. With Trovata, treasurers are using AI to better manage risk, controllers are automating reconciliation, and CFOs are discovering that bank transactions labeled by cash flow type at scale are a powerful financial operating tool to improve capital efficiency.”

Since 2018, Trovata has pioneered access to banking APIs, working closely with banks globally to democratize broader use and often being the first to connect a live client. This has led to early adopter banks becoming partners and investors. While Trovata has used its platform to create a next-gen user experience for managing cash and liquidity for hundreds of mid-market and enterprise customers, it is now making its APIs available to banks, ERPs, treasury management systems (TMS), and other financial software providers to power a broader partner ecosystem.

The corporate banking landscape is evolving. In the past five years, many of the largest financial institutions have started developing API programs for their commercial and corporate banking clients. These APIs allow clients to access account balances and transactions directly and move money in real-time. However, unlike the rapid adoption of APIs in retail banking for consumers and small businesses with less than $10 million in annual revenue, the rollout for larger companies has been much slower. This is due to banks’ outdated core infrastructure and stricter security and regulatory requirements, making APIs in wholesale banking for mid-market and enterprise companies difficult to connect to and use. Trovata is bridging this gap.

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MidWestOne Financial Group has introduced a new strategic plan emphasizing expertise, customer experience and deep relationships, and these hires will propel progress in reaching that objective.

“These leaders come at a time of significant transformation for the company. We are accelerating the pace of innovation and performance accountability, and as a result, attracting incredible talent to help us deliver on our strategic plan,” said Chip Reeves, Chief, Executive Officer, MidWestOne Financial Group, Inc. “We are uniquely positioned to become the bank of choice for small-to mid-sized businesses and their owners, and these new hires will help us tell that story and deliver an exceptional customer and employee experience.”

Paul Ho-Sing-Loy, Executive Vice President and Chief Information Officer, is a dynamic and highly accomplished business and technology leader with an outstanding record of success. He joins MidWestOne from Lakeland Bank, where he served as Executive Vice President and Chief Information Officer, and focused on digital strategies, cybersecurity initiatives, and devised the technology roadmap that assisted Lakeland in scaling from $5 billion in assets to $11 billion. Paul also has experience with large national banks such as Wells Fargo and Bank of America. Paul received a Bachelor of Computer Science at Cornell University.

Steve Heimermann, Executive Vice President and Head of Wealth Management, is a passionate wealth management leader with a demonstrated history of team performance and client satisfaction. He joins MidWestOne from Northern Trust Corporation where he was a Senior Vice President and Regional Senior Investment Officer, overseeing the investment teams in six Midwest markets, and serving as portfolio manager for a select group of high-net-worth clients. Steve refined his wealth management expertise at organizations such as Associated Bank and BMO Harris Private Banking. Steve received a Bachelor of Business, Finance/Management Information Systems at the University of Wisconsin Oshkosh, and a Master’s of Business Administration at the University of Minnesota, Carlson School of Management. Steve Heimermann is based out of Golden Valley, Minnesota.

Elda Macias, Senior Vice President and Chief Marketing Officer, is a customer-obsessed marketing leader with proven success leading marketing strategy, digital transformation, and customer experience. She joins MidWestOne from Securian Financial where she developed and led a customer experience strategy and practice, with a focus on digital transformation, in addition to responsibility for the U.S and Canadian websites, customer insights, and user experience. She has been a marketing leader with a focus on segmentation at Ameriprise Financial and Wells Fargo. Elda received a Bachelor of Arts, Communications, at the University of Texas at El Paso, and a Master’s of Business Administration at the University of Minnesota, Carlson School of Management. Elda Macias is based out of Golden Valley, Minnesota.

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“FusionIQ has emerged as the leader in the development of cloud-native wealth management solutions for our rapidly evolving industry. Our innovative platform makes it easy for financial advisors and institutions to adapt to the digital transformation shaping the future of wealth management,” said Mark Healy, FusionIQ’s Chief Executive Officer. “We are incredibly honored to be named a winner, and we thank FinTech Futures and the judges, for the recognition. Congratulations to all our fellow winners.”

FusionIQ delivers the most comprehensive cloud native wealth management platform, seamlessly integrating four core modules – finTAMP, Hybrid Digital Advice, Self-Directed Investing, and Digital Marketplace – through one digital workflow to empower investors and advisors. As a core integration platform, FusionIQ One eliminates the friction between the front, middle, and back offices, resulting in more straightforward implementation and greater flexibility, efficiency, productivity, and profitability. FusionIQ One powers a range of easy-to-implement products including FIQ Freedom, FIQ Journey, FIQ Market One, and FIQ TAMP+, making it easy for credit unions, banks, broker-dealers, family offices, RIAs, and asset managers to scale, delivering the digital investing experience clients and advisors want and the seamless workflows and process automations they need for profitable organic growth.

FusionIQ’s commitment to delivering hassle-free digital solutions for financial advisors and institutions has earned the wealthtech firm accolades. The latest recognition underscores FusionIQ’s impact in the market and the company’s dedication to transforming the wealth management landscape with cutting-edge technology that seamlessly integrates solutions into existing systems and infrastructure.

“With white-label platforms implemented in as little as six weeks, FusionIQ One makes it easy and cost-effective for advisory firms and financial institutions to adapt to digital transformation, driving the digital revolution forward and redefining wealth management,” said Peter Brittain, Head of Business Development at FusionIQ. “We are humbled by this recognition and look forward to deepening our mission of empowering financial professionals to always stay one step ahead as they future-proof their organizations.”

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Accordingly, Visa and SeABank continues to implement effective strategies to promote digital payments through 5 main pillars including: Improving customer experience journey on digital platforms; Improving card products and services; Optimizing the card service ecosystem on digital platforms; Improving efficiency and creativity in marketing and communication activities; Improving risk and fraud management in card issuance and payment.

Mr. Stephen Karpin (President of Visa, Asia-Pacific Region) shared at the signing ceremony: “We are honored to cooperate with SeABank in actualizing our commitment of enhancing Vietnam’s digital payment ecosystem. Partnerships are the key in our journey of supporting banks in improving customer experience and strengthening risk management capacity. Visa is committed to partner with SeABank to obtain the Bank’s long-term goals and make further achievements“.

Madame Nguyen Thi Nga (Permanent vice Chairman of the BOD of SeABank) shared: “As part of our Digital Convergence strategy, SeABank always prioritizes digitalization of products, services and operations. With the partnership of Visa in the recent years, SeABank has made significant changes in card services and forming increasing impression on customers. The expanded cooperation with Visa acts as a premise for SeABank to further enhance efficiency and operational safety, improve customer experience of card products and services on digital platforms“.

With the support of Visa, SeABank has created a revolution on its card services and launched various new card lines including: Signature, SeATravel, SeALady, SeAEasy, SeAGolf, BRG Elite with different privileges tailored for each segments. The Bank’s total card transaction revenue has grown steadily over the years, reaching an annual average growth rate of approximately 125%. SeABank also received many prestigious awards and honors from Visa, Control Case Organization, etc. for its card products and services.

As the rapid transition from cash to digital payments in Vietnam opens up many opportunities for  card development, the expanded cooperation is expected to help SeABank break through, thereby opening up opportunities towards the future of digital payment, contributing to the national digital transformation.

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United Fintech is an industry-neutral Digital Transformation platform which enables banks and Financial Institutions to accelerate access to a range of innovative fintechs specialising in capital markets. This latest development from United Fintech builds on its mission to drive digital innovation, offer transformative solutions and enhance the capabilities of Financial Institutions worldwide.

“Expanding into the DIFC marks a strategic advancement for United Fintech, broadening the global footprint of our industry-neutral Digital Transformation platform and meeting the growing demands of the financial services industry. We are encouraged by the enthusiastic market reception and the substantial opportunities this presents for our growth and the enhancement of our ecosystem,” says Christian Frahm, CEO, United Fintech.

Rasmus Bagger, CCO, United Fintech, will have overall responsibility for the Dubai office. He comments, “This is a significant opportunity for United Fintech and we are excited about growing our client base and team in the region and playing a major role in connecting Financial Institutions with cutting-edge technology providers, all under a single platform.”

Early successes signal future growth

As United Fintech sets roots in the UAE, it is already seeing significant interest in its innovative offerings from across the region. Athena, part of United Fintech, well-known for its world-class, full front-to-back OMS/PMS solution, has experienced substantial traction.

“United Fintech’s establishment in the DIFC is significantly broadening Athena’s horizons, enhancing our ability to extend our services to drive technical transformation and enhance the operating models of asset managers and hedge funds in the region. The ability for the buy-side to have a truly cloud-native solution that can keep clients’ data within the state is a game changer. Growing our footprint throughout the GCC represents our commitment to the region’s buy-side community, our GCC clients and acts as a strategic milestone for the entire United Fintech group,” say Raj Rathor, Head of EMEA Sales at Athena.

Founded in 2020, United Fintech employs over 160 people in eight countries, including the UK, Denmark, Spain and the USA. Its industry-neutral Digital Transformation platform provides access to an extensive range of products from five innovative capital markets software companies: Athena, CobaltFX, FairXchange, Netdania and TTMzero.

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