July 20th, 2017 (Dell Rapids, S.D.) - Central Bank of Kansas City (CBKC) continues its ascension as a top-of-mind payments issuer by announcing today that its Central Payments division and two of its partners have won four prestigious Pay Awards, including two Best-in-Category honors. The winners include:
Best-in-Category: Consumer Champion – ChimpChange Prepaid Mastercard®
Best-in-Category: Best Mobile App – ChimpChange Mobile Banking
Winner: Prepaid Startup of the Year – ChimpChange, LLC
Winner: Outstanding White-Label Program –Select Mobile™ Money
As Best-in-Category winner in the Consumer Champion and Best Mobile App categories and a winner in the Prepaid Startup of the Year category, ChimpChange is financially empowering consumers by providing a low-cost alternative to traditional banking products with an enriched user experience. ChimpChange uses proprietary predictive technology to create easy to understand bar charts and wheel graphs for at-a-glance spending breakdowns.
As a winner in the Outstanding While-Label Program category, the Select Mobile Money
program is a joint program management venture with Digiliti Money, Inc. CBKC’s custom branded prepaid card program is complimented by Digiliti Money’s mobile app technology and acquisition websites. The platform allows for rapid, low-cost deployment for clients and is the preferred prepaid card product of ICBA Bancard®, the payments services subsidiary of the Independent Community Bankers of America® (ICBA).
“We are honored to be a part of two great payments products,” said Trent Sorbe, President of Central Payments. “These awards are a testament to the collaborative approach we take with partners delivering cutting-edge technology on top of the safety and stability of our bank-issuing platform. We have enjoyed our partnerships with ChimpChange and Digiliti Money and look forward to continued growth and innovation.”
For more than a decade, the Pay Awards honor excellence and innovation in prepaid and
payments technology worldwide. The awards are presented annually by Paybefore, whose
publications are a leading source of industry information for payments executives. Central
Payments’ partners were selected as winners from a field of global entrants by a panel of
industry expert judges.
About Central Payments and Central Bank of Kansas City
Central Payments operates as the payments division of Central Bank of Kansas City (CBKC) and administers prepaid card programs issued by CBKC via retail, employer/payroll, and online outlets nationwide. CBKC is a 66-year-old family-owned bank located in the heart of Kansas City, Mo. and one of 136 financial institutions in the country certified by the U.S. Treasury as a Community Development Financial Institution (CDFI). CBKC and Central Payments share the mission to provide high-quality financial products to consumers of modest means who historically have not enjoyed the benefits of affordable and accessible financial services. “Treat Each Customer’s Balance as Though It’s All They Have” guides our approach to product design, customer service, and affordability. Member FDIC.
About Chimpchange LLC
Based in Los Angeles, California, ChimpChange delivers a better way to bank with two key
value propositions to customers. First, it makes free retail banking available to tens of millions of Americans who typically pay monthly fees and overdraft fees to have a bank account. Secondly, the Company provides money management tools to help customers better understand how they spend their money, and save their money. You can download ChimpChange at the App Store or Google Play, or visit: www.chimpchange.me.
About Digiliti Money, Inc.
Digiliti Money, Inc. is a leading cloud-based, SaaS technology provider serving the financial
services industry with mobile money and remote deposit capture solutions for PC, Mac and
mobile. Founded in 2010, Digiliti Money has quickly grown into a technology leader and trusted partner of some of the world’s largest and most respected financial organizations. With remarkable growth, an impressive client base and award-winning technologies, Digiliti Money continues to drive innovation and deliver world-class solutions to financial institutions of all sizes. For more information, visit www.digilitimoney.com.
Paybefore is the leading information provider to prepaid, mobile and emerging payments
industry professionals, offering the latest news, commentary and analysis. Paybefore's family of media properties includes: Paybefore.com; Pay News; Pay Gov; Pay Week; Pay Op-Ed; Pay Magazine and a global payments directory, Pay Connect available online. Visit