BLUE BELL, PA — Rego Payment Architectures, Inc. (OTCQB: RPMT) has unveiled a series of significant milestones, including product innovation, market expansion, and strengthening its leadership team. The firm’s youth banking product and new senior financial management (SFM) solution aim to transform how financial institutions serve families across generations.
Building a Comprehensive Family Banking Platform
Since 2020, REGO has built a robust executive team to spearhead its development into a leading provider of white-labeled banking solutions. Chief Executive Officer Peter S. Pelullo, alongside Head of Product Steven Kravit and Chief Technology Officer Mark Vanderbeek, has driven the platform’s evolution. Over time, the team has expanded with key leaders such as Chief Marketing Officer Pawan Murthy and Head of Sales James Peil, who joined in 2023 to enhance uptake among banks and credit unions.
“Our corporate actions have put us on a course to execute our corporate strategy in the near term,” said Pelullo, highlighting the successful adoption of REGO’s family-focused financial products.
Innovative Solutions for Families
REGO’s core offerings are tailored to improve the financial lives of families and include the following products:
- Youth Banking: A white-labeled tool that empowers parents to oversee their children’s financial activities, offering features such as earning, saving, and fractional investing.
- Senior Financial Management (SFM): A secure solution protecting older adults from fraud while allowing fiduciaries and caregivers to monitor financial activity across institutions.
- Small Business Purchase Solution (Upcoming): A planned product enabling businesses to issue employee debit cards with custom restrictions to tighten expense control.
These solutions extend REGO’s reach to almost 80% of financial institutions in the U.S., thanks to partnerships with core providers and fintech platforms.
Commitment to Compliance and Accessibility
REGO distinguishes itself with strict adherence to industry compliance standards, including COPPA certification for child privacy, GDPR compliance for data security, ADA compliance for accessibility, and multi-lingual support. Its patented innovations, such as parental controls and age-verification tools, position the platform as a category leader.
Industry-Driven Advisory Board
Strengthening its strategic focus, REGO’s advisory board features prominent figures like Stuart C. Harvey Jr., former CEO of Ceridian Corporation, and fintech investment expert Warren Fisher. The board’s expertise supports REGO’s growth initiatives, market positioning, and future acquisitions.
Positioned for Long-Term Success
With its expanding product portfolio and emphasis on compliance, accessibility, and innovation, REGO Payment Architectures is poised to redefine family lifecycle banking. By supporting families through scalable tools for youth and seniors, the company cements its role as a key partner for forward-looking financial institutions.
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