BLUE BELL, PA — Rego Payment Architectures, Inc. has been awarded the most promising solution at this year’s ThinkTECH Accelerator showcase. The event, hosted at the Graduate School of Banking at Colorado on July 24, 2024, saw REGO clinch the prestigious Banker’s Choice Award, sponsored by Fiserv.
The award was decided by community banking and industry leaders who evaluated seven-minute pitches from various fintech founders. These presentations highlighted innovations in artificial intelligence, financial health, subscription management, digital onboarding, and compliance.
Charles Potts, Executive Vice President and Chief Innovation Officer at ICBA, emphasized the importance of community banks in financial stewardship. “As trusted financial stewards, community banks are a natural resource for consumers looking for better ways to manage their money and instill strong financial habits,” he said. “The Banker’s Choice Award reflects the strong impression REGO made on our attendees. We are proud to recognize REGO for its outstanding contribution to community bank innovation and its potential to positively impact the financial well-being of the customers they serve.”
Founded in 2008, REGO offers a white-label family lifecycle platform tailored for financial institutions. The platform allows kids to manage and spend money within a parent-controlled environment, promoting financial literacy and responsibility.
James Peil, head of partnerships at REGO, expressed gratitude for the recognition. “REGO is honored to receive the Banker’s Choice Award, recognizing our growth throughout the ICBA ThinkTECH Accelerator program and the work of our team to refine our solution based on the invaluable feedback received throughout the 10-week program,” he stated. “This accolade affirms our commitment to developing solutions that truly help community banks thrive and fuels our drive to continue helping financial institutions achieve new heights in innovation.”
The recognition is a testament to REGO’s impact in the fintech space and its potential to transform financial habits and practices for young users under the guidance of their parents.
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