Metropolitan Commercial Bank launches enhanced consumer digital banking platform in partnership with ebankIT
MCB has partnered with ebankIT to launch a consumer digital banking platform that will enhance its clients' banking experience and accelerate onboarding.
'We are proud to partner with MCB. This platform not only simplifies onboarding and account funding but also provides the foundational capabilities for MCB to scale its digital offerings further.' — Paul Provenzano, VP Market Development at ebankIT.
ATLANTA, GA, UNITED STATES, January 28, 2025 / EINPresswire.com / -- Metropolitan Commercial Bank (MCB) has launched a next-generation consumer digital banking platform, powered by ebankIT, marking a significant milestone in its digital transformation journey.
The new platform offers MCB clients a fully digital, frictionless onboarding process, allowing for seamless online account opening and external account funding.
It also enhances online transactions with features like Zelle, bill payment, and remote check deposit. Robust security is built in, with integrations for fraud prevention, KYC, account validation, and real-time support, ensuring both safety and ease of use.
'We are proud to partner with MCB in delivering an enhanced digital experience for their consumers,' said Paul Provenzano, VP Market Development at ebankIT. 'This platform not only simplifies onboarding and account funding but also provides the foundational capabilities for MCB to scale its digital offerings further.'
This implementation was the successful integration of ebankIT's platform with MCB's existing core systems. This included introducing new third-party integrations with industry-leading partners. These integrations will provide cutting-edge solutions for account funding, fraud prevention, and customer interactions.
This launch brings immediate advantages to MCB's clients, including faster and more convenient account activation, greater customer control over account funding, and access to multiple financial transactions and payment options in a secure digital environment.
Building on the success of consumer banking, the next phase of the digital banking platform will extend digital capabilities to business and commercial accounts.
About Metropolitan Commercial Bank
Metropolitan Commercial Bank (the 'Bank', 'MCB') is a New York City based full-service commercial bank. The Bank provides a broad range of business, commercial and personal banking products and services to individuals, small businesses, private and public middle-market and corporate enterprises and institutions, municipalities and local government entities.
The Bank offers specialized banking services tailored to the unique needs of diverse industries, including law firms, residential healthcare facilities, real estate property managers, government entities, charter schools, and global investors utilizing EB-5 financial solutions. MCB also provides expert support for title and escrow services, 1031 exchanges, and direct merchant acquiring, enabling faster setups, lower costs, and reduced risks for businesses. With personalized service and dedicated bankers and relationship managers, MCB empowers clients to navigate complex markets with confidence and ease.
Metropolitan Commercial Bank was named one of Newsweek's Best Regional Banks in 2024 and 2025. The Bank was ranked by Independent Community Bankers of America among the top ten successful loan producers for 2024 by loan category and asset size for commercial banks with more than $1 billion in assets. Kroll affirmed a BBB+ (investment grade) deposit rating on January 25, 2024. For the fourth time, MCB has earned a place in the Piper Sandler Bank Sm-All Stars Class of 2024. Metropolitan Commercial Bank operates banking centers and private client offices in Manhattan and Boro Park, Brooklyn, within New York City, as well as in Great Neck on Long Island, New York.
The Bank is a New York State chartered commercial bank, a member of the Federal Reserve System and the Federal Deposit Insurance Corporation, and an equal housing lender. The parent company of Metropolitan Commercial Bank is Metropolitan Bank Holding Corp. (NYSE: MCB). For more information, please visit the Bank's website at MCBankNY.com.
About ebankIT
ebankIT is an industry-leading company that enables banks and credit unions to deliver the same humanized, personalized, and accessible digital experience on mobile, web, and voice banking, as well as whatever future channels may come next. Enhanced with flexible and robust full omnichannel capabilities, ebankIT Digital Banking Platform offers a fast and seamless digital banking transformation. With extensive customization capacity and a continuous focus on human interactions, ebankIT future-proves the digital strategy of banks and credit unions, empowering them with a truly customer-first approach. For more information visit www.ebankit.com.
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Hegseth, Marine Corps veteran go rounds on Signal use at Congressional hearing In a dizzying exchange on the military strike information that Hegseth shared on at least two group Signal chats — one including Cabinet members and a second group chat that included his wife and brother — Hegseth tried to argue that the classification markings of any information about those military operations details could not be discussed with lawmakers at a House Armed Services Committee hearing Thursday. That became a quick trap, as Hegseth has tried to argue that nothing he posted — on strike times and munitions dropped on Houthis in Yemen — was classified. Marine veteran Rep. Seth Moulton, a Massachusetts Democrat, jumped on the disparity. 'You can very well disclose whether or not it was classified,' Moulton said. 'What's not classified is that it was an incredible successful mission,' Hegseth responded. Pentagon Inspector General report on Hegseth Signal use expected in days, lawmaker says Rep. Seth Moulton harshly questioned Hegseth on his use of the Signal app to share military attack plans. Moulton revealed that the Pentagon's inspector general report of the secretary's Signal is expected in days. Moulton, a Massachusetts Democrat who served in the military as a Marine, asked Hegseth whether he would hold himself accountable if the inspector general finds that he placed classified information on the app. Hegseth would not directly say if he would hold himself accountable, saying only that he serves 'at the pleasure of the president.' Republicans accuse Democratic governors of protecting criminals Rep. James Comer, chairman of the House Committee on Oversight and Government Reform, opened Thursday's hearing with large, full-color posters on display showing men who the Republicans said were in the country illegally when arrested for crimes in Illinois, Minnesota and New York. 'Sanctuary policies do not protect Americans, they protect criminal illegal aliens,' Comer told the states' Democratic governors. There's no legal definition of a sanctuary jurisdiction. It generally refers to governments with policies limiting cooperation with federal immigration enforcement. Courts have upheld the legality of such laws, but Trump's administration has sued several states and cities, asserting their policies violate the U.S. Constitution or federal law. Illinois, Minnesota and New York also were among 14 states and hundreds of cities and counties listed by the Department of Homeland Security as 'sanctuary jurisdictions defying federal immigration law.' ▶ Read more about the Congressional hearing on 'sanctuary jurisdictions' Hegseth tells Congress Pentagon has military plans for potential Panama, Greenland invasions The defense secretary revealed it in a heated exchange with Washington Democrat Rep. Adam Smith, confirming that the Pentagon has drafted plans to take Greenland and Panama by force if necessary. 'I don't think the American people voted for President Trump because they were hoping we would invade Greenland,' Smith said. 'I think the American people would want the Pentagon to have plans for any particular contingency,' Hegseth responded. Drawing up contingency plans for potential conflicts is not unusual at the Pentagon, but Trump wants to increase U.S. influence in Panama and has suggested the U.S. military take Greenland, which has become more strategic as the U.S. seeks to bolster defenses against China. 'Greenland is not for sale,' said Jacob Isbosethsen, the government's representative to the U.S., pushing back Thursday at an Arctic Institute forum in Washington. Third day of Pete Hegseth testimony: No answers, no budget, and frustrated lawmakers The defense secretary offered no additional details on the defense budget and did not address questions on many of the programs lawmakers still do not have information on to fund — criticism that came from both the leading Republican and Democrat on the House Armed Services Committee. Hegseth also faced scathing criticism from Washington Democrat Adam Smith, the ranking member, that his emphasis on social changes instead of programs is leading the Pentagon in the wrong direction. Smith asked Hegseth why he has focused so much time on pulling books from academy shelves, or images from DOD websites, instead of giving lawmakers a budget. Hegseth ignored the comments and reiterated that his goal is to 'restore the warrior ethos.' The Associated Press
