Payment cards of Security First Bank on Veritec’s m-banking platform

Veritec, Inc., a developer of proprietary two-dimensional matrix technology and developer of mobile banking debit card solutions, announced that its subsidiary, Veritec Financial Systems, Inc. established a relationship with Security First Bank of Fresno, California. Under the terms of this partnership Security First Bank will issue debit cards and prepaid gift cards on VTFS’ mobile banking platform, and VTFS will provide back-end card processing services to the Bank for all cardholder transactions.

“Veritec is very pleased to enter into this innovative agreement with Security First Bank,” said Jeff Hattara, President and CEO of Veritec, Inc. “Security First Bank is a highly respected bank that provides exceptional service to its accountholders and to its community. VTFS looks forward to supporting Security First Bank with its debit and gift card programs.” 

“Veritec’s banking platform and its professional services enable Security First Bank to be in a position to offer new and exciting debit and gift card products and related services to accountholders,” said Steve Jones, Executive Vice President and CFO of Security First Bank. “It has also provided the Bank with a means to be able to reach out to those in our community that are currently under-banked with a service that helps people to manage their money more securely and far less expensively.”