Mastercard and Florida Capital Bank Deliver Real-Time DisbursementsFlorida Capital Bank Integrates Mastercard Send to Enable Faster Disbursement Funds

Originally Published by Mastercard.

Mastercard announced that it is partnering with Florida Capital Bank, N.A. to facilitate efficient, near real-time disbursements of funds to all branded debit cards in the U.S. by integrating Mastercard Send.


Through this partnership, Mastercard Send will provide Florida Capital Bank corporate partners the platform to send payments to cardholders within minutes through FLCB InstantMoney. The solution will enable instant push to card payments across networks and brands to ensure customers get the funds seamlessly and securely.

“We are excited to work with Florida Capital Bank and address a real need that exists in today’s digital payments world,” said Jess Turner, EVP, Digital Payments and Labs, Mastercard. “With Mastercard Send we are modernizing the way money is received and enabling banks to deliver a superior user experience to both their consumer and corporate customers.”

Mastercard Send, a first-of-its-kind platform that facilitates funds to be sent quickly and conveniently via debit networks, will allow Florida Capital Bank to provide corporate partners the additional value of delivering their customers with immediate and seamless disbursements.

“We are happy to partner with Mastercard, and we are excited to offer FLCB InstantMoney to facilitate faster payments,” said Bob Higel, Senior Vice President of Electronic Payments and Risk Management for Florida Capital Bank. “This product will provide a huge benefit to any company that performs a large volume of disbursements for their consumers who require faster payments.”

Mastercard Send helps power some of the industry’s most innovative payment products. Mastercard Send is available as an easy-to-use API available through the Mastercard Developers portal. Backed by the Mastercard network, banks further benefit from simplified settlement as well as Mastercard’s network and compliance expertise.

Latest News

KPMG on the Net-Zero Readiness of the United States

Originally published at info.kpmg.us. KPMG ranked No. 16 on The DiversityInc Top 50 Companies for Diversity list in 2021.   From board rooms to the halls of country capitals, leaders across the public and private sectors are increasingly deploying strategies to address climate change and drive towards a future net-zero…

Georgia Power

Georgia Power Partners With Nonprofit ‘Voices for Georgia’ To Promote Literacy for Pre-K Students

Originally published at southerncompany.com. Southern Company ranked No. 20 on The DiversityInc Top 50 Companies for Diversity list in 2021.   Georgia Power has partnered with the nonprofit organization Voices for Georgia’s Children for the eighth consecutive year to celebrate Pre-K Week across the state. Like 2020, this year will be…

Southern Company Publishes Its 2019–2020 Corporate Responsibility Report

Originally published at southerncompany.com. Southern Company ranked No. 20 on The DiversityInc Top 50 Companies for Diversity list in 2021.   On Sept. 27, Souther Company released its 2019/2020 Corporate Responsibility Executive Summary, highlighting key areas of interest to help stakeholders access environmental, social and governance (ESG) disclosures and other…

Wells Fargo Appoints Vanessa Rodriguez To Lead Community Lending and Investment Within the Corporate and Investment Bank

Originally published at newsroom.wf.com. Wells Fargo ranked No. 25 on The DiversityInc Top 50 Companies for Diversity list in 2021.   On Oct. 15, Wells Fargo & Company’s (NYSE: WFC) Corporate & Investment Bank (CIB) announced that it has appointed Vanessa Rodriguez to lead Community Lending and Investment (CLI) within…