1. Pathward partners with Georgia Tech to enhance financial access. 2. Collaboration focuses on data analysis for financial innovation. 3. Pathward aims to leverage academic insights for business growth. 4. The partnership emphasizes financial inclusion and consumer support. 5. Positioning in fintech space, Pathward could attract new customers.
This partnership could boost Pathward's market position and attract more users, as seen in other successful fintech collaborations.
The collaboration's potential to improve Pathward's service offerings and market competitiveness is significant, increasing investor interest in CASH.
While immediate financial results are uncertain, long-term innovations from this partnership will likely enhance profitability and market share over time, reflecting tech growth seen in other fintech expansions.
National bank collaborates with university to gain insights that can fuel innovation and financial access.
Pathward®, N.A. ("bank" or "Pathward"), a national bank focused on financial access, and the Georgia Tech Financial Services Innovation Lab, housed in the Scheller College of Business, announced a three-year partnership today. Starting this fall semester, Pathward and the university will collaborate to acquire data and analysis of the financial services landscape with an aim of creating greater financial access for consumers and businesses.
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Pathward®, N.A. and the Georgia Tech Financial Services Innovation Lab, housed in the Scheller College of Business, announced a three-year partnership today.
"Georgia Tech is a highly respected university, and we are thrilled to team up with its Financial Services Innovation Lab to advance financial inclusion and access," said Pathward President Anthony Sharett. "Pathward's trusted platform, that includes its technology capabilities, is at the center of money movement and embedded finance through co-creation. I'm optimistic that the partnership will inform our innovation and am excited about the insights we'll gain from this partnership."
Georgia Tech's Financial Services Innovation Lab is a hub for finance education, research and industry in the Southeast U.S. The lab acts as a platform to connect and bring together faculty and students across Georgia Tech with the financial services industry and fintech entrepreneurs.
"We are grateful for this commitment from Pathward and are thrilled to collaborate with a sponsor bank that brings real-world experience and expertise to our Lab," said Dr. Sudheer Chava, Alton M. Costley Chair and Professor of Finance at the Scheller College of Business, who leads the Financial Services Innovation Lab. "We have a bright group of B.S., M.S. in Quantitative and Computational Finance, MBA, and Ph.D. students who are ready to get started."
As a bank with many solutions and scalable infrastructure, Pathward offers decades of experience and deep expertise across a range of solutions including issuing, merchant acquiring and digital payments sponsorship, as well as financial institution, credit and professional tax solutions. The bank also offers flexible working capital, equipment and structured finance solutions to businesses.
About Pathward®
Pathward®, N.A., a national bank, is a subsidiary of Pathward Financial, Inc. (NASDAQ:CASH). Pathward is focused on financial access and strives to increase financial availability, choice and opportunity across our Partner Solutions and Commercial Finance business lines. The strategic business lines provide support to individuals and businesses. Learn more at Pathward.com.
About Georgia Tech
The Georgia Institute of Technology, or Georgia Tech, is one of the top public research universities in the U.S., developing leaders who advance technology and improve the human condition.
The Institute offers business, computing, design, engineering, liberal arts, and sciences degrees, as well as professional development and K-12 programs for fostering success at every stage of life. Its more than 53,000 undergraduate and graduate students represent 54 U.S. states and territories and more than 146 countries. They study at the main campus in Atlanta, at instructional sites around the world, and through distance and online learning.
As a leading technological university, Georgia Tech is an engine of economic development for Georgia, the Southeast, and the nation, conducting more than $1 billion in research annually for government, industry, and society.
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Media contact:
Courtney Heidelberg
605.291.7044
mediarelations@pathward.com