AppTech Payments Announces Strategic Partnership with FISB Solutions to Upgrade Legacy Banking Systems

More than two hundred community banks represented by FISB will receive the latest neobank technologies

CARLSBAD, Calif., June 11, 2024 (GLOBE NEWSWIRE) — AppTech Payments Corp. (Nasdaq: APCX) (“AppTech” or the “Company”), a pioneering Fintech company enabling frictionless commerce, today announces a strategic partnership with FISB. Solutions (“FISB”) through which the Company will update existing core banking systems represented by FISB with the latest neobanking technologies, giving hundreds of community banks a competitive advantage in the digital banking era.

AppTech Founder and CEO Luke D’Angelo said, “The foundation of community banks is the diverse local relationships, from the mayor’s office to local hospitals, churches, schools and small and medium-sized businesses. companies that constitute the deposit base. Historically, the main challenges facing small banks are their limited reach and low-end technology. Additionally, these banks need additional points of contact in the community to offer new products and services. AppTech plans to introduce strategic local independent sales organizations (ISOs) to act as an extension of community banking that would otherwise not have the resources to meet, greet, track and establish new relationships with the bank. We look forward to equipping community banks with a modern technology solution complemented by a team of seasoned fintech professionals to drive new customer growth at no additional cost to the bank.

Jerry Federico, President and Founder of FISB Solutions Inc., added: “Among the hundreds of financial institutions and independent sales organizations I have worked with to provide electronic payment solutions to small businesses, AppTech is among best. We are pleased to align with an established Fintech partner who shares our commitment to providing community banks and credit unions with a menu of best-in-class fintech solutions.

About FISB Solutions

FISB is a champion of small businesses, helping them compete in the fintech industry with cutting-edge solutions. FISB seeks to deeply understand the needs of its clients and work tirelessly to ensure their goals are met. FISB’s leadership combines decades of experience in community financial institutions, technology, financial services and entrepreneurship. President and Founder Jerry Federico, a pioneer in the payments industry with more than 34 years of experience, is recognized as the leader of NACHA’s Electronic Vault Task Force, responsible for converting the Class D code ACH ARC entry or customer accounts.

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About AppTech Payments Corp.

AppTech Payments Corp. (NASDAQ: APCX) provides digital financial services to financial institutions, corporations, small and medium-sized businesses (“SMBs”) and consumers through the company’s scalable cloud platform architecture and infrastructure, associated with our development and development of specialist payments. delivery model. AppTech maintains exclusive licensing and partnership agreements in addition to a full suite of patented technology capabilities. For more information, please visit apptechcorp.com.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements that are inherently subject to risks and uncertainties. Any statements contained herein that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “anticipate, believe, estimate, expect, forecast, have “intend, may, plan, project, forecast, should, will” and similar expressions relating to AppTech are intended to identify these forward-looking statements. These risks and uncertainties include, but are not limited to, general economic and business conditions, the effects of continued geopolitical unrest and regional conflicts, competition, changes in marketing methods, delays in manufacturing or distribution, changes in customer order patterns, changes in customer offering. composition and various other factors beyond the control of the Company. Actual events or results may differ materially from those described in this press release as a result of any of these factors. AppTech undertakes no obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations Contact
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AppTech Payments Corp.
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