Mobility Capital Finance (MoCaFi) is honored to be the recipient of two Innovation in Digital Banking Awards for 2024 from The Banker

MoCaFi was recognized alongside Bank of New York Mellon with awards in Digital Innovation and Financial Wellness.

The partnership between MoCaFi and Bank of New York Mellon, which began in 2023, seeks to reach a larger audience of unbanked and underbanked individuals, in an effort to close the wealth gap and create financial mobility. 

The collaboration will provide federal, state and local governments, as well as corporate clients, with a digital disbursement payment service to reach individuals who have no access to basic financial services.