The future of payouts with Onbe
Onbe is a Chicago-based workforce disbursement management solution for corporate clients. The result of a merger between daVinci Payments and North Lane Technologies in December 2020 following a majority equity investment from funds advised by Centerbridge Partners, Onbe operates under the umbrella of Syncapay, Inc. It’s also received investment from Bain Capital Ventures, Silversmith Capital Partners, MissionOG, and Nyca Partners.
Onsite at Money20/20, The FR sat down with Tracy Monson, Chief Product Officer at Onbe. Monson outlines:
The impacts of check fraud on Onbe’s clients, and the ways Onbe helps address those systemic risks;
How Onbe’s product team builds digital payment solutions that center security as well as seamlessness, including for white-label products;
The ways clients in different verticals integrate a range of payment modalities to meet the needs of their payout users, and how new technologies like FedNow contribute to that mix;
The role of UX research in how Onbe is structured and offered to clients; and
Onbe’s focus areas in 2024.