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FOR IMMEDIATE RELEASE
November 28, 2017

QUONTIC BANK TO INTEGRATE AWARD-WINNING RECEIPTS SOLUTION BY SENSIBILL

NEW YORK-Quontic Bank is expanding its digital banking offerings with a new receipt management solution by Sensibill. Quontic Bank is the first community bank in the U.S. to launch Sensibill’s Receipts capabilities, thanks to their partnership with global financial services provider, FIS.

The service will be available to all Quontic Bank mobile banking customers in Q1 2018, and will allow customers to capture, store and access their purchase records directly from their Quontic Bank Mobile app. Customers will never have to hunt for a receipt, or miss a return window again. The solution will also instantly itemize purchases, categorize receipts by expenses, and allow customers to export them for easy expense reporting or tax prep.

Sensibill, which won ‘Best In Show’ at Finovate 2017, is the leading provider of receipt management solutions globally, with a mission to offer intuitive financial tools and insights to improve customers’ financial well-being. The partnership is part of Quontic Bank’s broader digital innovation efforts.

“Quontic Bank is proud to be an early adopter of Sensibill's Receipts product as we are focused on offering our customers the latest digital offerings and innovations. Period,” said Steven Schnall, chairman and CEO of Quontic Bank. “With Sensibill, Quontic Bank is executing toward our vision of a next generation banking experience.”

“It is important to enable community banks to keep pace with innovation and equip their customers with the tools they need to manage their finances. By integrating our digital receipt service, we're proud to play a role in furthering Quontic Bank's mission to help customers' lead healthier financial lives,” said Corey Gross, CEO and co-founder at Sensibill.

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About Quontic Bank

Quontic Bank is a Member FDIC bank, headquartered in New York City and located in a growing number of states. We offer everything from checking and savings accounts to small business loans and home mortgages, as well as online and mobile banking. Our goal is to provide 5-star customer service while making banking easy and the mortgage process hassle-free. Learn more at www.quonticbank.com.

About Sensibill

Sensibill works with the most innovative global financial institutions to solve their customers’ pain point of managing receipts. Sensibill’s solution drives net new engagements across online and mobile banking channels, while unlocking deep purchase insights across all payment methods. The service is fully white-labeled and is designed specifically to meet bank requirements. To find out more, visit www.getsensibill.com, and connect with us on twitter.com/getsensibill and linkedin.com/company/sensibill-inc-.

Media contacts

Quontic Bank
Drew Sandholm
718-215-4061
dsandholm@quonticbank.com

Sensibill
Roxanne Voidonicolas
647-286-5625
roxanne@getsensibill.com

Disclosure: Mobile banking requires enrollment through online banking. In order to sign up for online banking, you must have a Quontic Bank account. Data connection required for mobile banking. Wireless carrier fees may apply. There is no charge from Quontic Bank for Sensibill's Receipts capabilities, but message & data rates may apply. This is intended for news media professionals only. This material & information provided herein is for general information only & should not be relied upon.

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