LSBX | Embedded Banking & Banking-as-a-Service
Embedded Banking,
Made Personal
LSBX is the embedded banking/finance service offering and Banking-as-a-Service (BaaS) Line of Business of Lincoln Savings Bank, a 120+ year-old, FDIC-insured community bank. We partner with fintechs, brands and technology platforms to create, launch and scale innovative financial products for our end users. LSBX is here to help you navigate complexity, manage risk and grow responsibly.
At LSBX, our mission is to enable our third-party partners through robust banking capabilities, innovative technology solutions, sound risk management and client-centric collaboration.
We support our partners in delivering responsive, compliant embedded banking and finance programs that exceed our customers’ and stakeholders’ needs and expectations.
Why LSBX
- Strong institutional knowledge complemented by fresh
perspectives across commercial, technological, operational and risk management disciplines. - Proven capabilities support consumer and business programs, products and services at scale and can withstand regulatory scrutiny.
- Top-down Board and management commitment through multiple operating and regulatory environments.
- Operate as an extension of your team and continuously work to improve partnership.
- Personnel are highly collaborative, responsive and invested in mutual success.
- Direct and proactive approach with regular communication at all levels of the organization.
- Prompt yet pragmatic timelines that strive to provide clear paths to launch and certainty.
- Translate complex technical and regulatory requirements into actionable guidance.
- Execute prudently and effectively from the outset to position partnerships for long-term success.
- Manage relationships intentionally with shared key performance and risk indicators.
- Efficient application of products and services without compromising operational integrity or control frameworks.
- Optionality, resiliency and redundancy inherent in delivery model and infrastructure.
- Sophisticated technological tools including an expansive,
internally developed direct-to-core API with major card networks and multiple deposit network options. - Startup mindset backed by the rigor and talent to innovate and co-develop for prudent growth.
The Team Leading
the Charge
Being the partner bank that our clients can depend on long into the future calls for a team that can deliver proactive, high-touch and proficient service. Our attentive practitioners combine an intimate understanding of modern technology and banking with a deep commitment to collaboration and accountability. Modern banking calls for nothing less.
Sean Willett
Chief Executive Officer
Reid Whiting
Managing Director and President
Mike McCrary
Business Development Manager
Leo Gurevich
Chief Operating Officer
Abe Joseph
Chief Innovation Officer
Karen Barnes
Chief Risk Officer and General Counsel
What We Do
LSBX | Embedded Banking & Banking-as-a-Service
- Demand Deposit Account (DDA)
- Savings
- Money Market
- Certificate of Deposit (CD)
- For Benefit Of (FBO)
- Settlement and Clearing
- Treasury Management
- Wallets
- Reserve
- Enhanced Insurance Coverage
LSBX | Embedded Banking & Banking-as-a-Service
- Consumer
- Business
- Domestic (US Owned)
- Foreign (International Owned)
- Joint
- Youth
- Multi-Entity
LSBX | Embedded Banking & Banking-as-a-Service
- Know Your Customer (KYC) / Know Your Business (KYB)
- Account Opening and Maintenance
- Entitlements
- Interest Rate and Fee Posting
- Deposit Network Sweeps
- Transaction Logs
- Webhooks
- Transaction and Fraud Monitoring
- Positive Pay
- Analyzed Account
- Reconciliations
LSBX | Embedded Banking & Banking-as-a-Service
- Certified Issuer
- Debit
- Prepaid
- Charge
- Credit
LSBX | Embedded Banking & Banking-as-a-Service
- Visa
- Mastercard
- Discover
- American Express
- Multiple Secondary Networks
- Multiple Processors
- Multiple Deposit Networks
LSBX | Embedded Banking & Banking-as-a-Service
- Certified Acquirer
- ACH (Regular, Same-Day)
- Wire (Send/Receive, Domestic/International)
- Check Writing, Issuance and Processing
- Remote Deposit Capture
- Real-Time Payments (Fed Now, RTP)
- Cross-Border
- Book Transfers
- ATM
- Bill Pay
LSBX | Embedded Banking & Banking-as-a-Service
- Demand Deposit Account (DDA)
- Savings
- Money Market
- Certificate of Deposit (CD)
- For Benefit Of (FBO)
- Settlement and Clearing
- Treasury Management
- Wallets
- Reserve
- Enhanced Insurance Coverage
LSBX | Embedded Banking & Banking-as-a-Service
- Consumer
- Business
- Domestic (US Owned)
- Foreign (International Owned)
- Joint
- Youth
- Multi-Entity
LSBX | Embedded Banking & Banking-as-a-Service
- Know Your Customer (KYC) / Know Your Business (KYB)
- Account Opening and Maintenance
- Entitlements
- Interest Rate and Fee Posting
- Deposit Network Sweeps
- Transaction Logs
- Webhooks
- Transaction and Fraud Monitoring
- Positive Pay
- Analyzed Account
- Reconciliations
LSBX | Embedded Banking & Banking-as-a-Service
- Certified Issuer
- Debit
- Prepaid
- Charge
- Credit
LSBX | Embedded Banking & Banking-as-a-Service
- Visa
- Mastercard
- Discover
- American Express
- Multiple Secondary Networks
- Multiple Processors
- Multiple Deposit Networks
LSBX | Embedded Banking & Banking-as-a-Service
- Certified Acquirer
- ACH (Regular, Same-Day)
- Wire (Send/Receive, Domestic/International)
- Check Writing, Issuance and Processing
- Remote Deposit Capture
- Real-Time Payments (Fed Now, RTP)
- Cross-Border
- Book Transfers
- ATM
- Bill Pay
Testimonials
Synctera is excited to work with LSBX to help power the future of FinTech and embedded finance. LSBX has extensive experience in the space and a strong reputation. The entire LSBX team has a focus on speed, flexibility and compliance making them a great strategic partner to FinTechs and brands.
Lincoln Savings Bank is a key partner for us, and we’ve built a strong foundation of trust and collaboration together. Our partnership encompasses multiple payment modalities, enhancing Moov’s ability to bring modern, compliant payment experiences to market.
Working with LSBX has been a strong, collaborative partnership from day one. Their direct-to-core infrastructure and hands-on approach helped us move quickly through the complexities of building a cross-border product, always with a focus on practical solutions. It’s been a challenging build, but a genuinely rewarding collaboration.
Trusted By Leading Fintechs
FAQs
Yes! Attentiveness is something clients come to us for when they’re tired of waiting for our competitors.
We’ve been in business for over a decade, and we’re fully backed by Lincoln Savings Bank.
Yes. Resiliency and redundancy is inherent to our operating model as we leverage our own internally developed API infrastructure to connect directly to our core and multiple platform providers.
We support a diversity of programs, having started the business in 2014 with mass market consumer and more recently focusing on small- to medium-sized business (SMB), business-to-business (B2B) and business-to-business-to-consumer (B2B2C) programs. Our capabilities are built for significant scale across both consumer and business programs.
We typically charge one-time implementation and recurring platform fees that cover the Bank’s cost to provide the prudence and rigor required from a risk management, compliance and operational perspective. We work with our partners to agree on economics that are mutually beneficial and set the partnership up for long-term success.
Yes. We ideate alongside our partners and co develop features that are most demanded by our mutual end users in order to increase market share and wallet share.
Lessons learned are expected. We are partners in not only identifying issues but also solving root causes. We have a mindset of continuous improvement and expect our partners to execute in the same manner. Sustainability and repeatability are critical.
Yes. We have strong relationships with the major networks and processors and can facilitate a range of different set ups based on what is most beneficial from a commercial and operational perspective.
API Docs
Access our API docs and contact our technical support team with any questions.
Get In Touch
