SPRINGFIELD, Mo.--(BUSINESS WIRE)--Feb 4, 2025--
OMB Bank proudly announces the launch of OMBX, a dedicated embedded finance division designed to empower fintechs and other digital companies with seamless banking solutions. With seven fintech clients already operating and several more in its pipeline, OMBX is positioned to become a premier embedded finance partner within the industry.
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The launch of a dedicated website at www.ombx.com marks a significant step in OMBX’s mission to provide clients with a scalable and compliant banking infrastructure. By combining cutting-edge technology with a banking partner that understands the fintech ecosystem, OMBX simplifies financial integration for innovators looking to embed financial products into their platforms.
“Embedded finance is revolutionizing the way businesses and consumers interact with banking services," said Steve Bishop, president of OMBX and OMB Bank’s chief innovation officer. "With OMBX, we are meeting this demand head-on, offering clients a powerful banking partnership that delivers security, scalability and compliance, allowing them to focus on building transformative financial products.”
The embedded finance market continues to experience explosive growth, with global revenue projections reaching over $500 billion by 2029. OMBX is committed to positioning itself as a leader in this space, offering a seamless integration process, compliance support, fraud prevention, payment processing and robust analytics tools.
“OMBX represents the next evolution of OMB Bank's commitment to innovation and financial technology,” said Mark Harrington, president and CEO of OMB Bank. “By launching this brand, we are strengthening our position as a trusted financial partner for fintechs and others, helping them navigate the complexities of embedded banking while delivering exceptional value to their customers.”
OMBX’s launch solidifies OMB Bank’s vision of becoming a go-to embedded finance partner, enabling clients to scale quickly and securely. With the growing demand for integrated banking solutions, OMBX is set to play a crucial role in shaping the future of financial technology.
About OMBX
OMBX is the embedded finance division of OMB Bank, providing alternative banking solutions including payment processing, compliance, fraud prevention and analytics. OMBX is designed to help fintechs and others scale efficiently while ensuring security, compliance and a best-in-class financial infrastructure. Please visitwww.ombx.comfor more information.
About OMB Bank
Founded in 1999, OMB Bank is committed to making banking better for families, businesses and communities with its best-in-class consumer, commercial, treasury, mortgage and digital banking services. OMB is headquartered in Springfield, Mo., and operates nine branch locations across Southwest Missouri and the greater Kansas City metropolitan area as well as dedicated mortgage and commercial lending centers in Springfield. Please visitwww.ombbank.comfor more information.
Steve Bishop is the chief innovation officer for OMB Bank and president of OMBX, the bank's recently launched dedicated embedded finance division. (Photo: Business Wire)
WASHINGTON (AP) — Venezuelan opposition leader María Corina Machado discussed her country's future with President Donald Trump at the White House on Thursday, even though he has dismissed her credibility to take over after an audacious U.S. military raid captured then-President Nicolás Maduro.
Trump has raised doubts about his stated commitment to backing democratic rule in Venezuela and signaled his willingness to work with acting President Delcy Rodríguez, who was Maduro’s No. 2. Along with others in the deposed leader’s inner circle, Rodríguez remains in charge of day-to-day government operations and was set to deliver her first state of the union speech Thursday.
In endorsing Rodríguez so far, Trump has sidelined Machado, who has long been a face of resistance in Venezuela. She also had sought to cultivate relationships with Trump and key administration voices like Secretary of State Marco Rubio among the American right wing in a gamble to ally herself with the U.S. government.
White House press secretary Karoline Leavitt said Trump had been looking forward to the lunchtime meeting with Machado and called her “a remarkable and brave voice” for the people of Venezuela. But Leavitt also said Trump's opinion of Machado had not changed, calling it "a realistic assessment."
Trump has said it would be difficult for Machado to lead because she “doesn’t have the support within or the respect within the country.” Her party is widely believed to have won 2024 elections rejected by Maduro.
Leavitt went on to say that Trump supported new Venezuelan elections “when the time is right” but did not say when he thought that might be.
Leavitt said Machado sought the face-to-face meeting without setting expectations for what would occur. Machado previously offered to share with Trump the Nobel Peace Prize she won last year, an honor he has coveted.
“I don’t think he needs to hear anything from Ms. Machado," the press secretary said, other than to have a ”frank and positive discussion about what’s taking place in Venezuela.”
Machado spent about two and a half hours at the White House but left without answering questions on whether she'd offered to give her Nobel prize to Trump, saying only “gracias."
After her White House stop, Machado plans to have a meeting at the Senate. Her Washington visit began after U.S. forces in the Caribbean Sea seized another sanctioned oil tanker that the Trump administration says had ties to Venezuela.
It is part of a broader U.S. effort to take control of the South American country’s oil after U.S. forces seized Maduro and his wife at a heavily guarded compound in the Venezuelan capital of Caracas and brought them to New York to stand trial on drug trafficking charges.
Leavitt said Venezuela's interim authorities have been fully cooperating with the Trump administration and that Rodríguez's government said it planned to release more prisoners detained under Maduro. Among those released were five Americans this week.
Rodríguez has adopted a less strident position toward Trump then she did immediately after Maduro's ouster, suggesting that she can make the Republican administration's “America First” policies toward the Western Hemisphere, work for Venezuela — at least for now.
Trump said Wednesday that he had a “great conversation” with Rodríguez, their first since Maduro was ousted.
“We had a call, a long call. We discussed a lot of things,” Trump said during an Oval Office bill signing. “And I think we’re getting along very well with Venezuela.”
Even before indicating the willingness to work with Venezuela's interim government, Trump was quick to snub Machado. Just hours after Maduro's capture, Trump said of Machado that “it would be very tough for her to be the leader.”
Machado has steered a careful course to avoid offending Trump, notably after winning the peace prize. She has since thanked Trump, though her offer to share the honor with him was rejected by the Nobel Institute.
Machado’s whereabouts have been largely unknown since she went into hiding early last year after being briefly detained in Caracas. She briefly reappeared in Oslo, Norway, in December after her daughter received the Nobel Peace Prize on her behalf.
The industrial engineer and daughter of a steel magnate began challenging the ruling party in 2004, when the nongovernmental organization she co-founded, Súmate, promoted a referendum to recall then-President Hugo Chávez. The initiative failed, and Machado and other Súmate executives were charged with conspiracy.
A year later, she drew the anger of Chávez and his allies again for traveling to Washington to meet President George W. Bush. A photo showing her shaking hands with Bush in the Oval Office lives in the collective memory. Chávez considered Bush an adversary.
Almost two decades later, she marshaled millions of Venezuelans to reject Chávez’s successor, Maduro, for another term in the 2024 election. But ruling party-loyal electoral authorities declared him the winner despite ample credible evidence to the contrary. Ensuing anti-government protests ended in a brutal crackdown by state security forces.
Garcia Cano reported from Caracas, Venezuela, and Janetsky from Mexico City. AP Diplomatic Writer Matthew Lee in Washington contributed to this report.
Venezuelan opposition leader María Corina Machado gestures to supporters on Pennsylvania Avenue as she leaves the White House after meeting with President Donald Trump Thursday, Jan. 15, 2026, in Washington. (AP Photo/Pablo Martinez Monsivais)
Venezuelan opposition leader María Corina Machado waves to supporters on Pennsylvania Avenue as she leaves the White House after meeting with President Donald Trump Thursday, Jan. 15, 2026, in Washington. (AP Photo/Pablo Martinez Monsivais)
Venezuelan opposition leader María Corina Machado smiles on Pennsylvania Avenue as she leaves the White House after meeting with President Donald Trump Thursday, Jan. 15, 2026, in Washington. (AP Photo/Pablo Martinez Monsivais)
Venezuelan opposition leader María Corina Machado waves to supporters on Pennsylvania Avenue as she leaves the White House after meeting with President Donald Trump Thursday, Jan. 15, 2026, in Washington. (AP Photo/Pablo Martinez Monsivais)
FILE - U.S. President George Bush, right, meets with Maria Corina Machado, executive director of Sumate, a non-governmental organization that defends Venezuelan citizens' political rights, in the Oval Office of the White House, Washington, May 31, 2005. (AP Photo/Charles Dharapak, File)
FILE - Opposition leader Maria Corina Machado gestures to supporters during a protest against President Nicolas Maduro the day before his inauguration for a third term, in Caracas, Venezuela, Thursday, Jan. 9, 2025. (AP Photo/Ariana Cubillos, file)
