Chesapeake Financial launches bank-owned SMB payments utility with Rebolt
Chesapeake Bank and Reading Cooperative Bank are live with Rebolt, a community bank-owned utility integrating PayPal, Venmo, stablecoin networks and instant payments into bank platforms.
Chesapeake Bank and Reading Cooperative Bank are now live with Rebolt, a community bank-owned utility that integrates PayPal, Venmo, stablecoin networks and instant payments into bank platforms. The move is an early-stage effort to modernize SMB payments and reduce leakage to fintech providers.