WebBank selects Sedric's ai-powered compliance platform to support its strategic partner programs. New York, NY - June 15, 2026 - Sedric, the agentic compliance platform transforming marketing and communications oversight in financial services, today announced a new partnership with WebBank, a leading issuer of credit products to consumer and business borrowers through its strategic partners' brand platforms. WebBank will leverage Sedric's enterprise-ready compliance technology to accelerate the review and approval of marketing materials across its partner ecosystem, ensuring faster time to approval while maintaining regulatory standards and creating a reliable audit trail. WebBank, known for its fintech-forward approach, collaborates with a diverse portfolio of strategic partners, including leading fintech companies. By integrating Sedric's platform, WebBank will enhance operational efficiency and reinforce existing robust compliance controls with clear standards across its partner marketing channels. Using Sedric's AI Platform, WebBank can retain its independent oversight and ultimate accountability for marketing compliance across its strategic partner ecosystem. "At WebBank, we prioritize innovation and compliance in equal measure," said Aaron Blankenstein, Chief Compliance Officer at WebBank. "Our partnership with Sedric enables us to streamline the review and approval of marketing content, enhancing our agility while maintaining the highest compliance standards. This alliance supports our mission to empower our strategic partners to drive innovation and financial inclusion with effective and efficient financial solutions." Sedric's platform employs advanced AI to assist compliance and marketing teams in dramatically expediting the marketing asset approval process, reducing risk, and protecting their brands. The platform automates monitoring for all customer touchpoints, including financial promotions, to proactively identify and resolve risk in real time - streamlining operations, supporting regulatory alignment, and unlocking faster compliant growth. "Our partnership with WebBank underscores Sedric's position as the emerging standard to address marketing compliance challenges at scale," noted Sedric co-founder and CEO Nir Laznik. "Our enterprise-ready AI platform offers robust observability and auditability, ensuring that financial institutions can confidently navigate the complexities of regulatory requirements. As the industry evolves, it's becoming increasingly clear that Sedric is leading the way in setting new benchmarks for compliance excellence, highlighting the industry's shift towards embracing advanced solutions that streamline operations without compromising on regulatory standards. This partnership underscores both companies' commitment to leveraging technology to enhance compliance processes and support scalable, compliant growth in the financial services sector." About WebBank WebBank is a Utah chartered Industrial Bank headquartered in Salt Lake City, Utah. Since its inception in 1997, WebBank has originated and funded over $283 billion in consumer and commercial credit products. As "The Bank Behind the Brand(R)", WebBank is a national issuer of consumer and small business credit products through strategic partner (Brand) platforms, which include retailers, manufacturers, finance companies, software as a service (SaaS) and financial technology (FinTech) companies. The Bank is a leading player in the digital lending space, driving innovation in financial products through embedded finance with strategic partner platforms. WebBank engages in a full range of banking activities including consumer and commercial loan products, revolving lines of credit, credit cards, private-label card issuance, auto-refinancing and more. The Bank provides capital in the form of asset-based lending and other credit facilities to strategic partner platforms, credit funds, and other lenders with a targeted focus on specialty finance assets. The Bank is also a leading provider of commercial insurance premium finance products through its wholly owned subsidiary National Partners. For more information, please visit www.webbank.com. No posts found. This field is for validation purposes and should be left unchanged. Information. News. Events. Classifieds.

WebBank announces Erik Cannon named EVP - Chief Operations Officer. SALT LAKE CITY-(BUSINESS WIRE)-WebBank today announced the promotion of Erik Cannon to Executive Vice President, Chief Operations Officer. In this expanded role, Erik will continue advancing operational excellence across the Bank while driving strategic alignment and scalable growth. Erik's elevation to EVP - Chief Operations Officer signals a continued commitment to strong, disciplined leadership at WebBank, where operational excellence and strategic alignment remain central to long-term growth. Share Erik joined WebBank in 2016 and was originally responsible for leading the Bank's Due Diligence and Implementation team. Since that time, he has assumed executive oversight of the Strategic Partners Oversight team, the Bank's Insurance Premium Finance subsidiary, National Partners, and the Bank's Partner Finance team. His leadership across these areas has strengthened operational discipline, enhanced cross-functional collaboration and supported WebBank's continued growth. Erik brings extensive experience in international operations, strategy development, relationship management, product development and the design, optimization and implementation of complex business systems and processes. He is known for his ability to identify opportunities for greater efficiency, build structured solutions and implement processes that improve performance while supporting long-term scalability. "Erik's leadership has been instrumental in shaping the strength and continued growth of WebBank," said Jason Lloyd, President & CEO. "He leads with both strategic vision and operational discipline that enables him to identify opportunities for greater effectiveness and translate complex challenges into disciplined, scalable processes. His executive presence and steady leadership have been instrumental in the success and performance of the teams under his oversight. I am confident he will continue to elevate the organization in his role as Executive Vice President." As EVP, Chief Operations Officer, Erik will focus on strengthening enterprise-wide operations, refining process excellence and supporting WebBank's continued expansion through disciplined execution and strong partner alignment. About WebBank WebBank is a Utah chartered Industrial Bank headquartered in Salt Lake City, Utah. Since its inception in 1997, WebBank has originated and funded over $278 billion in consumer and commercial credit products. As "The Bank Behind the Brand(R)", WebBank is a national issuer of consumer and small business credit products through Strategic Partner (Brand) platforms, which include retailers, manufacturers, finance companies, software as a service (SaaS) and financial technology (FinTech) companies. The Bank is a leading player in the digital lending space, driving innovation in financial products through embedded finance with Strategic Partner platforms. WebBank engages in a full range of banking activities including consumer and commercial loan products, revolving lines of credit, credit cards, private-label card issuance, auto-refinancing and more. The Bank provides capital in the form of asset-based lending and other credit facilities to Strategic Partner platforms, credit funds, and other lenders with a targeted focus on specialty finance assets. The Bank is also a leading provider of commercial insurance premium finance products through its wholly owned subsidiary National Partners. For more information, please visit www.webbank.com.