Companies

FedNow Turns Three: The Next Growth Opportunity for Regional Banks

Finzly, Inc.

"While regional banks represent only a small fraction of FedNow participants today, there is still significant runway to use real-time payments as a foundation for commercial banking growth. FedNow just reached its third anniversary, and the adoption story reveals an important opportunity. More than 1,800 financial institutions are now live on the network—but participation remains concentrated among smaller institutions. More than 96% of participants are community banks and credit unions with less than $10 billion in assets."

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Companies

Finzly Unveils Token Galaxy: Unifying Money Movement for Traditional and Tokenized Banking

Finzly, Inc.

"Finzly announced the launch of Token Galaxy, a new suite within its BankOS platform designed to help banks operate seamlessly across traditional and tokenized forms of money, with the freedom to connect to multiple blockchains, issuers, and consortia as they choose. Finzly is bringing stablecoins and tokenized deposits alongside traditional assets into the same operational environment on its platform BankOS – its modern operating system that serves as the innovation core for several leading banks."

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Companies

Finzly Announces Agentic AI-powered Payments and Operations

PR Newswire

"Finzly is extending its leadership in payments transformation by embedding AI across its technology stack and operations. Finzly's Agentic Galaxy brings intelligence to every layer of payment processing and operations, automating workflows and enhancing user experiences across payments, FX, and virtual accounts."

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Companies

Finzly Announces its Stablecoin and Tokenized Deposits Strategy for Its API-First, Multi-Rail Payment Platform

PR Newswire

"Finzly announced its preparation to support stablecoin and tokenized deposits —adding to its platform that already supports Fedwire, RTP, FedNow, ACH, SWIFT, and cross-border rails. The demand for stablecoin and tokenized deposits is building exponentially with a new era of programmable money - automated payments executed against predefined rules and conditions - now a reality."

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Companies

Finzly Enhances Live Oak Bank Wire Services with 100% STP Using Fedwire Solution

PR Newswire

"Finzly,  announced that Live Oak Bank has successfully enhanced its commercial and small business banking services by implementing Finzly's Fedwire solution, achieving 100% straight-through processing (STP). This strategic move not only streamlines payment processing but also positions the bank to meet the upcoming ISO 20022 compliance requirements ahead of schedule."

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Companies

Finzly Launches FedNow Service through Finzly BankOS Platform in AWS Marketplace

PR Web

"Finzly, a leading service provider for financial institutions (FIs) to send and receive payments on the FedNow network, announced that its instant payment service is now available in AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy software that runs on Amazon Web Services (AWS)."

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Companies

Finzly Announces New Collaboration with Corpay Cross-Border to Deliver an Enhanced FX Offering for Financial Institutions

PRWeb

"Finzly, Inc. announced an agreement with Corpay, Inc.* Cross-Border business, to collaborate on a joint offering that brings together Finzly's FX payment platform and Corpay's real-time FX rates."

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Companies

Breaking Barriers to Instant Payments: U.S. Faster Payments Council and Finzly Publish Essential Guide for Financial Institutions

Faster Payments Council

"The U.S. Faster Payments Council and Finzly, Inc., announced the release of a white paper titled, “From Potential to Profit: Five Ways Financial Institutions Can Break Barriers to Benefit from Instant Payments” providing insights for financial institutions to leverage opportunities presented by instant payments."

Tags: Finzly U.S. Faster Payments Council

Companies

Finzly Launches Account Galaxy: Embedded Banking Solution with Virtual Account and Virtual Ledger Capabilities

Finzly

"Finzly announced the launch of Account Galaxy™, a solution that provides the tools and technology needed by banks of all sizes to participate in the emerging embedded banking segment."

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Companies

Finzly Among the First to Complete Certification for FedNow

EIN News

"Finzly, a leading provider of banking and payment infrastructure, announced today that it is among the first in the industry to complete testing and certification for the FedNow Service, the Federal Reserve’s new instant payment that is launching in July 2023. Finzly's FedNow-certified solution enables financial institutions to effortlessly activate the FedNow service on a core-independent, modern, cloud-based, real-time platform designed to seamlessly process transactions in real time. Harnessing the power of a scalable cloud platform, Finzly’s solution ensures robustness, security and flexibility to meet evolving demands while also providing digital banking experience for initiating instant payments."

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Companies

Finzly Wins Award for Best Parallel Core Technology at Nacha's Smarter Faster Payments Conference

EIN News

Finzly, a modern provider of banking and payment solutions, has been awarded the PayMe awards as the “Best Picture in Parallel Core Technology” at the Nacha Smarter Faster Payments event...At the Payments Connection session, Finzly showcased its award-winning payment core, demonstrating its exceptional ease and speed in launching payment rails, including instant payments on the FedNow and RTP.

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