Monthly Newsletter

Federal Reserve names organizations certified as ready for FedNow? Service

Finzly is one of the first to get tested and certified, strongly positioning itself as a "disruptor" solution provider of choice for several financial institutions.

The Federal Reserve has made an announcement stating that 57 organizations, consisting of financial institutions and service providers, have successfully finished formal testing and certification for the upcoming launch of the #FedNow Service in late July. These early adopters are currently conducting final trial runs on the service to ensure their preparedness in facilitating live transactions using the new #instantpayments infrastructure.

How can banks cash in on Instant Payments on RTP/FedNow

Are you one of the banks playing it safe and sitting on the fence when it comes to launching instant payments? Well, sometimes it's wise to take a page out of the book of trailblazers. While plenty of banks are stuck in the past, relying on outdated tech to roll out instant payments, the savvy ones understand that it takes a "real-time" infrastructure to unleash its true power. Read more

Finzly CEO Elected to the Board of Directors of the U.S. Faster Payments Council

Finzly CEO and founder, Booshan Rengachari , has been unanimously elected to represent the Technology Provider segment on the Board of Directors of the Faster Payment Council. Rengachari will serve a three-year term beginning June 1, 2023. In this role, Rengachari will advise and collaborate with other board of directors of the FPC to complement industry initiatives in the emerging payments realm.?

“We’re thrilled to welcome Booshan Rengachari to the FPC Board of Directors representing our membership’s Technology Providers segment,” said FPC Executive Director? Reed Luhtanen . “Booshan will be an important voice on our board, a dynamic group of industry professionals driving the conversation on faster payments. His leadership and expertise will be a valuable resource as we pave the way toward a future of faster payments for all.”

Mode Eleven implements Finzly's platform for Wire and ACH operations

Using Finzly's payment platform to process ACH and wires, Mode Eleven Inc. has achieved remarkable operational efficiency by streamlining its operations, reducing manual effort by an impressive 99%, and eliminating the need for laborious file processing. Additionally, Finzly's unified API empowers Mode Eleven to seamlessly onboard and process payments for fintechs and platforms, unlocking revenue opportunities for the bank in the embedded payment realm.

"Finzly’s product and implementation experts provided a world class implementation experience, and we couldn’t be more delighted about the friction-free launch of the new product as planned," commented Michael Dowling , Chief Technology Officer, Mode Eleven.

finzpire 2.0 couldn't have been better!

finzpire 2.0, the 3-day conference was packed with impactful sessions addressing industry trends, equipping banks with the latest insights and opportunities. So you don't miss out on any of the conference highlights, we've put together a blog?summary of finzpire 2.0.

Finzly joins the Jack Henry? Vendor Integration Program

Vendor Integration Program enables Finzly to integrate with Jack Henry Silverlake. Using this integration, banks can expedite their entry to the market by leveraging modern products such as instant payments, FX, and payment hub on a future-proof platform.

#FinzlyOS integrates with Jack Henry’s Silverlake core?via jXchange?, a services-based programming interface that enables third-party vendors and banks to access the platform’s core data and business rules.

Finzly wins Best and Brightest awards yet again!

Finzly has once again triumphed in this year's awards. The Best and Brightest Companies to Work For? program identifies and celebrates organizations that prioritize excellence in their human resource practices and invest in the growth and well-being of their employees. National Association for Business Resources/The Best and Brightest Programs

Top trends in RTP: In conversation with Keith Gray from The Clearing House

Real-Time Payments (#RTP) have burst onto the scene like a supernatural force, rewarding the patience and collaborative efforts of the industry. Surpassing the wildest dreams, they have unveiled transformative use cases for businesses and individuals. Here are some top trends that Keith Gray , SVP, The Clearing House summed up. Read more

Preparing for FedNow: Insights from Federal Reserve FedNow Team

At finzpire 2.0, we had the privilege of hosting Philip Sprague from the Federal Reserve #FedNow team as a keynote speaker, whose compelling address shed light on the significance of nurturing customer relationships and the urgent need for a paradigm shift within the payments landscape. Read more