Monthly Newsletter

Metropolitan Commercial Bank 's collaboration with Finzly represents a significant milestone in enhancing Metropolitan Commercial Bank's payment processing capabilities and offering a superior banking experience to its business customers and industry partners. Metropolitan Commercial Bank aims to transform its payment processing operations on #ACH , #Fedwire , and #FedNow through the adoption of Finzly's payment infrastructure. Additionally, by integrating Finzly's innovative business banking platform, the bank plans to introduce customized payment solutions that cater to the specific needs of its diverse business clientele. Nick Rosenberg , Executive Vice President, Head of Global Payments Group, Metropolitan Commercial Bank, commented:

"Through Finzly's advanced payment infrastructure, we now lead the way in delivering advanced payment experiences, positioning us at the forefront of financial innovation."

Finzly is live on the FedNow network!

The FedNow service is now operational, and Finzly is honored to be one of the first service providers assisting banks and CUs in joining this service.??

Banks and CUs turning on the instant payment service with Finzly enjoy accelerated implementations and value-added services on a cutting-edge, API-driven?complete money movement platform?that can support all the payment rails including RTP, FedNow, ACH, FedNow and SWIFT. Steve Ledford , the Father of Instant Payments remarks:

"The case for implementing instant payment send for financial institutions is compelling."

Access the whitepaper now and explore Steve's insights on leveraging "send" capabilities to unlock a competitive edge in your products and services.

Finzly Named Finalists in Four Categories of PayTech Awards

Finzly's outstanding impact on the US payment industry has earned us recognition as finalists in four distinct categories.

1. Finzly's Instant Payment Solution for?RTP? and?FedNow? has been nominated for the "Best real-time payments solution" award. Finzly's rail-agnostic, ISO20022-native instant payment solution caters to both RTP & FedNow networks and intelligently routes transactions, ensuring optimal efficiency for banks to capitalize on the potential of instant payments.
2. In the "Best payment solution for banks" category,?Finzly's Cash OS ?has made it. CashOS is our Super App that empowers banks to deliver a world-class treasury experience tailored to the specific needs of their business customers.
3. Finzly Payment Galaxy , our payment hub, has been nominated for the "Tech of the future" award. This innovative product provides comprehensive processing functionality for the entire transaction lifecycle.
4. Booshan Rengachari , the visionary founder and CEO of #Finzly , has received accolades for his exceptional "PayTech leadership". He is widely recognized as a forward-thinking pioneer, committed to establishing an exceptional payments infrastructure in the US.

Debunking 7 Instant Payment Myths for Financial Institutions

Over the past few years, engaging with numerous payments industry experts and financial institutions has allowed us to unveil a myriad of myths about instant payments. Their invaluable insights into the future of payments have boldly shattered numerous myths surrounding instant payments. Shattering these misconceptions and embracing the realities is crucial for financial institutions to unlock the full, transformative potential of #FedNow and #RTP . Here are some top myths busted. Read more