As a finalist for ‘Best PayTech Partnership’, Finzly is recognized for working with Lead Bank to improve the bank’s payment and digital capabilities, while positioning Lead Bank to support immediate and future innovation initiatives.
CHARLOTTE, North Carolina (PRWEB)
June 2, 2021
Finzly, a fintech provider of modern banking applications for payments, foreign exchange, trade finance and digital account opening, was named a finalist in the PayTech price 2021 for its successful partnership with Lead Bank.
As a finalist for ‘Best PayTech Partnership’, Finzly is recognized for working with Lead Bank to improve the bank’s payment and digital capabilities, while positioning Lead Bank to support immediate and future innovation initiatives. Integration with the core Lead Bank technology, Galaxy payment allows the bank to centralize the operation of several payment networks and offer an improved user experience to its valued customers.
Powered by BankOS, Finzly’s payment hub supports multiple payment networks through a single, consolidated system, including ACH, Fedwire, SWIFT and emerging real-time payment services like the clearinghouse RTP® network and the Fed’s network. FedNow℠ a service. Payment Galaxy is interoperable, leveraging open APIs in the cloud to centralize the processing, monitoring, reporting and compliance of consumer and business payments. Payment Galaxy not only streamlines payment automation to free FIs from manual payment processing and reconciliation, but it also enables FIs to provide customers with a more seamless payment experience.
“Striving to primarily benefit the underserved communities in which they are created, community-based financial institutions like Lead Bank are constantly improving the technology and processes powering their banks to better serve their customers,” said Booshan Rengachari, Founder and CEO by Finzly. “Lead Bank sets the bar very high by offering its customers easier, faster, smarter and more flexible payment methods. We are delighted to partner with Lead Bank to help them meet the demands of modern banking expectations. “
Finzly connects financial institutions with customers through a modern digital banking experience and an efficient, real-time payment services hub. Freeing financial institutions from the limitations of the core system, Finzly’s open, cloud-based banking operating system, BankOS, enables transformation and innovation at the speed of fintech. With the freedom to adopt Finzly and third-party solutions of their choice, financial institutions can implement applications in three simple steps: subscribe, try and launch. Serving clients across North America, Finzly has been modernizing its international banking and cash management solutions since 2012. For more information, visit http://www.finzly.com.
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