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

Fintech Finance

Finzly , a leader in modern, API-first payment infrastructure, 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. globally when utilizing stablecoins according to CoinLaw.

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Why the U.S. has reached a real-time tipping point

Finextra

FedNow is also reporting significant growth, with more than 1.3 Nacha’s Smarter Faster Payments conference highlighted the progress that is now being made to expand use-cases and benefits. In June, FedNow will increase its limit to $1 million. The use of real-time and near real-time payment rails is also expanding.

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Finzly Launches FedNow Service Through Finzly BankOS Platform in AWS Marketplace

Fintech Finance

Powered by AWS, the Finzly BankOS platform integrates the FedNow service seamlessly with FIs’ core and digital banking systems. A recent US Faster Payments Council survey found that nearly 75% of financial institutions see legacy systems as a barrier to using FedNow.

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Finzly Among the First to Receive Fed Certification for Fedwire ISO 20022

Fintech Finance

Finzly , the pioneering provider of modern money movement systems to financial institutions, has announced its achievement as one of the first Third-PartyService Providers (TPSP) to be certified for compliance to ISO 20022 messaging standards for Fedwire. International payments through Swift will be aligned with their forthcoming standards.

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Backbase and Alacriti Partner to Provide Instant Payment Solutions for Financial Institutions

Fintech Finance

Backbase, leveraging Alacriti’s Orbipay Payments Hub , will support end-to-end payment orchestration and processing through the RTP® network, the FedNow® Service, Visa Direct, Fedwire, and ACH payment rails.

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Finzly Launches Account Galaxy Embedded Banking Solution

Finovate

Account Galaxy offers two main use cases to facilitate BaaS functionality: advanced payment processing and flexible accounting capabilities. payment rails, including Fed ACH, Fedwire, RTP, SWIFT, and FedNow. These capabilities offer non-banks and fintechs virtual accounts where transactions can be monitored in real-time.