Finzly and EverBank Collaborate to Transform Payment Processing

EverBank has announced a strategic partnership with Finzly, aimed at transforming the bank’s payment processing system, as reported in Fintech Global News. This collaboration is part of EverBank’s efforts to modernize its payment infrastructure to meet the evolving demands of the market.

According to FF News, the partnership will centralize EverBank’s payment systems onto a unified platform, streamlining operations and reducing dependence on manual processes. This transition is expected to empower EverBank to process a large volume of payments to investment firms with greater automation, scalability, and control, ultimately enhancing the overall client experience.

Finzly, known for its innovative payment and financial solutions, will leverage its Payments Galaxy platform to revolutionize EverBank’s payment operations. Lindsay Lawrence, Executive Vice President and Chief Operating Officer at EverBank, expressed excitement about the partnership, highlighting Finzly’s technology and expertise. Lawrence stated, “We look forward to working closely with the Finzly team to roll out the platform with the goal of creating enhanced performance for our clients and counterparties.”

Booshan Rengachari, founder and CEO of Finzly, also expressed enthusiasm about the partnership, stating, “We are thrilled to join with EverBank and support their journey towards modernizing payments operations. Our innovative solutions are designed to empower financial institutions like EverBank with the tools they need to thrive in today’s dynamic banking landscape.”

The partnership represents a significant step forward for EverBank in its quest to enhance its payment processing capabilities and deliver a superior client experience. With Finzly’s expertise and cutting-edge technology, EverBank is poised to revolutionize its payment operations and unlock new levels of efficiency and scalability.

Other articles
FIS Enhances Mobile Banking App with Biometrics and Advanced Money Movement Features
NCR Voyix Offers US Restaurants a QR Powered Pay-At-Table Software Solution
Swift Introduces the ISO 20022 Corporate Payment Tracking API Channel
The Beginning of AI and Embedded Finance: Insights from Visa at the Dubai FinTech Summit
Parkopedia and Irdeto Collaborate to Revolutionize EV Charging
Temenos Launches Responsible Generative AI Solutions for Core Banking
A Micro-Investing App Is Debut by FutureMoney to Assist Families in Securing Their Financial Future
Commerce Bank Adopts FedNow via Temenos Payments Hub to Boost Modernization
Personetics: Examining the Effects of AI on Banking
bunq Enhances AI-Driven Banking and Travel Insurance Offerings
Shaping the Future of Payments: Insights from Tribh Grewal at Pay360
Visa Unveils Digital-First Products for the Modern Age
How Automation is Transforming Financial Institutions’ Ongoing Monitoring
Temenos Unveils Generative AI Solutions for Banking Efficiency and Profitability
Moody’s: AI Rollout Should be a ‘Balancing Act’ for Financial Institutions