Payments

Finzly partners with ICBA Bancard for instant payments

Photo: provided

July 13, 2021

Finzly, a fintech company, has partnered with ICBA Bancard, the payments subsidiary of the Independent Community Bankers of America, to offer instant payments via Finzly's Payment Galaxy hub. With this partnership, ICBA clients will be able to deliver payments through ACH, wires and instant payment rails, according to a press release.

The payment hub, in particular, offers both real-time and future-date payments, along with audit trails, dashboards and preloaded connections to the Fed and the Clearing House.

"We are very excited to partner with ICBA Bancard and are eager to see more community banks pursuing the road to innovation through smarter payments transformation," Booshan Rengachari, founder and CEO, Finzly, said in the release. "Finzly's payments hub not only helps banks stay relevant in today's fast-paced market, but also helps future-proof their payment infrastructure."