Coastal Community Bank Chooses Finzly’s Payment Hub to Power Fintech Partners
Summary
The platform comes with pre-loaded connections to the Fed and TCH, supporting multiple payment rails including wires, ACH, RTP, FedNow and SWIFT. “The hallmark of a successful partnership between a traditional bank and fintechs is a reliable and cutting-edge solution from a trusted partner like Finzly. Their digital-first solution helps us to navigate change and grow our customer base through new business models nurturing fintech partnerships, while ensuring appropriate compliance and oversight”, noted Eric Sprink, CEO of Coastal Community Bank. Banks are reinventing their ecosystem position through partnerships, while reducing transaction costs, nurturing growth and evolving to embrace digitally-enabled, inclusive economies. With freedom to adopt solutions from Finzly and third parties of choice, financial institutions can implement apps in three simple steps – subscribe, try and launch.