Frost Bank in Texas taps Finzly for instant payments
The San Antonio-based bank has deployed the vendor’s single API instant payments platform.
The San Antonio-based bank has deployed the vendor’s single API instant payments platform.
The US-based bank has partnered with Backbase and banking and payments fintech Finzly.
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Mode Eleven will now be able to facilitate high-value payments on the ACH and Fedwire networks.
Developers from fintechs and banks can now access the sandbox environment of FedNow via Finzly’s API.
The Texas-based bank will utilise Finzly’s Payments Hub solution.
Finzly says its tech will give Mode Eleven “full control over its payment processes”.
Finzly’s user conference discussed trending topics and bank innovation outside the legacy core.
First Bank says Finzly’s Payment Hub “gives us the speed and agility to offer a fintech-like payment experience”.
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