Insights -

3 min read

Is Your Bank Truly a Real-time Bank?

At Nacha Smarter Faster Payments 2024, a panel moderated by Finzly CEO Booshan Rengachari addressed that question. Chris Nichols, Director of Capital Markets at South State Bank, and Tim O'Donnell, Managing Director – Payments at Accenture, joined.

Insights -

2 min read

finzpire 3.0 Recap: Empowering Banks for Tomorrow

Finzly hosted customers, prospective clients and partners in Charlotte from May 29 – May 31 this year for our annual invitation-only user conference. This year’s theme was "supercharging banks"- the imperative of enhancing banks’ capabilities with.

Insights -

4 min read

ISO 20022 for Fedwire: A Strategic Imperative for Financial Institutions

The adoption of ISO 20022 is a crucial development for the financial sector, promising to make payments faster, more transparent, and more affordable. Yet many financial institutions (FIs) have yet to develop a comprehensive strategy or select a.
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    The value of Same Day ACH payments touched $478.5 billion in Q3 2022. This corresponds to a 102.7% rise from a year ago.
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    Chris Skinner: On the future of banking
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    Last week, Finzly presented its instant payment innovations at the Nacha Smarter Faster Payments 2022 conference at the Federal Reserve’s live FedNow Service Provider Showcase.
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    Expert Talk with Paolo Sironi
    We'd the pleasure of talking to Paolo Sironi, one of the most respected fintech voices worldwide. His book "Banks and Fintechs on Platform Economies" is a perfect read for bank CEOs to help them envisage and adapt to new business models driven by the platform economy. Paolo co-hosts the European...
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    Expert Talk on Instant Payments with Peter Tapling
    Banks are making swift moves to cater to their corporate customers through value-added services on top of instant payments for B2B payments. Here are some thoughts that Peter Tapling shared with us around this topic.
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    Platform banking: Are banks late to the party?
    The platform invasion is calling for a move from traditional, linear, off-the-shelf offering of financial services to an innovative, connected coexistence of different players. This calls for a flexible, component-based composable toolkit that can quickly assemble products and make connections to...
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    Wire modernization: It’s time to address the elephant in the room
    Wires are the mainstay when it comes to high-value payments, accounting for global movement of trillions of dollars each day. One of the most coveted revenue streams for banks, it is often supported by dated, reliable infrastructure but laden with cumbersome, manual and longwinded processes....
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    Apple’s “Project Breakout”: Do banks really need to worry?
    Apple’s quest for marketplace opportunities has not stopped and it is understood that the big tech is developing its own payment processing technology and infrastructure for financial products. With the autonomy created by its market share, the company is reducing its reliance on outside partners...
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    Integrated payables: An imperative for corporate treasurers
    Corporate treasurers are always looking at improving efficiency, and one of the key asks from many of them is integrated payables as part of their digital banking. By combining payment instructions in a single file irrespective of the payment type, businesses can reduce the overhead on their A/P...
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    Real time treasuries: Banks have an important role
    Real-time treasury is the epitome for corporate treasurers. With shifting expectations dictated by alternative payment providers like Venmo and Paypal, what should banks be doing to respond to this turbulence?
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    E-invoicing: How can banks prepare?
    E-invoicing presents an extraordinary opportunity for banks. Large corporate customers, who are impatient to move towards these efficient schemes are undoubtedly waiting for banks’ involvement in initiatives relating to e-invoicing.
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    Panorama: On Embedded Financial Services
    We recently had the opportunity to interview a great visionary - Daniel Schutte, Managing Director, Accelerators Programs at the The Venture Center. Finzly was part of The Venture Center’s accelerator program ICBA ThinkTECH Accelerator, and had a great head start into new horizons from the...
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    FX: What's the right model for your bank?
    The opportunities to offer foreign currency payments have never been as cost effective as they are today. Given the enormous potential of FX offerings, it is imperative that every bank at least considers conceiving or enhancing their FX capability. Our inhouse FX expert, Mark Dumolien, shares his...
    • Insights
    Financial services for the subscription economy
    Numerous industries have adopted the subscription model to conveniently buy and sell goods and services. Going beyond Spotify and LinkedIn, many businesses ranging from SaaS providers to gyms to restaurants are riding this new wave. The flourishing subscription economy is witnessing the foray of...
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    A battle of wits: Mastercard launches instant payments
    Every discussion on the launch of RTP and FedNow touches on the displacement of other payment types including the dominance of cards in the US market. But, is the market just yet ripe to break the duopoly of Visa and Mastercard?
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    Top 5 questions answered about Banking as a Service
    Banking as a Service(BaaS) is the catchphrase buzzing around. While it is the most commonly discussed term at present, it is also the most confounded term. Here are top 5 questions that can clear some obscurity around this term.
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      • Insights
      Same Day ACH - $1M limit contributes to a growth of 102.7%
      The value of Same Day ACH payments touched $478.5 billion in Q3 2022. This corresponds to a 102.7% rise from a year ago.
      • Insights
      Can fintechs bypass banks to access FedNow?
      Eligibility to participate in the FedNow network: An analysis
      • Insights
      Chris Skinner: On the future of banking
      Our CEO, Booshan Rengachari, had the pleasure of speaking with Chris Skinner, one of the most prominent independent commentators on financial markets and best-selling author.
      • Insights
      FedNow ready for pilot onboarding of banks
      Last week, Finzly presented its instant payment innovations at the Nacha Smarter Faster Payments 2022 conference at the Federal Reserve’s live FedNow Service Provider Showcase.
      • Insights
      Expert Talk with Paolo Sironi
      We'd the pleasure of talking to Paolo Sironi, one of the most respected fintech voices worldwide. His book "Banks and Fintechs on Platform Economies" is a perfect read for bank CEOs to help them envisage and adapt to new business models driven by the platform economy. Paolo co-hosts the European...
      • Insights
      Expert Talk on Instant Payments with Peter Tapling
      Banks are making swift moves to cater to their corporate customers through value-added services on top of instant payments for B2B payments. Here are some thoughts that Peter Tapling shared with us around this topic.
      • Insights
      Platform banking: Are banks late to the party?
      The platform invasion is calling for a move from traditional, linear, off-the-shelf offering of financial services to an innovative, connected coexistence of different players. This calls for a flexible, component-based composable toolkit that can quickly assemble products and make connections to...
      • Insights
      Wire modernization: It’s time to address the elephant in the room
      Wires are the mainstay when it comes to high-value payments, accounting for global movement of trillions of dollars each day. One of the most coveted revenue streams for banks, it is often supported by dated, reliable infrastructure but laden with cumbersome, manual and longwinded processes....
      • Insights
      Apple’s “Project Breakout”: Do banks really need to worry?
      Apple’s quest for marketplace opportunities has not stopped and it is understood that the big tech is developing its own payment processing technology and infrastructure for financial products. With the autonomy created by its market share, the company is reducing its reliance on outside partners...
      • Insights
      Integrated payables: An imperative for corporate treasurers
      Corporate treasurers are always looking at improving efficiency, and one of the key asks from many of them is integrated payables as part of their digital banking. By combining payment instructions in a single file irrespective of the payment type, businesses can reduce the overhead on their A/P...
      • Insights
      Real time treasuries: Banks have an important role
      Real-time treasury is the epitome for corporate treasurers. With shifting expectations dictated by alternative payment providers like Venmo and Paypal, what should banks be doing to respond to this turbulence?
      • Insights
      E-invoicing: How can banks prepare?
      E-invoicing presents an extraordinary opportunity for banks. Large corporate customers, who are impatient to move towards these efficient schemes are undoubtedly waiting for banks’ involvement in initiatives relating to e-invoicing.
      • Insights
      Panorama: On Embedded Financial Services
      We recently had the opportunity to interview a great visionary - Daniel Schutte, Managing Director, Accelerators Programs at the The Venture Center. Finzly was part of The Venture Center’s accelerator program ICBA ThinkTECH Accelerator, and had a great head start into new horizons from the...
      • Insights
      FX: What's the right model for your bank?
      The opportunities to offer foreign currency payments have never been as cost effective as they are today. Given the enormous potential of FX offerings, it is imperative that every bank at least considers conceiving or enhancing their FX capability. Our inhouse FX expert, Mark Dumolien, shares his...
      • Insights
      Financial services for the subscription economy
      Numerous industries have adopted the subscription model to conveniently buy and sell goods and services. Going beyond Spotify and LinkedIn, many businesses ranging from SaaS providers to gyms to restaurants are riding this new wave. The flourishing subscription economy is witnessing the foray of...
      • Insights
      A battle of wits: Mastercard launches instant payments
      Every discussion on the launch of RTP and FedNow touches on the displacement of other payment types including the dominance of cards in the US market. But, is the market just yet ripe to break the duopoly of Visa and Mastercard?
      • Insights
      Top 5 questions answered about Banking as a Service
      Banking as a Service(BaaS) is the catchphrase buzzing around. While it is the most commonly discussed term at present, it is also the most confounded term. Here are top 5 questions that can clear some obscurity around this term.
      ❮
      1 2 3 4
      ❯