Instant payment integration into ERP at $32B regional bank
Overcoming core rigidity with Finzly’s modern payment hub
Objectives
- Streamline loan disbursement for faster, reliable wire transfers
- Expand consumer FX services for seamless cross-border transactions
- Enhance fintech account management for partners like Payoneer and Revolut
- Enable core-agnostic flexibility across Fiserv and Finxact
- Unify multi-rail payment operations under one platform
Solution
- Loan wire automation: Finzly’s Teller streamlined loan disbursements, enabling faster, secure transfers with minimal manual effort.
- Automated FX services: MCB leveraged Finzly to launch scalable, automated FX solutions for seamless cross-border transactions.
- Virtual account management: Finzly’s virtual accounts optimized fintech partner support for Payoneer and Revolut, ensuring oversight.
- Core-agnostic flexibility: Seamless, cost-effective integration with Fiserv and Finxact, without middleware.
- Unified payments: Payment Galaxy centralized wires, ACH, and FedNow operations, reducing costs and boosting scalability.
- Enhanced commercial payments: MCB is upgrading its Commercial Center capabilities with Finzly’s ACH APIs.
Outcome
- Efficient Loan Disbursements
- Enhanced Consumer FX Capabilities
- Optimized Fintech Account Management
- Multi-Core Flexibility
- Accelerated Implementation
- Unified Payment Operations
- Strengthened Commercial Banking
