Texas, US-based Vantage Bank has opted for Finzly’s end-to-end payment hub as it looks to modernise and consolidate its payment processing infrastructure.Vantage Bank partners FinzlyThe new partnership will see Vantage gain access to instant payments, FedWire, and foreign exchange (FX) services through Finzly’s solution, which also supports rules-based smart routing and customisable workflows, among other features.“Not only does it streamline the payment process, but it also unlocks valuable data, enabling us to enhance internal automation and respond swiftly to our customers’ evolving needs,” adds Vantage’s chief business architect, Shawn Main.Finzly states that through the selection, the bank is “positioning itself for future expansion with new services and better serving its international client base”.Vantage is understood to have previously been using the All Payments solution provided by Canadian software vendor CGI, which replaced its legacy FedWire and ACH processing solutions in 2021.Elsewhere across its digital transformation strategy, the bank, which provides business, retail and international banking services from its headquarters in San Antonio, Texas, selected the financial infrastructure platform of Banking-as-a-Service fintech Unit in August to extend its financial services to software companies.This was followed by a partnership with payments processor i2c in October, which aimed to bolster Vantage’s card payment operations.
Mar. Feb 11th, 2025
