A groundbreaking solution that provides the tools and technology needed by banks.
In brief:
- While embedded banking has the potential to transform banking as we know it today, participation has mostly been among the nation’s top banks because of the advanced technologies needed.
- Account Galaxy also enables banks to deeply embed banking services into corporate Enterprise Resource Planning (ERP), accounts receivables, and payables, which will provide seamless and more automated connections.
- Finzly is already assisting banks with their embedded banking evolution. Using Finzly Connect APIs, Quaint Oak Bank will enable the embedded banking model for fintech partners and respondent institutions to connect their payment infrastructure.
What does this mean?
“Account Galaxy is a game-changing solution that empowers banks of all sizes to participate in the fast-growing embedded banking business.” said Booshan Rengachari, Finzly founder and CEO. “With Account Galaxy banks can cost-effectively enable the integration of banking services into corporate systems and non-bank platforms, unlocking new opportunities for growth and innovation.”
