Frost Bank in Texas taps Finzly for instant payments

Frost Bank has teamed up with fintech company Finzly to enhance its services with instant payment options for both business and retail customers. By integrating Finzly's platform, Frost Bank aims to streamline payments through the FedNow and RTP systems, improving efficiency, compliance, and fraud prevention. This collaboration marks the beginning of Frost Bank's broader modernization approach to meet the demand for around-the-clock financial services. With a history dating back to 1868 and $49.5 billion in assets, Frost Bank continues to innovate its banking and financial services. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: FinTech Futures