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Payrailz™ Renames CUSO CU Railz to Create Brand Continuity

­Glastonbury, Conn., November 5, 2019 – Payrailz™, a digital payments company offering smarter more engaging payment experiences to banks and credit unions announced it has changed its recently launched CUSO’s name from CU Payz to CU Railz. This change aims to support Payrailz’ brand consistency as it continues to grow. Payrailz decided to make this change […]

Latest Press Release

Payrailz™ Renames CUSO CU Railz to Create Brand Continuity

­Glastonbury, Conn., November 5, 2019 – Payrailz™, a digital payments company offering smarter more engaging payment experiences to banks and credit unions announced it has changed its recently launched CUSO’s name from CU Payz to CU Railz. This change aims to support Payrailz’ brand consistency as it continues to grow. Payrailz decided to make this change […]

Latest Industry Article

The Reality of Real-Time Payments

by Orlando Santos, VP of Product Strategy and Innovation, Payrailz Achieving faster payments has been an industry discussion topic for the last several years, particularly as the Fed has brought it to the forefront of everyone’s mind in recent years. Many consumers, businesses and FIs have wondered, “what’s holding the industry back from adopting faster […]

Payrailz™ Renames CUSO CU Railz to Create Brand Continuity

­Glastonbury, Conn., November 5, 2019 – Payrailz™, a digital payments company offering smarter more engaging payment experiences to banks and credit unions announced it has changed its recently launched CUSO’s name from CU Payz to CU Railz. This change aims to support Payrailz’ brand consistency as it continues to grow. Payrailz decided to make this change […]

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Payrailz™ Expands Product Efforts with the Appointment of Gereen Langmeyer as VP of Payment Products

­Glastonbury, Conn., October 24, 2019 – Payrailz™, a digital payments company offering smarter more engaging payment experiences to banks and credit unions announced it has hired financial services industry veteran Gereen Langmeyer as VP of payment products. In her new role, Langmeyer will report to Payrailz’ CEO Fran Duggan as she oversees everything relating to […]

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The Reality of Real-Time Payments

by Orlando Santos, VP of Product Strategy and Innovation, Payrailz Achieving faster payments has been an industry discussion topic for the last several years, particularly as the Fed has brought it to the forefront of everyone’s mind in recent years. Many consumers, businesses and FIs have wondered, “what’s holding the industry back from adopting faster […]

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The Next-Gen Tech CUSO

By Mickey Goldwasser, VP of Marketing, Payrailz The term fintech has been around for decades, simply short for financial technology. However, during the Great Fintech Scare of 2017, the term suddenly took on a different, narrower meaning. Specifically, that was the term applied to new, aggressive, modern, nimble fintech startups that, so it was feared, had the […]

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Financial Wellness

Wellness, both physical and mental, has become top of mind for Americans in recent years, and technology companies are catching on to this trend. These companies, including Apple, FitBit and Garmin, are making watches or wearable devices that help people proactively manage their health by tracking steps, monitoring heartrate, sleep patterns and caloric intake. Moreover, […]

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Mickey Goldwasser from Payrailz Talks AI and Enhancing the Customer Experience

This episode was recorded at Nacha’s Smarter, Faster, Payments 2019 event. Now on this episode, I have Mickey Goldwasser who’s the VP at Payrailz. During our conversation, we are going to be talking about how AI is and is going to be enhancing the customer experience. Listen to the audio here: https://www.paymentsjournal.com/mickey-goldwasser-from-payrailz-talks-ai-and-enhancing-the-customer-experience/ Ryan So if you […]

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Payrailz Seeks to Disrupt Payments – From Within

What if you could offer your customers a service that would not only pay their bills for them but remind them to pay their bills? What if the service worked in concert with their bank accounts to make sure there was enough money in the account to do so? What if it offered to negotiate […]

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Podcast: How banks will win customers in a “do it for me” payments world

  Podcast: How banks will win customers in a “do it for me” payments world With artificial intelligence taking off, banks find themselves in an unprecedented position to meet and anticipate customer needs. But on the payments side of the equation, there’s still a struggle to connect the dots of consumer experience. Can financial institutions […]

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From payments to money movement

There are some big changes that have shaken the world of payments. It is no longer just about debit, credit, and card-based transactions. Payments is about Money Movement – a relationship between merchants, consumers, and the issuer for both consumer and business transactions. Let us take a look at some of the innovators and also […]

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MEMBERS Development Company Announces Collaborative Partnership Agreement with Payrailz™

– Innovative partnership expands the availability of digital payment services to credit unions –   ­ MADISON, Wis. and GLASTONBURY, Conn., August 20, 2019 – Payrailz™, a digital payments company offering smarter more engaging payment experiences to banks and credit unions announced that MEMBERS Development Company (MDC), a research and development CUSO dedicated to delivering meaningful […]

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Credit Unions and Payrailz™ Partner to Form New CUSO, CU Railz

– Innovative partnership expands digital payment services for credit unions looking to take control of their future in a competitive banking environment –   ­ GLASTONBURY, Conn., August 8, 2019 – Payrailz™, a digital payments company offering smarter more engaging payment experiences to banks and credit unions announced at the close of the MEMBERS Development Company (MDC) […]

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How AI and Machine Learning are Changing the Payments Landscape

Payrailz has committed to bringing faster payments capabilities to its bank and credit union clients through the RTP network developed by The Clearing House (TCH). With the RTP network, and as a third party service provider (TPSP), Payrailz will enable financial institutions’ consumers and businesses to send, clear, and settle payments immediately while also providing […]

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The Challenges and Opportunities of Peer-to-peer Lending

by Lin Grensing-Pophal on June 27, 2019 As peer-to-peer lending grows in popularity and consumers increasingly have access to lenders outside of their local communities, what can community banks do to strengthen relationships and compete innovatively? What is Peer-to-Peer (P2P) Lending? Peer-to-peer lending, as it sounds, initially emerged to remove banks and other financial institutions from the […]

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How Corporates Are Driving US RTP Adoption

Adoption of real-time payments in the U.S. has been slow, particularly compared to other markets like the U.K. The assumption, of course, is that faster payment functionality only has a place in the peer-to-peer payments arena. But Bottomline Technologies, which recently announced its collaboration with Starling Bank in the U.K. to connect corporates directly to […]

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Payrailz™ to Enable the RTP® Network, TCH’s Faster Payments System, For Banks and Credit Unions

GLASTONBURY, Conn., June 18, 2019– Payrailz™, an artificial intelligence (AI), digital payments company offering smarter, more engaging payment experiences to banks and credit unions, has committed to bringing faster payments capabilities to its bank and credit union clients through the RTP® network developed by The Clearing House (TCH). With the RTP network and as a third […]

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Payrailz™ Welcomes Industry Veteran Jim Kern as Chief Sales Officer

 –– Payments Innovator Adds Additional Sales Resource —   GLASTONBURY, Conn., June 5, 2019– Payrailz™, an AI, digital payments company offering smarter more engaging payment experiences to banks and credit unions, recently announced the addition of industry veteran James Kern as VP, chief sales officer. Kern’s appointment reflects the company’s rapid market traction in addition to continually adding […]

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Payrailz™ VP Orlando Santos Named to Afinis Inaugural Board of Directors

–-Smarter payments company’s product strategist named the vice chair of collaboration group –   GLASTONBURY, Conn., May 6, 2019– Payrailz™, a digital payments company offering smarter, predictive, proactive and more engaging payment experiences to banks and credit unions, recently announced that its VP of Product Strategy and Innovation, Orlando Santos, was named vice chairman of Afinis Interoperability […]

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Payments innovation can win over crisis-wary Gen Z

Financial institutions and payment companies are still trying to understand the best way to serve millennials, and are now faced with also carefully considering how to reach Generation Z.Gen Z typically refers to those born between 1997 and 2012. This next generation has a complex relationship with finances, largely because members of Gen Z grew […]

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5 threats that keep fintech execs up at night

E-commerce, mobile and faster payments are making a whole new world of experiences possible for consumers, merchants and financial institutions — but gaps linger that could hinder or even harm progress. Poor integration, fraud, inability to handle volume spikes, user experience and a lack of interoperability among parties all stand in the way. Any latency, […]

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Using Payments Tools to Meet the Unique Needs of Gen Z

Financial institutions face the endless task of figuring out what consumers want and working to provide those products and services. This is particularly challenging because each generation seems to have its own unique needs and expectations; what the Baby Boomers want is not what Gen X wants, just as Gen X’s expectations are different from […]

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Digital Federal Credit Union Partners with Payrailz to offer Members Seamless, Unified Payment Experience

-Top 20 credit union chooses payments powered by smart payments provider- GLASTONBURY, Conn., March 6, 2019– Payrailz, a digital payments company offering secure, smarter and more engaging payment experiences to banks and credit unions, announced that Digital Federal Credit Union, a top 20 credit union nationwide with over $8 billion in assets, will now offer […]

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Payrailz named to 2019 Best Places to Work in Fintech

Glastonbury, Conn., Feb. 25, 2019 – Payrailz, a digital payments company offering smarter, predictive, proactive and more engaging payment experiences to banks and credit unions, was recently named as one of the 2019 Best Places to Work in Financial Technology. The awards program was created in 2017 and is a project of SourceMedia and Best […]

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Mahalo Partners with Payrailz to Integrate Intuitive Payment Services

— Innovative technology companies provide competitive banking experience — Glastonbury, Conn., Jan. 14, 2019 – Mahalo Banking, a provider of omni-experience online and mobile banking solutions for credit unions, announced a partnership with Payrailz, a digital payments company offering smarter, predictive, proactive and more engaging payment experiences to banks and credit unions. Mahalo will offer Payrailz’ […]

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Payrailz Promotes Horng Tern to CTO, Paul Franko Moves to COO Role

— Investing in people key to managing strategic growth and innovation — Glastonbury, Conn., Dec. 17, 2019 – Payrailz, a digital payments company offering smarter, more engaging and secure payment experiences to banks and credit unions, announced the promotion of Horng Tern to chief technology officer and Paul Franko’s move to chief operating officer. As […]

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Payrailz Announces SunTrust as Investor

-SunTrust Joins Payrailz’s Existing Financial Industry Investors – November 5, 2018 – Payrailz, a digital payments company offering smarter, more engaging and secure payment experiences to banks and credit unions, announced that  SunTrust Banks, Inc., has joined Payrailz’s growing group of investors. “The backing of an industry leading and innovative bank such as SunTrust is evidence […]

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Glimpse Into the Future: What Banking Looks Like 10 Years From Now

When wearables become implants used for real-time payments, will banks and credit unions still be consumers’ primary financial institutions? The answer depends on how well an institution responds now to three challenges disrupting traditional banking providers. Found online at: https://thefinancialbrand.com/76040/retail-banks-relevant-artificial-intelligence-millennials/ “We always overestimate the change that will occur in the next two years and underestimate […]

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Suncoast Credit Union Partners with Payrailz to offer Members Smarter Payment Experience

-Top twenty credit union chooses payments powered by artificial intelligence –  Glastonbury, Conn.,  September 11, 2018 – Payrailz, a digital payments company offering smarter, more engaging and secure payment experiences to banks and credit unions, announced that Suncoast Credit Union, a top 20 credit union at $9.2 billion assets, will now offer its payment services to members. Through […]

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VSoft Partners with Payrailz to Integrate Intuitive Payment Services

–FIs leveraging Arya now able to offer account holders a smarter, more secure  payments experience –  Glastonbury, Conn.,  August 27, 2018 – VSoft Corporation, a global provider of information and technology solutions for financial institutions, announced a partnership with Payrailz, a digital payments company offering smarter, more engaging and secure payment experiences to banks and credit unions. VSoft […]

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Experience Matters; Be Smart About It.

How Artificial Intelligence can Enable Banks and Credit Unions to Deliver a Great Experience As we enter an age of service enhanced by artificial intelligence, financial institutions in particular must look to capitalize on the opportunities presented to offer better experiences. The good news is that banks and credit unions are well positioned to do so […]

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Payrailz and Billshark Team to Save Financial Institutions’ Customers and Members Money by Reducing their Monthly Bills

– Bill Negotiation Service Provides Convenience and Added Value for FI consumers –  Glastonbury, Conn., June 20, 2018 – Payrailz, a digital payments company offering smarter more engaging and secure bill payment and money transfer experiences to banks and credit unions, announced a partnership with Billshark, the industry-leading bill reduction service. Through this partnership, Payrailz’s payment technology […]

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Payrailz Announces Move to New Office to Support Company’s Momentum

-Smart payments company expands to cater to accelerated growth; additional staff- Glastonbury, Conn., Apr. 3, 2018 – Payrailz,  a digital payments company offering smarter more engaging and secure bill payment and money transfer solutions to banks and credit unions, today announced that it has moved headquarters to a larger office to accommodate the company’s rapid […]

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Fran Duggan interviewed on The Power Of Payments Podcast

Payrailz CEO, Fran Duggan, was recently interviewed by Will Hernandez on The Power of Payments podcast. Will asks Fran about how the company came to be, the battles banks are fighting on different fronts in 2018, Zelle, and they even touch upon bitcoin and the blockchain. Click here to listen to the full episode.

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Revitalizing the Credit Union Payments Experience

Revitalizing the Credit Union Payments Experience by Fran Duggan www.cunacouncils.org 2018 holds the potential to be the year of new digital experiences in the credit union industry, and payment experiences will be critical to adding and retaining member relationships. Many financial institutions have already embraced faster payments through ACH throughout 2017, and the industry is […]

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Payrailz Taps Frank Chan as Security and Compliance Officer

-Accomplished information security industry veteran joins digital payments company- Glastonbury, Conn., Jan. 30, 2018 – Payrailz, a digital payments company offering smarter more engaging and secure bill payment and money transfer solutions to banks and credit unions, has named Frank Chan as its security and compliance officer. In his new position, Chan will execute a risk-based […]

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Payrailz Introduces Orlando Santos as VP, Product

-Industry veteran brings 30 years of payment product experience to team- Glastonbury, Conn., Jan. 9, 2018 – Payrailz, a digital payments company offering advanced bill payment and money transfer solutions to banks and credit unions, announced as part of the company’s commitment to offering the most modern payment technology the introduction of Orlando Santos as its […]

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Payrailz Introduces Ruthann Paulin as VP, Client Experience

Glastonbury, Conn., Dec. 11, 2017 – Payrailz, a digital payments company offering advanced bill payment and money transfer solutions to banks and credit unions, has announced the company’s commitment to service excellence with the introduction of Ruthann Paulin as its vice president of client experience. In this leadership role, Paulin will ensure that Payrailz clients […]

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Payrailz Announces First Data, Live Oak Ventures, Woodforest National Bank, Webster Bank and TTV Capital as Investors

Glastonbury, Conn., Dec. 4, 2017 – Payrailz, a digital payments company offering advanced bill payment and money transfer solutions to banks and credit unions, announces that First Data, Live Oak Ventures, Woodforest National Bank, Webster Bank and TTV Capital are investing a collective $6.1 million in the company. This group of investors are believers in […]

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Payrailz Launches

Payrailz Launches to Offer a Smart Approach to Payments for Financial Services Industry – Payrailz enters market to offer banks and credit unions a smarter and more engaging alternative to outdated payment user experiences – Glastonbury, Conn., Nov. 15, 2017 – Payrailz, a digital payments company offering advanced bill payment and money transfer solutions to […]

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