News & Events

– 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 […]

– 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) […]

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 […]

 –– 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 […]

–-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 […]

-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 […]

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 […]

— 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’ […]

— 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 […]

-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 […]

-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 […]

–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 […]

– 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 […]

-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 […]

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.

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 […]

-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 […]

-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 […]

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 […]

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 […]

Payrailz CEO Fran Duggan joins the CU Broadcast show to discuss how credit unions can achieve a smarter approach to today’s payments — which are changing by the second it seems. Fran explains the difference the Payrailz launch provides credit unions in this volatile sector. View the full interview here.

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 […]