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 because the name CU Railz better reflects the CUSO’s relationship to Payrailz’ products. As the CUSO brings the Payrailz payments platform to credit unions, the company sought to clarify this by including “railz” in the name. This new name also better illustrates the variety of payments rails available through Payrailz’ platform like real-time payments and Mastercard’s Bill Pay Exchange.
This will also help support continued growth by more closely aligning the CUSO with Payrailz, as the company has a strong presence and reputation in the credit union space. The company’s deep understanding of and extensive experience with credit union-specific challenges and opportunities is one of the many aspects that sets this CUSO apart from others.
The formation of CU Railz came out of a working relationship with established CUSOs MDC and Constellation Digital Partners. CU Railz includes six founding member credit unions: Coastal Credit Union (Raleigh, NC), Farmers Insurance Federal Credit Union (Los Angeles, CA), Georgia’s Own Credit Union (Atlanta, GA), Meritrust Credit Union (Wichita, KS), Teachers Credit Union (South Bend, IN) and TwinStar Credit Union (Lacey, WA).
Payrailz is a digital payments company offering advanced payment capabilities and experiences including consumer and business bill pay, external and internal transfers, new account funding, P2P, B2B, B2C and other related solutions to banks and credit unions. In a society that increasingly has become focused on a “do it for me” culture, Payrailz’ smart technology makes the difference. Payrailz creates smarter payment experiences for the financial services industry that are predictive and more engaging than currently available alternatives. Financial institutions can confidently embrace Payrailz’ API-first and cloud-native technology engine, to offer unique payment solutions to their consumers and businesses. Payrailz helps financial institutions meet the payment expectations of today and the payment innovation needs of tomorrow. For more information, visit payrailz.com, follow them on Twitter @Payrailz, Facebook or LinkedIn, or contact Mickey Goldwasser at 860.430.9245.