Latest news with #BankingTechAwardsUSA
Associated Press
a day ago
- Business
- Associated Press
Star One Credit Union, Payfinia Win Banking Tech USA 2025 Award for Partnership
PORTLAND, Ore.--(BUSINESS WIRE)--Jun 5, 2025-- Payfinia, an open, real-time payments framework, announced today it won the Best Credit Union/Community Bank & FinTech Partnership by Fintech Futures' Banking Tech Awards USA 2025 with Star One Credit Union ($10.2 billion, 124,000 members). The Banking Tech Awards USA honor technology excellence and innovation in the banking and financial services sector, spotlighting the standout projects, products, services and teams driving progress in the industry. Together, Star One and Payfinia pioneered instant payments, launching Payfinia's Instant Payment Xchange (IPX), an instant payments framework enabling members to send and receive instant payments securely 24/7/365. Through the partnership, a suite of layered fraud controls available within the IPX platform produced a lower fraud per dollar than Same Day ACH and peer-to-peer payments, an improvement in back-office efficiency and member satisfaction, and increased money movement volumes. In November 2024, with financial support from Star One, Payfinia launched a Credit Union Service Organization (CUSO), allowing credit unions to collectively own and drive payments innovation. The Banking Tech Awards USA 2025 ceremony took place on May 29 th in New York, recognizing excellence across the financial technology sector. The event brought together more than 300 industry leaders, including JP Morgan Chase, Morgan Stanley, Bank of America and BNY, alongside innovative fintech players and technology providers. 'More consumers and businesses are requiring immediacy in their digital payment experiences. Financial institutions need to partner with service providers that have built solutions with security, user experience and efficiency in mind, and have proven performance metrics associated with users sending instant payments,' said Keith Riddle, general manager of Payfinia. 'We are honored to receive the Banking Tech Award for our partnership with Star One. Payfinia is dedicated to developing an instant payments framework that enables account holders to take control of their payments journeys, and we look forward to continuing to reimagine and improve how consumers move money.' Since launching in 2024, Payfinia has signed several new clients, partners and investors, positioning the payments company for continued growth in 2025. About Payfinia Inc. Payfinia Inc. is an independent payments company and CUSO, providing community financial institutions (CFIs) access to and ownership of their instant payments services. Payfinia's flagship product offering, the Instant Payments Xchange (IPX), is a secure, scalable and affordable real-time money movement service. Additionally, Payfinia partners with third-party digital providers to integrate instant payments with traditional payment and money movement solutions, extending the technology provider's capabilities, while also providing member FIs a more robust payments ecosystem. To learn more about Payfinia, visit View source version on CONTACT: MEDIA CONTACTS: Laura Lenz / Anna Stanley [email protected]/[email protected] 678.781.7226 / 251.517.7857 KEYWORD: OREGON UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: SOFTWARE PAYMENTS FINANCE BANKING DATA MANAGEMENT PROFESSIONAL SERVICES TECHNOLOGY FINTECH SOURCE: Payfinia Inc. Copyright Business Wire 2025. PUB: 06/05/2025 09:09 AM/DISC: 06/05/2025 09:08 AM
Business Wire
a day ago
- Business
- Business Wire
Star One Credit Union, Payfinia Win Banking Tech USA 2025 Award for Partnership
PORTLAND, Ore.--(BUSINESS WIRE)-- Payfinia, an open, real-time payments framework, announced today it won the Best Credit Union/Community Bank & FinTech Partnership by Fintech Futures' Banking Tech Awards USA 2025 with Star One Credit Union ($10.2 billion, 124,000 members). The Banking Tech Awards USA honor technology excellence and innovation in the banking and financial services sector, spotlighting the standout projects, products, services and teams driving progress in the industry. Payfinia is dedicated to developing an instant payments framework that enables account holders to take control of their payments journeys, and we look forward to continuing to reimagine and improve how consumers move money. Share Together, Star One and Payfinia pioneered instant payments, launching Payfinia's Instant Payment Xchange (IPX), an instant payments framework enabling members to send and receive instant payments securely 24/7/365. Through the partnership, a suite of layered fraud controls available within the IPX platform produced a lower fraud per dollar than Same Day ACH and peer-to-peer payments, an improvement in back-office efficiency and member satisfaction, and increased money movement volumes. In November 2024, with financial support from Star One, Payfinia launched a Credit Union Service Organization (CUSO), allowing credit unions to collectively own and drive payments innovation. The Banking Tech Awards USA 2025 ceremony took place on May 29 th in New York, recognizing excellence across the financial technology sector. The event brought together more than 300 industry leaders, including JP Morgan Chase, Morgan Stanley, Bank of America and BNY, alongside innovative fintech players and technology providers. 'More consumers and businesses are requiring immediacy in their digital payment experiences. Financial institutions need to partner with service providers that have built solutions with security, user experience and efficiency in mind, and have proven performance metrics associated with users sending instant payments,' said Keith Riddle, general manager of Payfinia. 'We are honored to receive the Banking Tech Award for our partnership with Star One. Payfinia is dedicated to developing an instant payments framework that enables account holders to take control of their payments journeys, and we look forward to continuing to reimagine and improve how consumers move money.' Since launching in 2024, Payfinia has signed several new clients, partners and investors, positioning the payments company for continued growth in 2025. About Payfinia Inc. Payfinia Inc. is an independent payments company and CUSO, providing community financial institutions (CFIs) access to and ownership of their instant payments services. Payfinia's flagship product offering, the Instant Payments Xchange (IPX), is a secure, scalable and affordable real-time money movement service. Additionally, Payfinia partners with third-party digital providers to integrate instant payments with traditional payment and money movement solutions, extending the technology provider's capabilities, while also providing member FIs a more robust payments ecosystem. To learn more about Payfinia, visit
Yahoo
2 days ago
- Business
- Yahoo
FICO's Dr. Scott Zoldi Honored for Tech Leadership from Banking Tech Awards
Chief Analytics Officer recognized for his innovations around Responsible AI, Ethical AI, and Blockchain BOZEMAN, Mont., June 04, 2025--(BUSINESS WIRE)--FICO (NYSE: FICO) – Global analytics software company, FICO celebrates its chief analytics officer, Dr. Scott Zoldi for being awarded the Banking Tech Awards USA's 2025 Tech Leadership Award. The Banking Tech Awards highlight industry leaders who are spearheading cutting-edge innovations and outstanding achievements that are driving the future of banking technology across the US. The awards ceremony took place on May 29 and brought together 300+ senior decision-makers from across the industry. "I am humbled to receive the Tech Leadership Award from Banking Tech Awards," said Dr. Scott Zoldi, chief analytics officer at FICO. "At FICO, we are focused on operationalizing AI responsibly and ethically. AI use in banking is accelerating at a rapid pace, and my team and I are thrilled to be at the forefront of inventing and operationalizing key AI innovation while abiding by a corporate AI model development standard to ensure responsible AI deployment." Dr. Zoldi is responsible for artificial intelligence (AI) and analytic innovation across FICO's products and technology solutions. He has been listed as an inventor on 103 patents, in collaboration with other data and analytic scientists, and is also named on an additional 40+ patent applications in process. An industry leader in Responsible AI, this accomplishment proves his ability to transform complex challenges into operationalized impactful solutions. The full list of winners can be found here: About FICO FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 80 countries do everything from protecting 4 billion payment cards from fraud, to improving financial inclusion, to increasing supply chain resiliency. The FICO® Score, used by 90% of top US lenders, is the standard measure of consumer credit risk in the US and has been made available in over 40 other countries, improving risk management, credit access and transparency. Learn more at Join the conversation at & For FICO news and media resources, visit FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries. View source version on Contacts Julie Huangpress@
Business Wire
3 days ago
- Business
- Business Wire
Metropolitan Commercial Bank Wins Prestigious "Editors' Choice" Award at the Banking Tech Awards USA
NEW YORK--(BUSINESS WIRE)--Metropolitan Commercial Bank (the 'Bank,' 'MCB'), a full-service commercial bank based in New York City is proud to announce that it has been recognized with the esteemed "Editors' Choice" Award at the Banking Tech Awards USA. This distinction highlights MCB's innovation in Digital Onboarding and Omnichannel Banking, reinforcing its position as a leader in financial innovation. "We are deeply honored to receive this award, which celebrates our continued commitment to advancing digital banking and delivering a seamless, intuitive onboarding experience for our clients." The Banking Tech Awards USA recognizes and honors institutions who excel and innovate in the banking technology field. Winning the "Editors' Choice" Award reflects MCB's commitment to delivering seamless, client-centric digital experiences. "We are deeply honored to receive this award, which celebrates our continued commitment to advancing digital banking and delivering a seamless, intuitive onboarding experience for our clients," said Dixiana Berrios, Chief Operating Officer at Metropolitan Commercial Bank. "Innovation is at the heart of everything we do, and this recognition showcases our commitment to the MCB digital innovation project Modern Banking in Motion." MCB's Digital Onboarding capabilities are powered by the cutting-edge solutions of ebankIT, an omnichannel digital banking platform. Their platform is a core element of MCB's Modern Banking in Motion initiative that aims to enhance the Bank's ability to deliver personalized finance solutions and adapt to future advances in banking through powerful digital tools. For more information about Metropolitan Commercial Bank's award-winning digital banking solutions, visit About Metropolitan Commercial Bank Metropolitan Commercial Bank (the 'Bank') is a New York City based full-service commercial bank. The Bank provides a broad range of business, commercial and personal banking products and services to individuals, small businesses, private and public middle-market and corporate enterprises and institutions, municipalities and local government entities. Metropolitan Commercial Bank provides specialized banking services for the EB-5 and E-2 communities. The Bank combines deep industry expertise with tailored financial products to ensure a smooth, secure and efficient journey from initial investment to project completion. Metropolitan Commercial Bank was named one of Newsweek's Best Regional Banks in 2024 and 2025. The Bank was ranked by Independent Community Bankers of America among the top ten successful loan producers for 2024 by loan category and asset size for commercial banks with more than $1 billion in assets. Kroll affirmed a BBB+ (investment grade) deposit rating on January 29, 2025. For the fourth time, MCB has earned a place in the Piper Sandler Bank Sm-All Stars Class of 2024. Metropolitan Commercial Bank operates banking centers and private client offices in Manhattan and Boro Park, Brooklyn in New York City and Great Neck on Long Island in New York State. The Bank is a New York State chartered commercial bank, a member of the Federal Reserve System and the Federal Deposit Insurance Corporation, and an equal housing lender. The parent company of Metropolitan Commercial Bank is Metropolitan Bank Holding Corp. (NYSE: MCB) (the 'Company'). For more information, please visit the Bank's website at Forward Looking Statement Disclaimer This release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include but are not limited to the Company's future financial condition and capital ratios, results of operations and the Company's outlook and business. Forward-looking statements are not historical facts. Such statements may be identified by the use of such words as 'may,' 'believe,' 'expect,' 'anticipate,' 'plan,' 'continue' or similar terminology. These statements relate to future events or our future financial performance and involve risks and uncertainties that may cause our actual results, levels of activity, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we caution you not to place undue reliance on these forward-looking statements. Factors which may cause our forward-looking statements to be materially inaccurate include, but are not limited to the continuing impact of the COVID-19 pandemic on our business and results of operation, an unexpected deterioration in our loan or securities portfolios, unexpected increases in our expenses, different than anticipated growth and our ability to manage our growth, unanticipated regulatory action or changes in regulations, unexpected changes in interest rates, inflation, an unanticipated decrease in deposits, an unanticipated loss of key personnel or existing clients, competition from other institutions resulting in unanticipated changes in our loan or deposit rates, an unexpected adverse financial, regulatory or bankruptcy event experienced by our fintech partners, unanticipated increases in FDIC costs, changes in regulations, legislation or tax or accounting rules, the current or anticipated impact of military conflict, terrorism or other geopolitical events and unanticipated adverse changes in our clients' economic conditions or general economic conditions, as well as those discussed under the heading 'Risk Factors' in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.
Associated Press
3 days ago
- Business
- Associated Press
Quavo Fraud & Disputes Named 'Best Dispute Management & Resolution Solution' by Fintech Futures
WILMINGTON, Del., June 03, 2025 (GLOBE NEWSWIRE) -- Quavo Fraud & Disputes has been recognized as the winner of the 'Best as-a-Service Solution – Dispute Management & Resolution' category at the 2025 Banking Tech Awards USA, hosted by Fintech Futures. The award honors Quavo's QFD® platform, an end-to-end SaaS solution purpose-built to transform and streamline dispute management for financial institutions and deliver a seamless experience for accountholders. This prestigious accolade underscores Quavo's continued commitment to innovation in fraud and dispute resolution, enabling financial institutions to reduce operational costs, ensure regulatory compliance, and deliver trust-building experiences that foster loyalty among accountholders. 'This award is a testament to our team's relentless focus on customer experience, compliance, and AI advancements,' said Chief Product Officer and Co-Founder, David Chmielewski. 'By building QFD® with intelligence from the ground up, we've created a platform that adapts to change, scales with demand, and earns trust with every interaction.' Quavo's flagship solution, QFD®, is an AI-powered platform built exclusively for financial institutions to automate and streamline the entire dispute lifecycle. The platform delivers a compliant, scalable, and highly automated experience, enabling financial institutions to act quickly and accurately while empowering consumers with transparency and control. Now in its fourth year, the Banking Tech Awards USA celebrates the most innovative and impactful achievements across banking and fintech. This year's competition featured more than 80 leading banks, credit unions, and technology providers across 40+ categories, including technology excellence, leadership, and project implementation. About Quavo, Inc. Quavo is a leading technology partner and strategic advisor, helping financial institutions (FIs) build trust-driven customer relationships through faster, more transparent dispute resolutions. Our mission is to restore financial trust by simplifying fraud and disputes. Quavo's award-winning technology automates the entire dispute lifecycle, from intake to resolution. FIs can pair this end-to-end solution with our expert-led back-office investigation team in one turnkey managed service. Scalable for institutions of all sizes, Quavo's solutions reduce losses, ensure compliance, and enhance customer loyalty. Learn more at Media Contact: Julia Lum PR & Events Specialist [email protected]
