Jack Henry to Acquire Payrailz
Core technology provider Jack Henry & Assoc. plans to acquire Connecticut-based Payrailz, a digital payments company used by several Massachusetts lenders.
Core technology provider Jack Henry & Assoc. plans to acquire Connecticut-based Payrailz, a digital payments company used by several Massachusetts lenders.
A group of 10 community banks, including Reading Cooperative Bank and Southbridge-based Savers Bank, has partnered with a Connecticut financial technology company to launch an open payments network that the banks say will benefit consumers and community banks.
A recent study found Millennial consumers are willing to pay for a range of financial services that most banks and credit unions don’t offer – but which these consumers wish they did.
The Connecticut-based fintech firm Payrailz has landed a big fish.
Massachusetts earlier this month joined a cohort of seven states to sign a multistate compact that is expected to significantly streamline the licensing process for fintech money services businesses.
If your customers hate taking valuable time to pay their bills, a new fintech firm based in Glastonbury, Connecticut may have the perfect solution to help make their lives easier.