Remove Credit Transaction Remove FedNow Remove Same Day ACH
article thumbnail

Payfinia Receives $4.5 Million from Star One Credit Union to Launch CUSO

Finovate

The CUSO is launching in partnership with Star One Credit Union, which invested $4.5 Payfinia’s IPX platform will play a key role in the CUSO, helping organizations leverage FedNow to offer instant payments while providing fraud prevention. million in the organization. million in Seed funding.

article thumbnail

Tyfone Spins Out New Entity for Instant Payments

Finovate

Payfinia hinges on Tyfone’s Instant Payment Xchange (IPX), a money movement gateway to FedNow that will serve as Payfinia’s flagship offering. Tyfone launched its IPX platform in July 2023, in conjunction with the Federal Reserve’s FedNow instant payment service.