Finzly, known for its expertise in developing innovative payment solutions and digital banking services, brings a wealth of experience and technological prowess to the partnership. Their offerings are designed to streamline and expedite payments, resulting in greater convenience for users while maintaining the highest standards of security and compliance.
One of the key aspects of this collaboration is the introduction of real-time payment processing. This enhancement will enable Metropolitan Commercial Bank to offer its customers the ability to execute transactions instantly, ensuring that money can be transferred, received, and accessed in real-time. This development has the potential to revolutionize the way individuals and businesses manage their finances, especially in an era where speed and immediacy are paramount.
Additionally, the partnership with Finzly will open up new avenues for Metropolitan Commercial Bank in the world of open banking and application programming interfaces (APIs). This means that the bank’s customers will have seamless access to a broader array of financial services, as well as third-party applications and tools that can enrich their banking experiences. The utilization of APIs is becoming increasingly crucial as it allows customers to tailor their financial interactions according to their unique preferences and needs.
Furthermore, as financial regulations and data security continue to evolve, Metropolitan Commercial Bank is committed to maintaining the highest standards of compliance and data protection. The partnership with Finzly includes stringent measures to safeguard sensitive customer information and ensure that all transactions are executed with the utmost security. This proactive approach to cybersecurity aligns with the bank’s dedication to providing its customers with a safe and trusted environment for their financial activities. The partnership between Metropolitan Commercial Bank and Finzly is designed to cater to a wide spectrum of customers, including individuals, businesses, and financial institutions.