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Payments Veteran Steve Ledford Joins Finzly’s Strategic Advisory Board
News provided byEIN Presswire
Jan 24, 2023, 6:00 AM ET
Steve's 41 years of experience in the payment industry to support Finzly’s mission to drive innovation in banking and payments.
“I consider Steve as the father of RTP, the first real-time payment rail in the US. I am fortunate to have worked with Steve since the start of Faster Payments Task Force launched by the Fed in 2014. We have only taken baby steps with instant payments in the US, but Finzly is prepared to lead the industry to run a modern, connected, real-time, and embedded economy. I am tremendously excited about Steve joining Finzly’s advisory board as we have a lot to learn from his decades of payment experience to transform our payment industry,” said Booshan Rengachari, Founder and CEO of Finzly.
Finzly’s award-winning payment hub is the only modern payment platform that can process all type of payments in a single system, including ACH, Fedwire, SWIFT and instant payments on the RTP and FedNow networks. Drawing on his extensive experience, Steve will support Finzly’s mission to drive and transform the banking and payment industry that has accumulated decades of technology debt.
Steve recently retired from The Clearing House as a Senior Vice President, where his expertise and 41-year legacy in the payment industry were instrumental in the launch the RTP® network. Steve’s strategic participation in the steering committee of the Faster Payments Task Force and the Faster Payments Council has demonstrated Steve’s ability to cut through the complexity of instant payments implementation and adoption.
Steve has also held senior management positions at Novantas, a financial services consulting firm, McKinsey’s global payments practice, and Global Concepts, a consulting and research firm. He is a graduate of Wofford College with a BA in Economics.
“I am thrilled to be working with the creative folks at Finzly, a company that has a proven record of growth in international and domestic payments. I look forward to bringing my experience to complement the company’s high-performance culture,” commented Steve.
Finzly provides the financial infrastructure for Banks, Fintechs, and Businesses to offer and access financial services in an open, connected, real-time, and embedded ecosystem. Finzly’s operating system for banks, FinzlyOS, acts as a parallel core platform and is modern, cloud-based, real-time, and API-enabled. With an array of readymade banking solutions including a multi-rail payment hub (ACH, Fedwire, RTP, FedNow, and SWIFT), foreign exchange, KYC, Risk, Compliance, and a suite of customer treasury experience components, Finzly allows the building of programmable banks, also offering a platform to launch Banking as a Service to fintech partners and corporate customers. To learn more, visit www.finzly.com