Zūm Rails, a company focused on integrating open banking and instant payments, has partnered with Fiserv to provide U.S. businesses with embedded financial services, enabling secure and efficient payment processing through a unified API. The collaboration allows firms, from large enterprises to SMBs, to streamline functions such as accounts payable, fraud management, and transaction reporting while tapping into major U.S. payment networks like Visa, Mastercard, and ACH. Zūm Rails is also expanding its offerings across North America, including a forthcoming Banking-as-a-Service (BaaS) product, to enhance customer payment flexibility and support business growth.
Open Banking and Instant Payments Fintech Zūm Rails to Enable Financial Services for US Firms with Fiserv