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June 10, 2019
Avidia is FinTech Friendly and Ready
Avidia Bank is here to help financial technology companies succeed.
It’s one of the most significant innovations in the financial industry. It’s FinTech, a fancy name for financial technology companies that use technology to deliver financial services. Not surprisingly, here in Massachusetts, where financial services, higher education, and technology converge, FinTech is flourishing.
As a bank dedicated to helping support the growth of businesses, Avidia is all-in with helping provide the financial services and support these companies need to prosper. And as part of our commitment, we’re proud to offer a range of helpful tools to help FinTechs manage finances and grow.
Real. Fast. Payments.
Among the services the bank provides are payment services, which will soon include Real-Time Payments (RTP). Avidia was the first community bank in the country to sign on to this service available through The Clearing House (TCH). That’s in addition to our innovative card-based payment services that allows customers to pay people and small businesses using their cards.
Access to a library of technological services.
In addition to delivering faster payment capabilities, Avidia now offers a range of others services to help FinTech’s build and grow their businesses, including a library of Application Programming Interfaces (APIs). These APIs allow FinTechs to deliver customized banking platforms to their corporate partners.
“We understand that FinTech’s have very unique needs when it comes to building and managing their businesses. As a niche bank dedicated to innovation, Avidia Bank is nimble enough to deliver the payment and banking services and compliance expertise they require, but with a level of personal service that’s difficult to find today,” said Robert Conery, COO, EVP, Avidia Bank.
A marketplace of opportunity.
Avidia offers another valuable service to FinTechs – access to a unique marketplace where companies can connect with other developers as well as private equity, angel investors, and venture capital firms. “We want to provide all the tools that FinTech’s need to grow and succeed – at every stage. The marketplace makes it easy for them to tap into potential sources of funding as well as forge strategic partnerships with other FinTechs,” said Conery.
Winning the trust of FinTechs – and awards.
Avidia’s commitment to innovation and FinTech is highlighted in our numerous awards, including FIS 2019 Impact Award Payment Innovation, NEACH, and NACHA “Payments 2019” – Payment Innovation Award. Additionally, we’ve helped power the success of a range of growing FinTechs, including Aliaswire, which has received awards for the Payvus Program, Direct Biller, Same Day ACH, and Payment Innovation Award.
Ready to connect your FinTech?