Zum Rails takes in first capital to launch new banking-as-a-service, FedNow offerings | TechCrunch
The adoption of open banking and instant payments in the U.S. is slower compared to other countries like Brazil. The new FedNow program and forthcoming data-sharing regulations present growth opportunities.
Zūm Rails is working to simplify payment processes by providing an all-in-one payments gateway that merges open banking with instant payments, allowing companies to offer a wide range of payment services effortlessly. [ more ]