Everlink Payments Services Inc. and FINTAINIUM™ Inc announce the intention to establish a strategic partnership. The FINTAINIUM patent-pending Account Receivables and Payables Management Platform, in conjunction with Everlink’s eHUB™ Digital Payments Platform, will support Business-to-Consumer (B2C) and Business-to-Business (B2B) real-time payments, leveraging the ISO20022 global standard.
Digital payments have quickly reshaped the industry’s business models and competitive landscape, requiring new product strategies that rely on efficiency, scale, and modern technology to keep pace with consumer demand for digital solutions. Recent INTERAC data has shown an increase in businesses shifting to accept INTERAC e-Transfer transactions, with twenty-one percent more companies receiving e-Transfer Transactions in August than in February 2020. Similarly, in a Mastercard study of small businesses across North America, 76% say the pandemic prompted them to become more digital, with 82% changing how their business sends and receives payments.
This announcement emphasizes Everlink’s commitment to accelerate payments modernization for its clients through collaborative partnerships and showcases the powerful integration capabilities of Everlink’s eHUB™ Digital Payments Platform to support real-time payments. The fully integrated solution, powered by FINTAINIUM™ and eHUB™, will enable Commercial Banking Platforms, Small Businesses, Corporations, and Government entities to shift their business processes to online operations.
The solution created by this partnership will provide businesses the ability to send or request individual or bulk real-time payments without having to incur the high capital costs to do so. “This strategic alliance will ensure our clients are at the forefront of the digital transformation wave, accelerated by the explosive growth of Application Programming Interfaces (APIs),” says Bryan Beattie, VP, Business Operations.
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