Philadelphia, USA – FinPay, a leading provider of patient engagement and financial management solutions, has announced a strategic partnership with Credify, a fintech company specializing in embedded finance and digital identity solutions. This collaboration aims to empower banks with advanced lending capabilities, enabling them to offer seamless and secure financial services to their customers.

Empowering Banks with Advanced Lending Capabilities

The partnership combines FinPay’s expertise in patient financial management with Credify’s innovative embedded finance solutions. By integrating these capabilities, banks can enhance their lending processes through:

• Seamless Integration: Utilizing FinPay’s API banking platform, banks can easily integrate advanced lending solutions into their existing systems, streamlining operations and reducing implementation time.
• Enhanced Credit Assessments: Leveraging Credify’s digital identity solutions, banks can perform more accurate and secure credit assessments, improving lending decisions and reducing risk.
• Improved Customer Experience: By offering embedded finance solutions, banks can provide customers with seamless access to financial services, enhancing satisfaction and loyalty.

Benefits for Banks

This strategic partnership offers several advantages for banks:

• Accelerated Loan Processing: Streamlining the loan application and approval processes, enabling faster disbursement of funds.
• Reduced Operational Costs: Automating lending operations to minimize manual intervention and associated costs.
• Enhanced Compliance: Ensuring adherence to regulatory requirements through secure and compliant lending practices.
• Scalable Solutions: Providing flexible and scalable lending solutions that can grow with the bank’s needs.

About FinPay

FinPay is a recognized leader in patient engagement and financial management solutions, offering a comprehensive suite of services designed to enhance the patient financial experience. Through its innovative platforms, FinPay helps healthcare providers improve revenue cycle management and patient satisfaction.

About Credify

Credify specializes in enterprise tools that enable embedded finance for traditional financial institutions and e-commerce marketplaces. Operating in Vietnam and Japan, Credify develops enterprise solutions focused on embedded finance and digital identity, empowering businesses to offer secure and seamless financial services.