Tyfone Partners with Silicon Valley-Based Star One Credit Union to Implement New Instant Payment Solution, Now Certified For Federal Reserve’s FedNowSM Service
Digital banking innovator Tyfone, Inc. today announced its strategic partnership with Star One Credit Union to implement the credit union’s new instant payment solution, which has been certified for FedNowSM, the Federal Reserve’s new, highly anticipated instant payment offering launching in July 2023.
- Digital banking innovator Tyfone, Inc. today announced its strategic partnership with Star One Credit Union to implement the credit union’s new instant payment solution, which has been certified for FedNowSM, the Federal Reserve’s new, highly anticipated instant payment offering launching in July 2023.
- With over $10.2 billion in assets, Star One Credit Union is one of Silicon Valley's largest financial institutions and ranks 19th in total assets among all U.S. credit unions.
- “Together with Tyfone, we are advancing instant payments adoption in the United States and helping to fulfill the end-to-end instant payment ecosystem,” said Minal Gupta, VP of Remote Services of Star One Credit Union.
- “Our partnership with Star One Credit Union allows us to build a solution that aligns with financial institutions’ unique needs and ensures greater accessibility.