Nezz Selects Priority to Power Banking Infrastructure for Real-Time Settlement Platform
Nezz is partnering with Priority to enhance its real-time settlement platform with robust banking infrastructure.Summary
Nezz, a fintech focused on high-value transaction settlement, has announced a partnership with Priority, a payments and banking technology company. Priority will provide the banking and account capabilities for Nezz’s platform, which aims to address inefficiencies in large-value transactions currently reliant on fragmented systems like wires and manual reconciliation. Nezz consolidates payments, verification, and workflows into a single system, enabling account-to-account transfers without third-party escrow. Brandon Gallagher, CTO/Co-founder of Nezz, stated that the partnership will make high-value transactions “faster and more certain” by embedding settlement logic directly into the payment flow. The platform is initially targeting the U.S. market, leveraging the expansion of real-time payment rails like RTP and FedNow to offer secure, automated alternatives to traditional methods. Nezz’s platform allows businesses to verify funds, define transaction conditions, and execute payments with real-time confirmation, ultimately reducing risk and accelerating settlement.
(Source：Ein Presswire)