Murray, UT – June 2, 2025 – FinWise Bank is proud to announce that it has been awarded “Best Innovation in Banking” at the prestigious 2025 Banking Tech Awards USA for its revolutionary payments hub, MoneyRails™.
The award, presented at a ceremony in New York City on May 29, recognizes FinWise Bank’s leadership in transforming the financial ecosystem through cutting-edge technology. MoneyRails is a modern payments infrastructure that seamlessly connects fintechs with the broader financial system – securely, compliantly, and with unmatched efficiency.
“This award is a testament to the bold vision and relentless innovation of our team,” said Jim Noone, President and CEO of FinWise Bank. “MoneyRails is more than a product – it’s a platform that empowers fintechs to scale faster, integrate smarter, and deliver better experiences to their customers.”
MoneyRails™ is a modern payments infrastructure that seamlessly connects fintechs with the broader financial system. It simplifies the complexity of payments by offering a unified, API-driven platform that bridges the gap between emerging fintechs and traditional banking rails. This platform enables faster onboarding, real-time transaction monitoring, and robust compliance, all in one place.
Additionally, MoneyRails™ provides the ability to send, receive, and store transactions securely. It includes ledgering capabilities that ensure accurate and efficient tracking of all financial activities. This comprehensive system supports various transaction types and offers detailed reporting and analytics to help businesses manage their finances effectively.
“We believe the future of banking is collaborative, connected, and customer-first,” added Noone. “MoneyRails is our commitment to building that future.”
FinWise Bank extends its gratitude to its dedicated team, visionary partners, and forward-thinking clients who continue to make innovation part of its DNA.