Digital-first commercial institution Piermont Bank has joined forces with global payout orchestration platform MassPay to deliver modern, reliable payment rails tailored for expanding businesses operating in domestic and cross-border environments.
This collaboration ties together Piermont Bank’s cloud-based embedded banking infrastructure, including the regulated settlement network and core banking rail infrastructure, with MassPay’s global distribution network, which supports payments processing across more than 180 countries. This partnership brings middle-market firms, multi-sided digital marketplaces, and corporate enterprises a streamlined channel through which to process payments seamlessly and in compliance without having to deal with regional banking structures.
Addressing Fragmented Operations in Cross-Border Corporate Payments
As these growing enterprises expand their geographic footprint, the task of coordinating cross-border payments becomes ever more difficult. In essence, finance and operations teams have to deal with a wide variety of payees from offshore suppliers and independent software developers to marketplaces and remote employees and the associated differences in payment channels and regulatory requirements.
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Connecting directly with overseas clearing systems or utilizing traditional correspondent banking infrastructure can often complicate operations, increase transaction costs, and result in delays.
The Piermont Bank and MassPay alliance resolves these technical hurdles by embedding regulated banking rails directly into MassPay’s developer-friendly payout platform. Through this setup, commercial clients can disburse funds across a wide array of payment modalities including local automated clearinghouse (ACH) rails, real-time transfers, digital wallets, and debit cards while ensuring every transaction is backed by fully compliant banking oversight.
Some of the important operational features and technological strengths provided through this partnership are:
Global Reach: Allows organizations to remit money to their vendors, contractors, and partners in 180+ nations through a single operational integration.
Banking & Settlement Layer: Combines the orchestration software of MassPay with the commercial structure of Piermont for ensuring proper clearing and fund custody.
Compliance & Identification Process: Integrates an automated KYC screening process along with global compliance checks in the transaction workflow to eliminate regulatory challenges while expanding into new markets.
Diverse Disbursal Methods: Provides flexible options for disbursing money according to the requirements of different locations such as local bank transfers, card payments, and digital wallets.
Surging Market Demand for Scalable Payout Infrastructure
The partnership comes during a phase of rapid market adoption for modern payout mechanisms. MassPay recorded a 510% year-over-year surge in payout volume during the third quarter of 2026, illustrating the growing demand among scaling companies for flexible, borderless treasury and disbursement tools.
“Successful bank–fintech partnerships start with understanding what each partner does best and how those strengths can come together to solve real business challenges,” said Wendy Cai-Lee, Founder and CEO of Piermont Bank. “At Piermont, we believe banks should provide the trusted financial infrastructure that allows fintech innovators to focus on what they do best building solutions around their customers’ needs. Our partnership with MassPay reflects that philosophy, combining the strength of regulated banking with specialized payment technology to support business growth.”
“Going cross-border can grow a business significantly, but it often feels like a huge task, and even companies already working internationally end up expanding market by market because of onboarding and compliance hurdles,” said Ran Grushkowsky, CEO of MassPay. “Our partnership with Piermont Bank closes that gap, giving growing businesses one path to pay people in 180 countries.”
Empowering Bank–Fintech Innovation
The partnership reinforces Piermont Bank’s strategic focus on advancing bank–fintech collaboration through its purpose-built embedded finance architecture. By granting fintech platforms direct access to regulated financial systems, Piermont enables payment innovators to build, test, and scale next-generation financial products while maintaining strict regulatory governance and risk controls.
