Payfinia has announced a strategic partnership with Achieva Credit Union, marked by Achieva’s investment in Payfinia’s Credit Union Service Organization (CUSO). The collaboration aims to accelerate digital transformation and payments innovation, enabling faster and more efficient financial services for Achieva’s 200,000+ members. As part of the agreement, Achieva will implement Payfinia’s Instant Payment Xchange (IPX) platform to support real-time payments across consumer and business channels, including loan disbursements, peer-to-peer transfers, and fintech integrations.
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The platform’s open architecture also enables unified fraud and risk management while supporting emerging payment methods such as digital wallets and QR-based transactions. “Partnering with Payfinia is an important step in Achieva’s long-term digital transformation strategy,” said Tracy Ingram, CTO, Achieva Credit Union. “This investment in the CUSO allows us to deliver faster payments, modernize our entire payments ecosystem and play a role in shaping what payments look like for credit unions in the future.” The partnership also gives Achieva influence over Payfinia’s product roadmap and future innovation strategy.
