Achieva Credit Union Invests in Payfinia CUSO to Expand Real-Time Payment Capabilities
~Partnership positions credit union to bring faster, more seamless payment options to members and businesses~
PORTLAND,
Ore., (April 21, 2026) – Payfinia, an independent payment services firm providing an
open payments framework, today announced a strategic
partnership with Dunedin, Fla.-based Achieva
Credit Union (‘Achieva’ – $3B in assets and more than 200K
members), marked by the credit union’s investment in the Payfinia Credit Union
Service Organization (CUSO). The collaboration supports Achieva’s commitment to
accelerating payments innovation, delivering instant payment capabilities, and
shaping the future of fintech solutions within the credit union movement.“Partnering
with Payfinia is an important
step in Achieva’s long-term digital transformation strategy,”
said Tracy Ingram, CTO, Achieva Credit Union, and Board Member of the
Payfinia CUSO. “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.”
Achieva will use Payfinia’s Instant Payment
Xchange (IPX) platform to support real-time payments. Built
on an open and flexible architecture, IPX enables the credit union to advance
payment initiatives across both consumer and business channels, extend
real-time loan disbursements through integration with loan origination systems,
streamline connectivity with fintech partners, and unify fraud and risk
management controls across payment workflows through third-party service
connections already in IPX.
The partnership allows Achieva to support new
and emerging payment options, including digital wallets such as Paze, QR
code-based payments, and enhancements to peer-to-peer (P2P) services.
Achieva is also advancing its strategy to deliver instant payment capabilities
for business members as demand for faster commercial payments continues to
grow.
Through
this collaboration, Achieva gains a hands-on role in guiding Payfinia’s product
roadmap, enhancement priorities, and market direction in the future.
Key
benefits of the partnership and CUSO investment include:
- Streamlined enablement of an embedded digital payments portfolio within an open framework;
- Unified fraud management across multiple payment workflows via IPX and associated third-party tools;
- Accelerated payments innovation and use-case expansion through fintech integrations;
- Lower operational costs and improved transparency by migrating traditional payments to instant payment rails; and
- Ongoing influence over Payfinia’s
segmentation strategy and roadmap for credit union success.
Keith Riddle, General
Manager, Payfinia, said, “Achieva
represents the type of forward-thinking institution that is critical to driving
meaningful change in the payments landscape. Its investment in the CUSO and
adoption of IPX reflect a shared vision for a more open, connected, and
innovation-driven future. Together, we are enabling credit unions to compete
more effectively while delivering faster, more secure payment experiences to its
members.”
About Achieva Credit Union
Achieva Credit Union was founded in 1937 in Pinellas County, Florida. Today, it is rated a Superior 5-Star credit union by Bauer Financial and has more than $3 billion in assets and 26 branches serving more than 200,00 members. For more information about Achieva Credit Union, visit www.achievacu.com.
Achieva Credit Union was founded in 1937 in Pinellas County, Florida. Today, it is rated a Superior 5-Star credit union by Bauer Financial and has more than $3 billion in assets and 26 branches serving more than 200,00 members. For more information about Achieva Credit Union, visit www.achievacu.com.
About Payfinia Inc.
Payfinia
Inc. is an independent payments company, providing community financial
institutions (CFIs) access to and ownership of their instant payments services.
Payfinia’s flagship product offering, the Instant Payments Xchange (IPX), is a
secure, scalable and affordable real-time money movement service. Additionally,
Payfinia partners with third-party digital providers to integrate instant
payments with traditional payment and money movement solutions, extending the
technology provider’s capabilities, while also providing community financial
institutions (CFIs) a more robust payments ecosystem. To learn more about
Payfinia, visit payfinia.com or follow the
company on LinkedIn.