Finzly Named Finalist in 2026 Money20/20 Money Awards for BankOS

Finzly's modern bank operating system recognized in the Banking category for Infrastructure

CHARLOTTE, N.C., Oct. 6, 2026 /PRNewswire/ -- Finzly, a leader in modern banking technology, has been named a finalist in the Banking category of the 2026 Money20/20 Money Awards for BankOS, its cloud-native, modern bank operating system, entered under the Infrastructure subcategory.

An independent panel of industry experts selected the finalists. Finzly is the only bank modernization platform among the 18 finalists in the Banking group. Winners will be announced at Money20/20 USA in Las Vegas on Oct. 18.

BankOS is the modern operating system for bank growth. Running alongside a bank's existing core, it enables financial institutions to rapidly launch new capabilities, create new revenue streams, and deliver modern customer experiences through modular Galaxies that can be deployed as needed.

• Payment Galaxy for unified payments processing across ACH, Fedwire, RTP, FedNow, Swift and blockchain rails     
• Account Galaxy with a real-time 24/7 unified digital and fiat ledger for specialty deposits and virtual accounts;     
• Token Galaxy for tokenized money, including stablecoins and tokenized deposits;    
• Trade Galaxy for international banking, from FX trading to trade finance.
• Agentic Galaxy making the entire platform AI-powered.
• Digital Galaxy delivering unified experiences across all channels     

Because every galaxy runs on the same operating system, banks can activate new capabilities without adding new infrastructure.

Finzly's entry centered on the idea that banks should operate on a unified platform for managing accounts, payments across fiat money and digital assets. By maintaining a single source of truth for balances and value movement, banks can eliminate reconciliation gaps, simplify operations, and create a foundation for future growth. Using Finzly's surround-and-shrink approach, banks move products, customer segments, channels and payment rails off the legacy core and onto BankOS in stages instead of attempting a full core rip-and-replace approach. In February 2026, Metropolitan Commercial Bank became the first U.S. bank to fully decommission its legacy ACH mainframe, a step long considered too complex for most banks, and it now runs Finzly as its primary ACH system.

"The core has become a decisive element in what a bank can launch and when, and for most institutions, replacing a legacy one outright is a multiyear bet they cannot take a bet on," said Booshan Rengachari, founder and CEO of Finzly. "We built BankOS so a bank can start moving work off that core in months, one rail or product line at a time, and keep going until the dependency is gone. Being recognized by the Money20/20 jury in a field with some of the biggest names in banking is a huge achievement for our team and an acknowledgment that the industry is ready to finally put legacy constraints to bed."

Finzly's entry, 'BankOS – The Power of One,' and the full list of finalists can be viewed at: https://www.money2020.com/awards/finalists26 

About Finzly

Finzly offers BankOS, a modern operating system for banks that serves as an innovation core, free from legacy core dependencies. It manages traditional and tokenized money and its movement across ACH, wires, RTP, FedNow, SWIFT, and other payment rails through ISO 20022-native processing, all on a single platform with advanced payment processing and a unified ledger. This gives banks a simpler path to modernize payments, launch new services, and create growth channels across embedded banking, FX, and payments.

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SOURCE Finzly