Payrailz Recognized in Best Places to Work in Financial Technology 2021
Glastonbury, Conn., April 1, 2021 – Payrailz®, a digital payments company offering smarter, more engaging payment experiences to banks and credit unions across the United States, has been named one of the 2021 Best Places to Work in Financial Technology. The awards program was created in 2017 and is a project of Arizent and Best Companies Group.
This annual survey and awards program is designed to identify, recognize and honor the best employers in the financial technology industry. Companies recognized on this year’s list operate in, and serve companies and consumers across a wide range of financial services including banking and mortgages, insurance, payments and financial advisory.
The 2021 list included 49 companies, where Payrailz ranked in the top 10 for the third consecutive year, and was published by Arizent brands American Banker, National Mortgage News, PaymentsSource, Financial Planning and Digital Insurance.
“This year, the fintech industry became a larger and more important sector of our economy,” said David Evans, chief content officer at Arizent. “This ranking helps highlight companies that have generous employee policies and positive cultures, and can help serve as a guide to job seekers in this competitive industry.”
Before the pandemic, Payrailz had already created a work environment that was friendly to both in-office and remote workers. During the early days of the pandemic, as the company transitioned to a completely remote environment, the key was to create a remote workplace that accounted for and encompassed the individual challenges facing each team member such as childcare, remote learning or taking care of elderly parents. This transition was approached with an understanding of the need for work-life balance and those already accustomed to working from home assisted with the transition. It really was a team effort. Over the following months, the company sent gifts to employees to keep morale high, hosted virtual events and worked together to maintain Payrailz team spirit.
“This year has thrown a curveball to most companies’ cultures. A modern office with employee-focused comforts and a well-stocked breakroom don’t hold much weight in a work from home environment,” said Fran Duggan, CEO of Payrailz. “We, as a team, learned to fully function and meet the challenges of a remote working environment. I am so very proud of Payrailz for being named a great place to work, and I am grateful for each team member’s contribution as they have adapted to our ‘now normal’ while maintaining our family-oriented culture over the past year.”
To be considered for participation, companies must provide technology products, services or solutions that enable the delivery of financial services. Companies must also have been in business for at least one full year and employ at least 15 people in the U.S.
Companies from across the United States entered a two-part survey process to determine Arizent’s Best Places to Work in Financial Technology. The first part consisted of evaluating each nominated company's workplace policies, practices, philosophy, systems and demographics. The second part consisted of an employee survey to measure the employee experience. The combined scores determined the top companies and the final ranking. Best Companies Group managed the overall registration and survey process, analyzed the data and determined the final ranking.
For more information on Arizent’s Best Places to Work in Financial Technology program, including full eligibility criteria, visit www.BestPlacestoWorkFinTech.com.
Payrailz is a digital payments company offering advanced payment capabilities and experiences including consumer and business bill pay, external and internal transfers, new account funding, P2P, B2B, B2C and other related solutions to banks and credit unions. In a society that increasingly has become focused on a “do it for me” culture, Payrailz’ smart technology makes the difference. Payrailz creates smarter payment experiences for the financial services industry that are predictive and more engaging than currently available alternatives. Financial institutions can confidently embrace Payrailz’ API-first and cloud-native technology engine, to offer unique payment solutions to their consumers and businesses. Payrailz helps financial institutions meet the payment expectations of today and the payment innovation needs of tomorrow. For more information, visit payrailz.com, follow them on Twitter @Payrailz, Facebook or LinkedIn, or contact Mickey Goldwasser at 860.430.9245.