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Moov Financial and SouthState Bank Partnership Enhances Real-Time Payment Solutions

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Moov Financial has announced a partnership with SouthState Bank to provide near-instant funds-in/funds-out capabilities via Moov's debit card integrations with Visa and Mastercard networks. This collaboration allows Moov's customers to experience almost instant fund transfers to and from their Moov Wallet using linked debit cards, streamlining the payment process significantly.

The integration is supported by Moov's connection to Visa Direct and Mastercard Send, accelerating traditional multi-day transfers into efficient transactions. Moov's CEO, Wade Arnold, highlighted the game-changing nature of real-time transfers for consumers and businesses, emphasizing the need for effective oversight and reconciliation.

In addition to payment improvements, the partnership utilizes Google Cloud's analytics and data management capabilities to enhance data privacy and efficiency. Moov's Data Sync technology will improve real-time data streaming and risk management.

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