Silverflow and Chesapeake Bank team up to revolutionise payment processing in the US

Silverflow and Chesapeake Bank team up to revolutionise payment processing in the US

Silverflow, a cloud-native payment processing innovator, has recently formed a strategic partnership with Chesapeake Bank, a community-focused financial institution.

This collaboration between Silverflow and Chesapeake Bank is designed to equip Chesapeake Bank’s ISO clients with a modern, efficient, and robust payment processing solution. The partnership aims to improve the bank’s processing capabilities significantly and position it as a leader in adopting innovative technologies like the RTP real-time payments network.

The partnership enhances Chesapeake Bank’s service offerings by integrating Silverflow’s advanced technological framework, thereby improving functionality and client service. It also aligns with Chesapeake Bank’s history of embracing new technologies to better serve its clients, further establishing its role as an innovation leader in the community banking sector.

This partnership marks another significant milestone for Silverflow, following its ongoing collaboration with TRX Services to empower US merchants with better control over their payment processes. Additionally, Silverflow’s Supervisory Board has recently been strengthened with key appointments, including Dagmar van Ravenswaay Claasen as Chairperson, which complements its strategic vision for growth and innovation in payment solutions.

TRX Services CEO Scott Martin noted, “Our commitment at TRX Services is to provide secure, highly reliable processing while also delivering innovation that empowers our customers to better serve their customers.  Partnering with Silverflow continues to be a true win-win for both organizations.  Now, with the partnership between Silverflow and Chesapeake Bank, we have even greater opportunities to create new solutions that meet the needs of a dynamic marketplace.”

Silverflow’s CEO and Co-founder, Anne Willem de Vries, expressed, “Working with Chesapeake Bank, a forward-thinking community bank, allows us to demonstrate the power and flexibility of our modern processing platform. Their dedication to technology and client service aligns perfectly with our values, and together, we can offer a superior processing solution to their ISO clients.”

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