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Axos Bank Selects Priority Rollfi to Power Back Office Payroll and Benefits Solutions
Businesswire· 2026-02-03 16:00
Core Insights - Axos Bank has partnered with Priority Rollfi to enhance its business banking platform by integrating Rollfi's payroll and benefits technology [1][2][3] Group 1: Partnership Details - The partnership was established after a competitive RFP process, with Rollfi selected to provide embedded and white-label payroll and benefits technology [1] - Rollfi's modular, API-based technology will automate payroll processing, streamline tax compliance, and manage employee benefits within Axos's digital banking ecosystem [2][3] Group 2: Technological Advancements - The integration of Rollfi's technology aims to modernize back office management for Axos Bank's commercial banking clients, making operations faster and more efficient [2][3] - Rollfi's infrastructure supports payroll and benefits through advanced solutions that help financial institutions optimize deposit retention [3] Group 3: Company Background - As of September 30, 2025, Axos Financial, Inc. has approximately $27.4 billion in consolidated assets and offers a range of consumer and business banking products [4] - Axos Clearing LLC manages approximately $43.0 billion in assets under custody and/or administration, providing comprehensive securities clearing services [4] Group 4: Rollfi Overview - Rollfi empowers banks and fintechs to add payroll and benefits to their offerings through white-label solutions and robust APIs, enabling platforms to unlock new revenue and improve customer retention [5]