StoneEagle on Tuesday announced a strategic partnership with ConnexPay and the launch of integrated payments with StoneEagle’s administration F&I solutions.

By prioritizing security and compliance, StoneEagle highlighted that ConnexPay can ensure financial data is protected with advanced encryption while adhering to industry regulations and creating long-term value for customers.

“As a leader in innovation within our industry, we are committed to expanding the network of connectivity points for our customers,” said Gary Peek, general manager of enterprise solutions at StoneEagle.

“ConnexPay’s concentration on automotive aligns perfectly with StoneEagle’s core offerings and client needs. We see a significant opportunity to deliver enhanced customer value through this integration,” Peek continued in a news release.

The flexibility of ConnexPay’s technology can allow clients to manage all their B2B payment needs, from acquiring sales, managing fraud, and paying suppliers, all on one platform.

“Working with an industry pioneer like StoneEagle is always thrilling,” ConnexPay chief executive officer Ben Peters said in the news release. “We are excited to see the financial returns and operational gains to their claims payment process using ConnexPay’s patented technology.

“Having known Cindy and Brent Allen personally for years, I’m excited for the future of this partnership and the path we’ll blaze together,” Peters went on to say.