Vertifi is proud to be featured in the Federal Reserve’s new FedNow Service Provider Showcase, an online resource designed to connect financial institutions looking to adopt and innovate upon the FedNow Service with service providers offering instant payment solutions.
“We’re excited to be part of the FedNow Service Provider Showcase and look forward to helping financial institutions adopt and implement instant payments,” said Andrew Peach, Chief Business Development Officer of Vertifi. “With our payments solution, financial institutions and their consumers will be able to access the speed, convenience and other benefits the FedNow Service will provide when it launches in 2023.” Vertifi’s solution for the FedNow Service will manage the formatting and exchange of payment messages with the FedNow Service’s network thus eliminating the need for any expensive network, server or application infrastructure and delivering the FedNow service more affordably.
“We appreciate the commitment of Vertifi to enabling FedNow adoption and participating in the showcase,” said Nick Stanescu, Federal Reserve Bank senior vice president and FedNow business executive. “The time is now for organizations to identify and connect with partners they’ll need to build the end-to-end solutions the market is demanding.”
To learn more, visit Vertifi’s profile https://explore.fednow.org/explore-the-city?id=10&building=showcase-theater&page=8&postId=50&vendor=vertifi-software-llc- in the FedNow Service Provider Showcase on FedNowExplorer.org.