Alacriti News Archives

Faster tax refunds

Faster tax refunds

The most efficient tax refund is the one that doesn't need to be sent. Overpaying your taxes means the IRS holds some of your money interest-free until they get around to returning it via a [...]

What is Payments-as-a-Service?

What is Payments-as-a-Service?

You are probably already familiar with the term SaaS (Software-as-a-Service). However, you may not be as well acquainted with PaaS (Payments-as-a-Service). PaaS can also refer to Platform-as-a-Service, but here we will be exploring Payments-as-a-Service.  PaaS ([...]

A look ahead – Faster payments in 2021

A look ahead – Faster payments in 2021

The pandemic accelerated the need for faster payments, increasing both consumer demand for alternative payment options and the need for adoption by financial institutions. To illustrate, The Clearing House saw their RTP® network reach grow [...]

Why real-time payments, why now?

Why real-time payments, why now?

It’s a common experience. Someone puts a shiny new piece of technology in front of you, and they say that it’s going to change everything: faster, smarter, easier, safer. Great, you think, but … [...]

What are real-time payments?

What are real-time payments?

Real-Time Payments or “RTP” refers to payment rails (platforms or networks via which payments are made) that share a few characteristics. The first is in the name: they are real-time, or at least very close—[...]

3 reasons why you need to offer pay by text—now

3 reasons why you need to offer pay by text—now

A key element in accelerating receivables is to make it as easy and convenient as possible for customers, members, or policyholders to pay their bills. Electronic bill presentment and payment (EBPP) solutions like e-bills and [...]