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 [...]
The latest from Alacriti
5 common misconceptions FIs have about real-time payments
Banks and credit unions continually have to make a choice when it comes to technology—maintain the status quo and risk losing account holders, or go through the disruption and cost of a big IT [...]
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
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?
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 … [...]
Realizing the value of real-time payments for credit unions
Real-time payments (RTP) have been discussed for decades, but they only achieved true momentum within the last few years. Industry changes, combined with the effects of the pandemic, have accelerated the trajectory for mass-market adoption [...]
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—[...]