Real-time payments are a critical part of payments modernization. Request for Pay (RfP) is a financial messaging scheme built on the rails of real-time payments that enables billers to initiate real-time payments from bill payees [...]
The adoption of instant payment systems in credit unions has become a pivotal aspect of modern banking operations. Instant payments can transform credit unions by enabling real-time money transfers, boosting member satisfaction and operational efficiency. [...]
In 2022, the Fed announced that the Federal Reserve Banks planned to adopt the ISO 20022 standard for the Fedwire Funds Service in a single-day implementation strategy on March 10, 2025. ISO 20022 is a [...]
Wire transfers have been a cornerstone of global commerce for a long time—making swift and secure movement of funds across borders possible. Traditional wire systems face inefficiencies such as a lack of transparency, high [...]
Although instant payments have been the subject of much attention, consumers and businesses continue to rely on wire transfers. That’s why the upcoming Fedwire migration to the ISO 20022 standard is compelling banks and [...]
In a recent webinar, Payments in 2024: What You Need to Know, featuring insights from Erika Baumann, Director of Commercial Banking & Payments Practice at Datos Insights, and Mark Majeske, Senior Vice President of Faster [...]
As credit unions contend with rising interest rates and evolving member expectations, understanding the dynamics of the loan payment market is more important than ever. In the webinar, 2024 Payments Landscape Strategies for Loan Payment [...]
Alacriti, a leader in cloud-based payments and money movement services, today announced its strategic partnership with Lumin Digital, a leading provider of innovative digital banking solutions. The collaboration aims to empower financial institutions with advanced [...]
Alacriti is proud to announce a free webinar this week for credit union leaders interested in learning more about modernizing their payments strategies to remain competitive and meet members' needs. The virtual event titled, “Payments [...]
Alacriti is proud to announce a free webinar for credit union leaders interested in learning more about modernizing their payments strategies to remain competitive and meet members' needs. The virtual event titled, “Payments Modernization: Lessons [...]
Backbase, the global leader in Engagement Banking, today announced that Alacriti, an innovator in cloud-based payments and money movement services, will integrate its payments hub solution into the Backbase Engagement Banking Platform. Through this partnership, [...]
Navy Federal Credit Union, the world's largest credit union, with $166 billion in assets and more than 13,000,000 members, has partnered with Alacriti, an innovator in cloud-based payments and money movement services, as [...]
Alacriti is proud to announce a free webinar this week for credit union leaders interested in learning more about the growth and development of instant payments in 2023 and what’s to come in 2024. [...]
Alacriti is proud to announce a free webinar for credit union leaders interested in learning more about the growth and development of instant payments in 2023 and what’s to come in 2024. The virtual [...]
