Alacriti is excited to attend and exhibit at the MEA & REDi User Conference taking place at Resorts World Las Vegas in Las Vegas, NV from August 14 – 18, 2022.

Stop by our table to meet with our team and discuss how we can enable your financial institution to deliver modern digital payments and money movement experiences.

MEA Financial is a national leader in the provision of innovative software solutions to the financial services marketplace around the nation. As specialists in both cutting edge technology and the financial industry, our highly experienced and versatile team creates and supports flexible solutions that meet the demanding requirements in an adaptable industry.

Alacriti, a fintech company specializing in payments, today announced that it has hired Mike Davis as Chief Sales Officer and Mark Majeske as Senior Vice President of Faster Payments.

“Mike Davis and Mark Majeske bring deep industry experience to their new roles, and we are excited to welcome them to the Alacriti team,” said Manish Gurukula, Alacriti’s CEO. “Their leadership and experience will be key as we continue to deliver differentiated products in the payments space,” added Gurukula.

As Chief Sales Officer, Davis is responsible for driving new customer acquisition and helping current clients maximize the value derived from Alacriti’s industry-leading digital money movement platform. Mike brings more than 25 years of senior leadership experience in enterprise technology and banking industries. Previously, Davis served as Chief Sales Officer at Kasasa. His career has focused on high-velocity sales and revenue growth, transforming private equity-held companies into financial and technology industry leaders.

Majeske, SVP of Faster Payments, is responsible for driving Alacriti’s faster payment solutions, as well as defining the roadmap and partnership opportunities. Majeske joined Alacriti from FIS, where he led product development for the RTP® network, the FedNowSM service, and Zelle®. Previously, he was part of the team that designed, developed, and launched the RTP network at The Clearing House. Majeske’s industry experience includes working in digital payments product development at JPMorgan Chase & Co., Citibank, SunTrust Banks (now Truist Financial Corporation), and TD Bank.

About Alacriti

Alacriti is a leading financial technology company with a comprehensive money movement and payments services platform, dedicated to helping clients accelerate their digital transformation. Built on a flexible, cloud-native framework, Alacriti’s array of solutions allow clients to deliver the money movement experiences and payments innovation that today’s users demand, while seamlessly integrating with their internal infrastructures.

Alacriti is excited to present and exhibit at the VisiFI Customer Conference, where industry leaders discuss technology trends impacting credit unions and how VisiFI is accelerating investment in solutions and culture, and partnerships, to grow.

Join us on Thursday, June 2 at 1:00 PM PST, as we discuss the current RTP marketplace, what financial institutions need to consider before implementing RTP, provide an overview of our partnership with VisiFI and future plans around real-time A2A transfers.

Also, don’t forget to stop by our table to meet with our team and discuss how we can enable your credit union to deliver modern digital payments and money movement experiences. Make sure to take part in our giveaway for a chance to win Apple AirPods!

VisiFI is a pioneer in online banking solutions, enabling their customers to meet members’ demands for more remote options – while continuing to ensure a positive member experience. The conference will be hosted at the Scottsdale Marriott at McDowell Mountain in Scottsdale, Arizona, on June 1 – 3, 2022.

Alacriti was proud to present Instant Payments: From Demand to Expectation at the virtual InsurTech Summit 2022 on May 10.

Al Griffin, Principal Solutions Consultant and Product Manager at Alacriti, discussed how consumer willingness to wait on claim payouts is increasingly disappearing as payments become faster in the U.S. To deliver on today’s expectations, insurance companies need to explore instant claim payout options. Instant payments go beyond policyholder satisfaction in their worth—there are numerous benefits to the insurer as well. The presentation covered instant payments and the changes they will bring to the insurance industry.

Alacriti is a sponsor for the InsurTech Summit, and the presentation can be watched on-demand.

Orbipay Push-to-Card enables businesses and financial institutions to deliver secure funds disbursements directly to a recipient’s debit card, in real-time

Alacriti, a fintech company specializing in payments and money movement, today announced its new, fast push-to-card solution that enables businesses to disburse funds directly to their eligible debit cards—in real time—enabled by Visa Direct, Visa’s real-time money movement network.

Business and consumer expectations for convenient, secure, and fast money movement is increasing across every use case. According to research by Visa, 82% of surveyed consumers would be more likely to work with businesses that offer fast disbursements through push-to-card. Orbipay Push-to-Card can quickly meet this demand with minimal cost and integration hassle.

Orbipay Push-to-Card enables businesses to deliver faster payout experiences and helps drive customer satisfaction. Consumers don’t need to remember or share their bank account information, and funds can be sent to their most-used eligible card. It’s convenient and quick, and supports the growing consumer demand for faster access to their money. Orbipay Push-to-Card is a part of Orbipay Unified Money Movement Services, a cloud-based platform that enables businesses to quickly and seamlessly deliver modern, intuitive digital payments and money movement experiences.

“Our introduction of push-to-card capability, enabled by Visa Direct, provides a new and innovative way for businesses to deliver faster payment experiences,” stated Mark Majeske, SVP of Faster Payments at Alacriti. “Our solution can be deployed quickly, integrates into existing payout flows, and comes with a risk-free pricing model, allowing businesses to improve cash flow management, drive customer satisfaction, and increase efficiency.”

“Visa Direct is a compelling capability offering incredible reach to more than 5 billion cards and accounts and supporting more and more money movement use cases around the globe,” said Yanilsa Gonzalez-Ore, SVP and North America Head, Visa Direct. “We’re excited to partner with Alacriti in the U.S. to help enable digital payout capabilities for their clients and remove slow and inefficient paper-based processes.”

About Alacriti

Alacriti is a leading financial technology company with a comprehensive money movement and payments services platform, dedicated to helping clients accelerate their digital transformation. Built on a flexible, cloud-native framework, Alacriti’s array of solutions allow clients to deliver the money movement experiences and payments innovation that today’s users demand, while seamlessly integrating with their internal infrastructures.

Alacriti’s Cosmos Payments Services Provides Unified, End-to-End Payment Orchestration and Processing Across All Major Payment Types

Alacriti, a fintech company specializing in payments and money movement, is excited to present its real time payments solution at the Nacha Smarter Faster Payments 2022 conference on May 2, 2022 at 3:00 p.m. CT as part of the Federal Reserve’s live FedNow Service Provider Showcase.

The in-person showcase will connect service providers offering instant payment solutions with financial institutions looking to adopt and innovate upon the FedNow Service, a new instant payment platform the Federal Reserve will launch in 2023. The live presentations focus on processors offering services that are a top need for financial institutions preparing for instant payments.

“We’re excited to feature our Cosmos Payments Services, which powers instant payments solutions, and to connect with financial institutions about their needs ahead of FedNow Service rollout next year,” said Mark Majeske, SVP of Faster Payments, at Alacriti. “Instant payments are the future, and we are looking forward to helping our financial institution partners bring FedNow-powered products and services to their customers.”

The showcase presentations will take place at the Federal Reserve’s booth, #701. Alacriti is also profiled in the online FedNow Service Provider Showcase on FedNowExplorer.org.

“We appreciate the energy and momentum that organizations like Alacriti are bringing to enabling FedNow adoption within the instant payments ecosystem,” said Connie Theien, senior vice president and head of industry relations for the Federal Reserve System. “The FedNow Service Provider Showcase presentations are an opportunity for financial institutions seeking to connect with providers to build end-to-end instant payment solutions.”

About Alacriti

Alacriti is a leading financial technology company with a comprehensive money movement and payments services platform, dedicated to helping clients accelerate their digital transformation. Built on a flexible, cloud-native framework, Alacriti’s array of solutions allows clients to deliver the money movement experiences and payments innovation that today’s users demand, while seamlessly integrating with their internal infrastructures.

About the FedNow Service

The Federal Reserve Banks are developing the FedNow Service to facilitate nationwide reach of instant payment services by financial institutions — regardless of size or geographic location — around the clock, every day of the year. Through financial institutions participating in the FedNow Service, businesses and individuals will be able to send and receive instant payments at any time of day, and recipients will have full access to funds immediately, giving them greater flexibility to manage their money and make time-sensitive payments. Access will be provided through the Federal Reserve’s FedLine® network, which serves more than 10,000 financial institutions directly or through their agents. For more information, visit FedNowExplorer.org.

“FedNow” and “FedLine” are service marks of the Federal Reserve Banks. A list of marks related to financial services products that are offered to financial institutions by the Federal Reserve Banks is available at FRBservices.org.

Cosmos Payments Services Now Includes Support for TCH’s RTP® Network, Visa Direct, and The FedNow Service (coming in 2023) – Providing Multiple Options for Instant Payments and Transfers

Alacriti, a fintech company specializing in payments and money movement, 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. In addition, connection to the upcoming FedNow Service is now included in Alacriti’s Cosmos Payments Services to give financial institutions multiple paths forward for faster payments innovation.

Alacriti is also a member of the FedNow Ecosystem Accelerator Group, which helps to influence FedNow design and release priorities and to support and encourage the continued development of the instant payments ecosystem.

Alacriti’s payments service, Cosmos, delivers unified, end-to-end payment orchestration and processing for ACH, Same Day ACH, the Fedwire® Funds Service, TCH RTP® network, Visa Direct, and the FedNow^SM Service in a secure, ISO 20022 based cloud-native platform. Cosmos enables financial institutions to deliver innovative faster payment experiences for their customers without having to worry about individual payment rails. It supports interoperability between the TCH RTP network and the FedNow Service and provides a future-proof platform for innovation.

“Alacriti is dedicated to helping financial institutions innovate. In today’s world of ‘instant everything’, the possibilities for faster payments are endless,” stated Manish Gurukula, Alacriti CEO. “We built Cosmos Payments Services to support the connection to all major payment rails from one modern, unified platform. Cosmos features hassle-free integration to the existing core and digital banking systems, and a low cost to market to help deliver on the promise of instant payments.”

About Alacriti

Alacriti is a leading financial technology company with a comprehensive money movement and payments services platform, dedicated to helping clients accelerate their digital transformation. Built on a flexible, cloud-native framework, Alacriti’s array of solutions allows clients to deliver the money movement experiences and payments innovation that today’s users demand, while seamlessly integrating with their internal infrastructures.

Alacriti will be attending and exhibiting at Nacha Smarter Faster Payments Conference, designed for a diversity of organizations that are interested in driving innovation, delivering value through new solutions and services, and employing these offerings to meet their business needs and customers. Payments experts from financial institutions, solution providers, and corporations may learn and network at the conference, which has educational sessions, an exhibit hall, and a range of networking opportunities.

Stop by Booth #309 to discuss how we can enable your financial institution to deliver modern digital payments and money movement experiences. Take part in our giveaway for a chance to win an Apple iPad Air! If you would like to book a meeting at the show, you can block some time on our calendar here.

Join us and the Faster Payments Council for a special reception with other FPC members and payments professionals on May 2. Find more details and RSVP here.

Nacha is in charge of the thriving ACH Network, a payment system that facilitates safe, smart, and fast direct deposits and direct payments to any bank or credit union account in the U.S. The conference will be hosted at the Gaylord Opryland Resort & Convention Center in Nashville, Tennessee on May 1-4, 2022.