Banking
Connexus Credit Union Taps Alacriti for Real-Time Payment Services
15d ago
Connexus Credit Union has expanded its payment offerings through a partnership with Alacriti, a cloud-based payment technology provider. The collaboration enables the credit union to offer real-time payment services to its members.
The new capabilities include both Send and Receive functions on the RTP network and the FedNow Service. Alacriti’s technology supports these instant payment rails, allowing Connexus to process transactions around the clock.
This move positions Connexus to meet growing demand for faster money movement. Members can now access immediate funds transfer and receipt, enhancing the credit union's competitive edge in the digital payments landscape.
Source: Finextra
