Damon Magnuski, CEO, Acceleron

Damon Magnuski is the founder and CEO of Acceleron, which builds cutting-edge software that allows community banks and credit unions to conduct international payment transactions profitably through a foreign exchange (FX) marketplace. With an engineering background and extensive experience in financial markets and technology development, Damon brings a unique perspective to the community banking industry. His innovative solutions have positioned Acceleron as a key player in empowering community banks to drive non-interest income in a competitive financial landscape. In this article, Damon shares the inspiration behind Acceleron and his unwavering commitment to supporting community banking.

4 min read

Automating International Wire Transfers: Boosting Efficiency and Profitability for Community Banks

Less manual entry and errors, more time savings and revenue. Key Takeaways

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1 min read

The Advantages of Risk Sorting

How to prevent de-risking by sorting your customers by risk While we are in the business of correspondent banking, a new and interesting trend...

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Top 3 Reasons We Loved the Janney Bank CEO Forum

Introduction While there were many reasons why I enjoyed attending the Janney CEO Forum I am narrowing it down to my top 3. An Event Full of...

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Top 3 Learnings from the FEDFIS Roundup

I would like to give a brief review of lessons learned at the FedFis Roundup. First off, this being Acceleron's first time at the event, I would like...

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3 min read

Top 7 Things to Consider When Choosing a Correspondent Bank

The top factors include integration, product set, manual entry, and more. Choosing a correspondent bank is difficult. Maybe your institution has been...

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4 min read

Oh Snap! We've Been De-Risked!

What you need to know about de-risking Imagine it's a regular Monday, and out of the blue, you receive a voicemail or email from your correspondent...

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