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Automating International Wire Transfers: Boosting Efficiency and Profitability for Community Banks
Less manual entry and errors, more time savings and revenue. Key Takeaways
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
Less manual entry and errors, more time savings and revenue. Key Takeaways
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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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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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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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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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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...