Correspondent Connection

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2 min read

Top 3 Learnings from the FEDFIS Roundup

Picture of Damon Magnuski, CEO, Acceleron Damon Magnuski, CEO, Acceleron: 12/14/23 2:50 PM

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 to thank the FedFis team, Dave & Tanner Mayo, and the Sponsors for throwing such a great event. The...

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Data exchange banking

2 min read

What is the Best Way to Exchange Data in the Banking Industry?

Picture of Kevin Minard Kevin Minard: 7/13/23 12:31 PM

Automation Data
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1 min read

Are you paying your competition?

Taran S.: 6/27/23 1:20 PM

Are you paying your competition when it comes to FX wires? In most cases, the answer is, yes. Community banks and Credit Unions are often chosen by...

Non-Interest Income Foreign Exchange Correspondent Banking
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1 min read

The Power of In-Person Networking

Picture of Elizabeth Downey Elizabeth Downey: 6/20/23 10:50 PM

In a world driven by digital communication, the power of face-to-face interactions in the business realm remains unparalleled. There's something...

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correspondent bank list

3 min read

Top 7 Things to Consider When Choosing a Correspondent Bank

Picture of Damon Magnuski, CEO, Acceleron Damon Magnuski, CEO, Acceleron: 6/1/23 10:06 AM

Key factors: integration, product offerings, automation, and maximizing banking profitability. Choosing a correspondent bank is difficult. It is a...

Non-Interest Income Foreign Exchange Correspondent Banking
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9 min read

A Banker’s Primer on Secure Data Storage Strategies

Picture of Matthew Matthew: 5/24/23 4:30 PM

It’s 1 am on Monday morning. You’ve just received a frantic call from your IT incident response team indicating that the internal network at the bank...

Credit Union
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2 min read

Top 3 Compliance Related Issues with Your Correspondent Bank Relationship

Picture of Sarah Beth Felix, Co-Founder and Chief AML Officer, Acceleron Sarah Beth Felix, Co-Founder and Chief AML Officer, Acceleron: 5/24/23 1:10 PM

Before you think – “I don’t have any correspondent relationships!” – you may want to ask your accounting and wire team. Most likely, your community...

Currency Risk Management Foreign Exchange Credit Union AML Compliance
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de-risk

5 min read

Oh Snap! We've Been De-Risked!

Picture of Damon Magnuski, CEO, Acceleron Damon Magnuski, CEO, Acceleron: 5/18/23 8:16 PM

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...

Currency Risk Management De-Risking Correspondent Banking Credit Union
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Popular Stories
4 min read

The Year in Cross Border Payments and Correspondent Banking: Key Takeaways

Dec 18, 2024 by Daisy Lin, Head of Marketing, Acceleron

Powerful forces are shaking the foundation of correspondent banking. While global opportunities for cross-border...
4 min read

Non-Interest Income: Maximizing Bank Profitability Through International Payments

Aug 22, 2024 by Andrew Dillard, Chief Business Officer, Acceleron

Leveraging international payments and FX marketplaces to drive non-interest income Key takeaways: Diversify Income:...
2 min read

Oh Snap! We've Been De-Risked!

May 19, 2023 by Damon Magnuski, CEO, Acceleron

What you need to know about de-risking Imagine it's a regular Monday, and out of the blue, you receive a voicemail or...
3 min read

Future of Community Banking: Metropolitan Capital Bank & Trust

Sep 11, 2024 by Daisy Lin, Head of Marketing, Acceleron

Unlocking international opportunities: Metropolitan Capital Bank & Trust’s strategic partnership with Acceleron...
3 min read

Top 7 Things to Consider When Choosing a Correspondent Bank

Jun 1, 2023 by Damon Magnuski, CEO, Acceleron

Key factors: integration, product offerings, automation, and maximizing banking profitability. Choosing a correspondent...
4 min read

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

Aug 29, 2024 by Damon Magnuski, CEO, Acceleron

Less manual entry and errors, more time savings and revenue. Key Takeaways New software technology can automate...

 

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