Acceleron and Braid Partner to Bring International Payment Automation to Community Financial Institutions and Drive Non-Interest Income
Acceleron, a high-tech software platform offering a Foreign Exchange (FX) marketplace, is now integrated into Payments Exchange: Foreign Exchange Services from Fiserv, to streamline end-to-end international foreign exchange services to community banks and credit unions.
The Integration of Acceleron with Payments Exchange from Fiserv Provides Automated, End-to-End International Wire Processing for Banks and Credit Unions. Acceleron’s SmartRoute system optimizes international wire transactions through its FX marketplace platform, where multiple correspondent banks compete to offer the best rates. Additionally, automated validations catch errors upfront to minimize delays streamlining wire processing, ensuring seamless end-to-end data transfer.
With pre-integration into Payments Exchange from Fiserv, banks and credit unions can easily leverage Acceleron’s competitive pricing without the need for additional technical work, enabling a fast, efficient implementation.
Acceleron Announces Partnership With Fiserv to Deliver Seamless Foreign Exchange Services
Acceleron, a high-tech software platform offering a Foreign Exchange (FX) marketplace, is now integrated into Payments Exchange: Foreign Exchange Services from Fiserv, to streamline end-to-end international foreign exchange services to community banks and credit unions.
The Integration of Acceleron with Payments Exchange from Fiserv Provides Automated, End-to-End International Wire Processing for Banks and Credit Unions. Acceleron’s SmartRoute system optimizes international wire transactions through its FX marketplace platform, where multiple correspondent banks compete to offer the best rates. Additionally, automated validations catch errors upfront to minimize delays streamlining wire processing, ensuring seamless end-to-end data transfer.
With pre-integration into Payments Exchange from Fiserv, banks and credit unions can easily leverage Acceleron’s competitive pricing without the need for additional technical work, enabling a fast, efficient implementation.
Introducing NudgeConvert, Acceleron's newly patented real-time wire conversion tool. NudgeConvert offers your customers an incentive, such as waiving the wire fee, to process the transaction as a foreign exchange wire. The community bank receives the percentage spread income instead of the foreign bank.
Acceleron In Process of Becoming a Correspondent Bank
Acceleron, a correspondent banking technology platform for international wires automation, is in the process of becoming a full fledged bank in the state of Vermont. Acceleron Bank will bring fully integrated international payments to eliminate the need for costly integrations or third-party providers.
Acceleron's (aka PeopleHedge Corp) SmartRoute technology creates a real-time auction for foreign exchange payments, compressing pricing and making banks competitive with financial technology rivals.
