5 min read
Community Banking News Update - December 2024
This month's major stories in community banking and their impact 📣 Welcome to the latest edition of Community Banking...
Simplify International Payments, Unlock New Revenue Streams
Acceleron automates international wire processes and helps community banks and credit unions turn a profit on every transaction.
Trusted by more than 200 banks nationwide.
SmartRoute
An innovative correspondent banking marketplace that delivers the best FX rates through competitive bidding.
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Drive down prices
Multiple correspondent banks bid on FX rates through one platform, driving down prices.
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Risk matching
Get matched with correspondents with more diverse risk appetites.
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Build redundancy
Build redundancy to ensure business continuity and safeguard against de-risking.
NudgeConvert
A patented user interface that converts USD wires into foreign exchange wires in real-time.
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Incentivize customers to convert
A friendly user interface incentivizes customers at the point of purchase to save money by converting their USD wire to foreign exchange wire.
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Capture foreign exchange fees
Community financial institutions are able to capture lucrative foreign exchange fees in addition to wire fees.
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Bulk pricing
Leverage bulk volume pricing with multiple correspondent banks.
Automated Validations
Catch errors upfront to minimize delays.
API Connectivity
Seamless end-to-end data flow with modern APIs.
Reduce Manual Entry
Straight through wire processing saves time and labor.
Pre-integrated
Integrated with major payment platforms for easy onboarding.
Drive Non-Interest Income Efficiently
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Leverage technology and the growing field of international payments and tap into dual revenue streams.
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Offer more attractive pricing to customers.
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Capture regular wire fees as well as foreign exchange fees.
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No set up costs and no monthly platform fees.
Learn more →
Read our latest stories
4 min read
The Transformers: Brandon Oliver, Principal at BankTech Ventures
Nov 19, 2024 by Daisy Lin, Head of Marketing, Acceleron
Spotlight on Innovators Driving Digital Transformation in Community Banking 💡 Brandon Oliver is dedicated to helping...
3 min read
Inbound International Wire Transfers Don’t Have to Be Painful — Here’s How to Fix the Process
Nov 14, 2024 by Damon Magnuski, CEO, Acceleron
Actionable steps to make international wire transfers faster and error-free Dealing with inbound international wire...
Talk to an Expert
200+ banks are using Acceleron to:
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Automate wire transfers
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Reduce costs
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Earn non-interest income
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Build redundancy
