4 min read
What to Look for in a Modern Correspondent Banking Software Platform
How to choose correspondent banking software that turns international payments into bank revenue from non-interest...
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 multiple correspondents with more diverse risk appetites and build redundancy.
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Bulk pricing
Leverage bulk volume pricing with multiple correspondent banks.
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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5X revenue opportunity
By leveraging live FX pricing and performing the currency conversion, banks and credit unions can generate up to 5x the revenue of standard USD international wires.
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 →
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Community Banking Champions: Leila Aghabarari, Ph.D., Global Economist
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A global economist’s take on the future of community banking and where to find opportunities. She’s made her mark as an...
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The Transformers: Natasha Vernier, CEO of Cable
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Cable CEO shares how she’s replacing outdated compliance checks with automated, 100% control testing, ushering in a new...
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
