Alacriti, a fintech company specializing in payments and money movement, is excited to present its real time payment solution at the Nacha Smarter Faster Payments 2022 conference on May 2, 2022 at 3:00 p.m. CT as part of the Federal Reserve’s live FedNow Service Provider Showcase.
The in-person showcase will connect service providers offering instant payment solutions with financial institutions looking to adopt and innovate upon the FedNow Service, a new instant payment platform the Federal Reserve will launch in 2023. The live presentations focus on processors offering services that are a top need for financial institutions preparing for instant payments.
“We’re excited to feature our Cosmos Payments Services, which powers instant payments solutions, and to connect with financial institutions about their needs ahead of FedNow Service rollout next year,” said Mark Majeske, SVP of Faster Payments, at Alacriti. “Instant payments are the future, and we are looking forward to helping our financial institution partners bring FedNow-powered products and services to their customers.”
The showcase presentations will take place at the Federal Reserve’s booth, #701. Alacriti is also profiled in the online FedNow Service Provider Showcase on FedNowExplorer.org.
“We appreciate the energy and momentum that organizations like Alacriti are bringing to enabling FedNow adoption within the instant payments ecosystem,” said Connie Theien, senior vice president and head of industry relations for the Federal Reserve System. “The FedNow Service Provider Showcase presentations are an opportunity for financial institutions seeking to connect with providers to build end-to-end instant payment solutions.”
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