HOW IT WORKS
International wire processing in PayLOGICS
Acceleron's suite of foreign exchange services are now embedded in the Aptys PayLOGICS platform, providing a fully automated end-to-end wire transfer solution that simplifies operations and unlocks new revenue streams.
Your customers stay in PayLOGICS. No separate system, no additional training, no new front end.
Straight-through processing. Wire details entered by the end user flow automatically through to processing and settlement.
Competitive FX rates in real time. Multiple correspondent banks bid in real time, delivering rates that can be up to 50% lower than traditional pricing.
Automation catches errors before wire is sent
Utilize API technology to catch errors upfront and perform speedy end-to-end data transfers.
Fast implementation
No new technology and no workflow overhaul needed. Just opt in to the FX module and turn it on for the customers you choose.
THE BENEFITS
Everyone in the chain wins
Banker's banks and corporate credit unions: Offer a complete international wire solution to clients, who don't have to scramble for outside correspondent partnerships any more. The FX marketplace delivers bulk buying power that competes with national banks.
Community banks and credit unions: Process international payments with no foreign exchange desk required and no separate system to learn. Access real-time competitive rates and do it all inside the platform your team already uses.
End customers: Experience a more seamless experience from start to finish. Better pricing, lower fees and faster service drive more satisfaction.
“This partnership brings our clients a powerful combination of operational efficiency and new revenue potential. By embedding Acceleron’s competitive FX marketplace into our PayLOGICS platform, we are giving financial institutions access to better rates, broader payment options, and differentiated services that enhance their value proposition in the marketplace.”
-Naseer Nasim, CEO of Aptys Solutions.
CASE STUDY
A banker's bank has been doing this for years. The results speak for themselves.
Atlantic Community Bankers Bank (ACBB) partnered with Acceleron to modernize its international wire and FX services, and the results were immediate.
- $507 million in international wire volume processed in a single year
- 200 community bank clients served on the FX platform
- Reduced manual entry, faster processing, and live rates for end customers
"The partnership brings a better experience to the community and to the ultimate customer by reducing their costs and reducing manual entry."
— Joanne McDaid, VP Payment Operations Officer, ACBB
Attending Aptys Connect this June?
We'll be there. Let's find 20 minutes to talk about how you start reducing manual entry and improve margins from your existing wire flow.
Book a Meeting
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