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6 min read
Community Banking News Update - September 2024
This month's major stories in community banking and their impact Welcome to the latest edition of Community Banking...
Capture foreign exchange fees
Immediately start earning income on international transactions.
Fee generation: Capture foreign exchange fees in addition to wire fees.
Bulk pricing: Leverage bulk volume pricing with multiple correspondent banks.
Zero setup costs: Our integration with leading payments interfaces means quick onboarding and no monthly platform fees.
Seamless wire automation
Accelerate your wire processing with advanced API technology and get the best pricing through our correspondent banking marketplace.
API connectivity: Automate end-to-end wire processing with reduced manual entry.
Automated Validations: Catch errors upfront to minimize delays and boost operational efficiency.
FX marketplace: Competitive bidding on FX rates from multiple correspondent banks further drives down prices.
Serve a broader customer base
Partner with correspondent banks open to working with a wider range of businesses.
One platform, multiple correspondent banks: Access multiple correspondents through one interface.
Risk matching: Get matched with correspondents with more diverse risk appetites.
Safeguard against de-risking: Build redundancy to ensure business continuity.
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Atlantic Community Banker's Bank
Thanks to the partnership with Acceleron, "not only have we retain business, we've grown the business too."
- Joanne McDaid, AVP, Payment Operations Officer, ACBB
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Metropolitan Capital Bank
We wanted to build solutions that satisfy regulatory requirements while also taking care of the client. Acceleron helped us do just that.
- Michael Rose, CEO, Metropolitan Capital Bank