Friday, November 22, 2024
8.7 C
New York

Commencement Bank integrates Allied Payment Network digital payments into CSI core

Commencement Bank, a community bank in Tacoma, Washington, partners with Allied Payment Network for real-time digital payments, with Allied’s solution to be integrated into the bank’s core banking platform. This decision was influenced by Commencement Bank’s positive experience with Allied’s payments solution and has led to CSI, their core provider, agreeing to the integration.

Facts

  • Commencement Bank, based in Tacoma, Washington, collaborates with Allied Payment Network for real-time digital payments.
  • Allied’s solution will be integrated with Commencement Bank’s core banking platform from CSI.
  • Commencement Bank had been using Allied’s payments solution since 2021 and encouraged CSI to integrate it after a positive experience.
  • Tricia Ott, SVP of operations and digital services for Commencement Bank, praises Allied for its interface, support, and customer satisfaction.
  • CSI agreed to the integration following Commencement Bank’s recommendation.
  • Jeff Harper, Allied’s chief revenue officer, expresses gratitude for Commencement Bank’s support and considers customers as partners.
  • Allied, based in Fort Wayne, Indiana, serves 500 financial institutions in 49 US states with real-time digital payment solutions.
  • Allied processed over $3.6 billion in payments last year and continues to grow, with new senior appointments such as James Dixon as CISO and Kathi Klawitter as COO.

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

TrueLayer Cuts Workforce Amid Profitability Push and $50M Funding Boost

Workforce Reductions: TrueLayer, an open banking payments company...

Amundi Acquires Aixigo to Expand Wealth Management Technology Offerings

Strategic Acquisition: Amundi, Europe’s leading asset manager with...

Celero Commerce Acquires Precision Payments to Expand SME Payment Solutions

Acquisition Announcement: US fintech Celero Commerce has acquired...

Trust Payments Appoints Laurence Booth as New CEO to Drive Growth

Trust Payments, a leading London-based paytech company, has...

NatWest Partners with NCR Atleos to Modernize 5,500 ATMs

NatWest Group has expanded its collaboration with NCR...

Gate City Bank Partners with Alkami for Enhanced Digital Banking Solutions

Gate City Bank Embraces Alkami's Technology: North Dakota-based...

UK Government Unveils Strategy to Boost Financial Services Growth and Innovation

Driving Competitiveness in Finance: The new Labour government,...
Exit mobile version