Real-time payments have a knowledge gap. According to PYMNTS research, a surprising 36.2 percent of consumers claim to have used real-time payments even though the methods they use either do not support real-time payments or are not made in real time. Why the lack of...
It may not seem to be an easy connection to make, but as financial institutions (FIs) continue their quest for innovation, they may learn something from a toy: Legos. Because fashioning new payments initiatives must mean paying attention to the small details and approaching it...
Manish Gurukula, CEO of Alacriti, believes the effects of COVID-19 on his industry, including an increase in blended experiences like BOPIS, haven’t been all bad. “The behavioral changes that were necessitated by the global pandemic will have lasting impacts on the payments space, and in...
The financial services ecosystem has evolved to a state where traditional financial institutions (FIs) and FinTechs, which once had been vying for the mind share and wallet share of end consumers, are now working more closely in an effort to innovate. To that end, Carl Robinson,...
February 08, 2021
Real-time payments have a knowledge gap. According to PYMNTS research, a surprising 36.2 percent of consumers claim to have used real-time payments even though the methods they use either do not support real-time payments or are not made in real time. Why the lack of understanding? It’s possible that it occurs in part because payers […]
January 29, 2021
It may not seem to be an easy connection to make, but as financial institutions (FIs) continue their quest for innovation, they may learn something from a toy: Legos. Because...
January 05, 2021
The financial services ecosystem has evolved to a state where traditional financial institutions (FIs) and FinTechs, which once had been vying for the mind share and wallet share of end...
November 25, 2020
The tipping point toward real-time payments’ ubiquity might be closer than many observers think, Mark Ranta, payments practice lead at FinTech Alacriti, told PYMNTS in a recent interview. Ranta said...
April 13, 2023
Payments FinTech Alacriti has teamed with Socure to prevent identity fraud in instant payments. “Instant payments require real-time fraud prevention, which is not something many existing enterprise fraud systems are well-equipped to handle,” Mark Majeske, senior vice president of faster payments at Alacriti, said in a news release Thursday (April 13). With this partnership, he […]
November 10, 2020
Payments FinTech Alacriti has announced a partnership with Glia, which works in digital customer service, for new customer service options for payments needs, according to a press release. The partnership,...
October 22, 2020
Alacriti is rolling out a new solution that will link banks and credit unions (CUs) with the burgeoning work of real-time payments, or RTP. The New Jersey-based FinTech on Thursday...
October 06, 2020
A 17-year-old FinTech is teaming up with The Clearing House, one of oldest players in the U.S. financial industry that was founded before the Civil War, to drive adoption of...