Alacriti's integration of Orbipay money movement services into
Lumin Digital's platform delivers innovation with instant real-time
Account-to-Account transfers and digital loan payments
capabilities
BRIDGEWATER, N.J., July 11,
2024 /PRNewswire-PRWeb/ -- Bridgewater, NJ, July
11, 2024 – Alacriti, a leader in cloud-based payments and
money movement services, today announced its strategic partnership
with Lumin Digital, a leading provider of innovative digital
banking solutions. The collaboration aims to empower financial
institutions with advanced payment functionalities, improve
operational efficiency, and deliver superior customer/member
service.
"By integrating Orbipay money movement
services with Lumin's platform, we are providing financial
institutions with a powerful tool to enhance their digital payment
services."
The integration of Alacriti's Orbipay loan payment solution with
Lumin's digital banking solutions will enable Lumin's clients to
offer a seamless loan payment experience. With Orbipay EBPP,
accountholders will have an enhanced ability to manage and pay
their loans with the convenience that today's consumer demands. The
integration supports multiple payment methods, including Apple Pay,
Google Pay, ACH, and card payments; payment channels such as text
and AI chatbot; and one-time, recurring, guest pay, and autopay
payment options.
"By partnering with Alacriti, Lumin is able to provide our
clients with core agnostic solutions to achieve their payment
modernization goals," stated Ashley
Weinke, Product Manager of Lumin Digital. "The flexibility
and scalability of Alacriti's platform allow us to provide our
clients with robust payment options that meet the evolving needs of
their account holders. We are excited about the future integration
of real-time A2A transfers, allowing users to send payments
instantly via the RTP® network and FedNow® Service rails."
This collaboration will also set the stage for the addition of
real-time A2A (Account-to-Account) transfer capabilities through an
integration with Orbipay Payments Hub later this year — a solution
that includes connection to instant payment rails.
"By integrating Orbipay money movement services with Lumin's
platform, we are providing financial institutions with a powerful
tool to enhance their digital payment services," said Eric Kugle, Senior Director of Strategic
Partnerships of Alacriti. "This partnership reflects our commitment
to delivering innovative payment solutions that drive efficiency
and improve the user experience. The upcoming A2A transfer
integration will further solidify our joint efforts to offer a
flexible and modern payment solution."
The partnership between Alacriti and Lumin Digital demonstrates
their shared dedication to providing modern, digital experiences to
financial institutions, their customers, and members. The
integration of instant payments is just the beginning, as both
companies look forward to expanding their joint services and
solutions, shaping the future of digital banking integrated
payments.
About Alacriti
Alacriti is a leading financial technology company with a
comprehensive money movement and payments services platform
dedicated to helping clients accelerate their digital
transformation. Built on a flexible, cloud-native framework,
Alacriti's array of solutions allows clients to deliver the money
movement experiences and payments innovation that today's users
demand while seamlessly integrating with their internal
infrastructures. Learn more at Alacriti.com.
About Lumin Digital
Lumin Digital is the leading, future-ready digital banking
solution powering remarkable growth for financial institutions
across the United States.
Combining innovation, data, and speed, Lumin's disruption-proof
platform was born in the cloud to stay ahead of the evolving
expectations of retail and business banking users. With Lumin
Digital's unique approach, our clients innovate and scale at their
own pace, optimize digital banking ROI, and create a strong digital
relationship with their customers. For more information, visit
lumindigital.com.
Media Contact
Kristen Jason, Alacriti, 1
908-791-2916, kristen.jason@alacriti.com,
https://www.alacriti.com/
Olivia Knecht, Clarity for Lumin
Digital, lumin@clarity.global, https://lumindigital.com/
Twitter, LinkedIn
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SOURCE Alacriti