The partnership provides IHMVCU members with a seamless,
efficient, and user-friendly bill payment experience.
BRIDGEWATER, N.J., July 31,
2024 /PRNewswire-PRWeb/ -- IH Mississippi Valley
Credit Union (IHMVCU), a leading financial institution serving over
140,000 members, has partnered with Alacriti, a leading provider of
payments and money movement solutions, to elevate its loan payment
experience. This collaboration integrates Alacriti's cutting-edge
Orbipay Electronic Bill Presentment and Payment (EBPP) solution,
providing IHMVCU members with a seamless, efficient, and
user-friendly bill payment experience.
"We chose Alacriti because we were looking
for a partner that could deliver innovation to our members. The
integration of Orbipay EBPP allows us to offer our members a
state-of-the-art loan payment solution that is easy to use and
allows our members to pay loans from any device, any time."
IHMVCU has implemented Alacriti's Orbipay EBPP, a robust,
cloud-native platform that enhances the way members view and pay
their bills. This solution provides real-time payment processing,
comprehensive reporting, and exceptional user experience. Orbipay
EBPP integrates effortlessly with IHMVCU's core banking systems,
offering members a range of payment options, including Guest Pay,
ACH, and debit card payments.
Through Orbipay EBPP's advanced features, IHMVCU members can
easily view, manage, and pay their bills online or via mobile
devices. The platform's intuitive design and real-time processing
capabilities are integrated directly with IHMVCU's core and digital
banking systems, reducing operational costs by at least 25% and
saving 6 hours a week in handling exceptions.
"Alacriti's Orbipay EBPP platform empowers IHMVCU to deliver a
superior loan payment experience to its members. By providing
real-time payment processing and a range of payment options, IHMVCU
can meet the evolving needs of its members and ensure a high level
of satisfaction," said Stuart Bain,
SVP of Product Management at Alacriti.
"We chose Alacriti because we were looking for a partner that
could deliver innovation to our members. The integration of Orbipay
EBPP allows us to offer our members a state-of-the-art loan payment
solution that is easy to use and allows our members to pay loans
from any device, any time," said Rory
Madden, Director of Digital Banking at IHMVCU.
About Alacriti
Alacriti stands at the forefront of payments innovation,
delivering comprehensive payment and money movement solutions to
financial institutions. Our commitment is to empower our clients
and their users with seamless, easy-to-use, and secure real-time
payment experiences across all preferred channels, rails, types,
and devices. Alacriti's innovative solution provides cutting-edge
payment technologies that integrate effortlessly with existing
infrastructures. Discover more about how we are transforming
payments at Alacriti.com.
About IHMVCU
IHMVCU is dedicated to guiding its members on their journey to
financial success. As a member-owned financial cooperative, it
exists solely to help its members, team members, and communities
achieve their financial goals. Founded in 1934 by eight charter
members who were production line workers at the East Moline Works
Plant, IHMVCU has grown significantly over the decades. Today, it
stands as the largest credit union in the Quad City area, boasting
140,000 members and $2.1 billion in
assets, making it the sixth-largest credit union in Illinois. With 13 branches across eastern
Iowa and western Illinois, and a progressive and expanding
online branch, IHMVCU is committed to providing convenient and
personalized financial solutions tailored to each member-owner's
unique journey to financial success. For more information, visit
IHMVCU.org.
Media Contact
Kristen Jason, Alacriti, 1
908-791-2916, kristen.jason@alacriti.com,
https://www.alacriti.com/
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SOURCE Alacriti