⤴️ Stay Ahead of the curve in Community Banking! 🔗 https://lnkd.in/g3gkupuS From cross-border payment opportunities to deposit insurance reform and a surge in M&A activity—discover how this month’s biggest stories impact your community bank or credit union. Swipe through for the insights that matter most. 👉 Read the full article at the link above and in the comments! #bankingindustry #communitybanking #creditunions #correspondentbanking
Acceleron Bank, In Formation
Financial Services
White River Junction, VT 992 followers
Turn international payments into profit opportunities
About us
Acceleron Bank, In Formation builds innovative software that helps community banks and credit unions automate international payments through an FX marketplace. Our technology streamlines wire processing, ensuring seamless end-to-end data transfer and enabling transactions in over 90 countries at reduced rates. Serving over 200 financial institutions and orchestrating over $1 billion in international payments annually, Acceleron helps small banks generate non-interest income and compete more effectively with high-fee big banks. Our correspondent banking solutions integrate seamlessly with leading payment platforms, ensuring quick implementation and smooth operation. Acceleron is dedicated to leveling the playing field, protecting community banks from de-risking, and ensuring they can thrive in the modern financial landscape.
- Website
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www.acceleronbank.com
External link for Acceleron Bank, In Formation
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- White River Junction, VT
- Type
- Privately Held
- Founded
- 2011
- Specialties
- International Payments, Non Interest Income , Derisking, Community Banks, Credit Unions, Community Bank, Credit Union, FX, FinTech, Payments, Bank, Bank Local, Foreign Exchange, FX Wires, Bank Revenue, Data, Bank Local, Wires, Software development, International payments, correspondent banking, correspondent bank, and international wires
Locations
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Primary
White River Junction, VT 05001, US
Employees at Acceleron Bank, In Formation
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Joe Rothermich, CFA
AI in Finance | Research and Product Leader | Founder
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Elisabeth Laett
Managing Partner | Fintech Investor AI |Top 50 Women in Fintech in Canada | Sports, Media & Entertainment fund
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Rojin Nair
Dreamer Thinker Designer Creator
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Sarah Beth Felix
CEO at Palmera Consulting; Co-Founder & Chief AML Officer at Acceleron Bank; Co-Founder at Hyper-S Research
Updates
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Data is the new currency in banking! 🔗 https://lnkd.in/gxnNuvyd Discover how David Nohe, CEO of FinGoal, is empowering community banks to leverage data for smarter strategies, from Open Banking to international payments. Read the full article for his excellent insights - link above and in the comments! #communitybanking #creditunions #correspondentbanking #bankingindustry
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The December edition of The Exchange is here! 🤸♀️ Get up to speed on the latest community banking and international payments news, movers and shakers, and a new meme for chuckles (+ food for thought). Check it out now! #communitybanking #correspondentbanking #bankingindustry #creditunions
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From global payment expansions to an expected increase of M&A , 🎯 December’s Community Banking News Update is packed with game-changers you need to know about! 🔗 https://lnkd.in/g3gkupuS Here’s what’s inside: 🌍 Global Expansion of Cross-Border Payments: Fast payment systems are going global, with advancements in Europe, Asia, and beyond. 🤝 Mergers & Acquisitions on the Rise: Bank leaders anticipate increased consolidation in 2025, driven by tech investments and geographic expansion. 💼 Newtek Bank’s Zero-Fee Business Checking: A fintech-inspired approach that’s reshaping customer expectations. 👱♂️ FDIC Leadership Transition: Martin Gruenberg’s resignation signals potential regulatory shifts under new leadership. 🏦 Calls for Deposit Insurance Reform: The CFPB highlights fairness gaps for smaller banks following a recent bank failure. 📉 Challenges in Loan Growth: Elevated interest rates and CRE pullbacks are slowing loan portfolio expansion for community banks. Read the full update and discover why these trends matter to community banks and credit unions! Link also in comments! #communitybanking #bankingindustry #correspondentbanking #creditunons
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Why are community banks and credit unions handing over profits from international wires to the big banks when they can capture those foreign exchange fees themselves? 🤷♂️ Hear our CEO Damon Magnuski explain how community banks and credit unions can generate non-interest income through Acceleron's FX Marketplace, turning a cost center into a new source of revenue. 💰 To read more about non-interest income, read our blog: https://lnkd.in/g4pNZZ5X #communitybanking #bankingindustry #creditunions #correspondentbanking
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What does it take to ensure a successful digital transformation for your community bank or credit union? 👉 Swipe through our latest carousel for actionable tips! From leveraging customer data to unlocking international payment opportunities, discover practical strategies to modernize and stay competitive in a tech-driven world with Brandon Oliver of BankTech Ventures, part of our Transformers interview series. 🔗 Read the full article at https://lnkd.in/g9XQAtu2 #bankingindustry #communitybanking #creditunions #correspondentbanking
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Exploring simple strategies to boost new revenue streams for 2025? Don’t underestimate the potential of international payments, according to Tanner Mayo, President of FedFis. If your bank or credit union is already processing international wires in USD, you might be leaving money on the table. You can transform your wire process into a profit center by capturing FX fees yourself instead of handing them over to foreign banks through technology that is pre-integrated with Fiserv Payments Exchange. Discover how to generate non-interest income through international payments in our blog. 🔗 https://lnkd.in/g4pNZZ5X #communitybanking #bankingindustry #creditunion #correspondentbanking
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💡 Turn international wires into wins for your community bank or credit union! Discover how our patented NudgeConvert technology transforms routine USD wire transfers into a seamless opportunity for foreign exchange payments — benefiting both your customers and your bank. This smart, customizable interface incentivizes customers to send payments in local currencies and save money, ensuring transparency while capturing valuable FX fees for your institution. It then sends the wire to our FX marketplace, which further drives down exchange rates. Visit our product page for more information: https://lnkd.in/gUJNqqDH 🎥 Watch the animation to see how NudgeConvert works! #correspondentbanking #bankingindustry #communitybanking #creditunions
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Manual wire processing slowing you down? 🐢 See the clear difference automation makes in international payments. From reducing errors to scaling operations, this side-by-side comparison shows how automation transforms your workflow. 📌 Read the full article: https://lnkd.in/gTP6fb4w #correspondentbanking #communitybanking #bankingindustry #creditunions
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Pre-integrated tech matters in banking. Joanne McDaid, CFCS, AVP, Payments Operations Officer at Atlantic Community Bankers Bank ( ACBB ), highlights how our joint FX solution enables banks to access the correspondent banking marketplace in just days. With Acceleron's pre-integration with Fiserv and other major payment platforms, there's no disruptions, no tech overhauls — just seamless integration and instant benefits. Watch to learn more! 📽️ 🔗 Link to the full partnership spotlight: https://lnkd.in/gWFNGMpA