Grow Financial Federal Credit Union Partners With Alacriti To Launch Instant Payments
Summary
• Alacritis Orbipay Payments Hub powers the rollout, offering a cloud-native, ISO 20022-native platform that supports the RTP network, FedNow Service, ACH, Visa Direct, and wires. Grow is also actively implementing Send functionality, targeting an early summer launch to further modernize and streamline money movement for its members. • Foundation for future innovation – With Send functionality underway, Grow is laying the groundwork for expanded real-time services, including A2A transfers, and new use cases across the member base. Additional capabilities, including wire transfer automation, P2P, bill pay enhancements, and streamlined ACH services, are also being explored as part of Grow Financials modernization roadmap. 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.