Orum has announced the launch of the “first-ever” no-code product built on top of FedNow to verify bank accounts instantly. FedNow is a US Federal Reserve service that enables instantaneous transfer solutions for financial services firms. Orum states that the no-code solution is better than… Read More
Read more in: Fintech | Tagged fednow, open banking, orum
Orum is live with FedACH and will be adding FedNow and FedWire services. The direct connection to the Federal Reserve’s payment rails “as a service provider is part of Orum’s new money movement API, Deliver.” The Deliver API orchestrates and optimizes money movement “through Federal Reserve… Read More
Read more in: Fintech | Tagged apis, fedach, fednow, orum, payments
Orum, the API for fast, reliable payments, today announced the launch of Verify, the first ever product built on top of FedNow, the Federal Reserve’s new instant payment rail. Orum’s patented technology – Verify – “determines within 15 seconds whether a bank account is open… Read More
Read more in: General News, Fintech, Global | Tagged apis, digital transactions, digitalization, fednow, financial services, instant payments, orum, payments, product update, stephany kirkpatrick, verify, virtual payments
Orum’s founder and CEO, Stephany Kirkpatrick, has shared her vision for a “frictionless” financial future built on “seamless” real-time payments. Stephany Kirkpatrick notes that building a firm or business from the ground up is “unlike anything else you’ll do in your life.” As Orum’s founder… Read More
Read more in: Fintech | Tagged digital financial services, digital payments, financial servicse, orum, payments, real-time payments, stephany kirkpatrick, women changing finance
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