FORT WAYNE, Ind.--(October 23, 2019)--Allied Payment Network, the industry’s most progressive provider of online and mobile bill payment services to banks and credit unions, will showcase its industry-first, real-time bill pay technology at Money2020 USA in Las Vegas, NV, from Monday, October 28 to Wednesday, October 30, 2019.
WHERE: Money20/20 will be held at The Venetian|The Palazzo hotel in Las Vegas, NV. Allied Payment Network will have a demo pod in the hotel exhibition hall in Booth 3124, along with its partner Finastra.
WHAT: The Allied Payment Network real-time bill pay solution is designed to help financial institutions retain and grow their customer base by meeting consumer demand for faster and easier payment methods. It immediately moves funds from the user’s bank account, limiting risk to the financial institution, and will soon allow an instant funds push to the biller for immediate confirmation that the bill has been paid. Allied utilized Finastra’s FusionFabric.cloud open banking platform to develop the technology, which cut development and integration time from 10 weeks to two days. Allied and Finastra recently implemented the solution at El Monte, California-based Certified Federal Credit Union.
In addition to its real-time payment capability, Allied’s bill pay platform allows users to receive, store and pay their bills all in one place instead of utilizing multiple biller websites, putting the financial institution at the center of a consumer’s finances and encouraging adoption.
WHO: Allied representatives Ralph Marcuccilli, CEO and founder; Lisa Kuhn Phillips, Vice President; and Jeffrey Harper, Chief Revenue Officer, will be on site at Money2020 and available for interviews and demonstration.
About Allied Payment Network
Allied Payment Network is an industry-leading provider of emerging bill pay technologies to the financial services industries. With its award-winning solution, PicturePay®, Allied pioneered the first mobile photo bill pay application for smartphones and has brought the same level of innovation to its full suite of online and mobile bill pay channels. These include solutions for Internet bill pay, small business payments, person-to-person, account-to-account, and online loan payments, among others. For more information, visit www.AlliedPayment.com.