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EasCorp News

USALLIANCE Joins the FedNow Service with the Vertifi Software Solution

November 2, 2023
USALLIANCE Financial, an EasCorp member credit union, announced today that it is now live on the Federal Reserve's FedNow® Service. A $3 billion credit union headquartered in Rye, NY, USALLIANCE worked closely with EasCorp's technology CUSO, Vertifi Software, to build the transaction processing gateway that integrates the credit union's core and digital banking systems with this new, transformative instant payments rail. Read USALLIANCE's full announcement online on EasCorp's News and Events page.

EasCorp President Shares Vision for FedNow Service

Updated September 18, 2023
Cynthia Nelson, President and CEO, EasCorp, was a leading voice on the future of instant payments at the recent NAFCU Congressional Caucus. During a panel discussion moderated by NAFCU Senior Counsel for Research and Policy Andrew Morris, Nelson shared her vision for the FedNow Service, touting its potential as a foundation for both technological innovation and financial inclusion. Following the panel, she shared her ideas with us in a short article,

Market Commentary
Fed's Williams Says Rate Cuts 'Likely Later This Year' (Bloomberg)

Federal Reserve Bank of New York President John Williams said the economy is headed in the right direction, and it will likely be appropriate to cut interest rates later this year. Speaking in an interview with Axios, Williams said officials want to see inflation data that continues to move toward the central bank's 2% goal.

Inside EasCorp Newsletter
February 2024 Newsletter

Featured this month: Internationally Renowned Expert on Applied AI to Speak at EasCorp's 46th Annual Meeting, Engaging Service Providers for Connection to the FedNow Service, NCUA 2024 Priorities focus on Balance Sheet, and more!