Today, EPCOR and DeNovo Treasury announced a new all-encompassing Instant Payments Enablement Service designed to empower organizations as they assess risk, make policy and operational decisions and create a go-to-market strategy.
This innovative service, building on EPCOR’s Instant Payments Launch Service and DeNovo Treasury’s Instant Payments Evaluation Service, capitalizes on the expertise of both organizations to provide a robust framework for the swift deployment of faster payment systems, ensuring a seamless transition towards modernized payment solutions.
The Instant Payments Enablement Service is designed to enlighten participants on critical aspects of instant payment transactions, ignite discussions around pivotal decisions and streamline necessary strategy and planning to expedite the launch of faster payment solutions autonomously. Leveraging an educational blueprint the service will address foundational queries such as initiating steps for faster payments, policy inclusions, procedural necessities, account limit settings and considerations for balancing and reconciling accounts. Building on that momentum, the service extends to decision-making and strategy for the seamless introduction of faster payments, meticulously guiding organizations through every stage of the launch process.
Brandie Thacker, AAP, President and CEO, EPCOR, remarked, "This joint venture between EPCOR and DeNovo Treasury represents a major leap forward in our commitment to helping organizations navigate this transformative time in the payments industry. By addressing strategic, operational and risk management dimensions, we are setting a new benchmark for seamless adoption of instant payments."
Will K. Grace, Founder & Managing Director, DeNovo Treasury added, "Joining forces with EPCOR enables us to amplify our impact, offering an unparalleled service to organizations nationwide. The combined expertise of our teams guarantees a comprehensive, informed and strategic approach to launching instant payments, answering the industry's call for meticulous planning and execution."
The Instant Payments Enablement Service will be available to all organizations seeking to navigate the complexities and opportunities presented by the evolving payments landscape. Participants are encouraged to leverage this partnership to enhance their strategic planning capabilities, operational readiness and risk management practices in the realm of instant payments.