We are excited to announce that Accelera has joined the NayaOne Tech Marketplace. Accelera provide solutions for payments modernisation, empowering financial institutions to accelerate their payment processes, future-proof their operations, and deliver exceptional customer experiences. This partnership will bring advanced payment solutions to our platform, enhancing the way financial institutions manage and execute transactions.
Together, we drive innovation, accelerate growth, amplify our impact, and strengthen our competitive edge. With the partnership, Accelera will support NayaOne’s mission to drive bank fintech partnerships.
Naga Adapala
Co-Founder, Accelera
We welcome Accelera to the NayaOne Tech Marketplace. This partnership marks the next step towards enhancing the efficiency and security of payment processes for financial institutions. FIs are enabled to Accelerate ISO 20022 compliance with minimal effort using Comply - an add-on over their existing payment infrastructure.
Varun Resh
Marketplace Manager, NayaOne
The banking industry faces significant challenges in meeting the rising demand for faster payments and compliance with emerging standards. With the impending ISO 20022 compliance deadline in March 2025, many banks are struggling with disjointed payment systems, high modernisation costs, and legacy systems. Over a third of bankers anticipate missing the deadline due to these issues. Accelera addresses these challenges by offering solutions that streamline payment processes and ensure timely compliance with ISO 20022, crucial for instant payments and modernising financial operations.
Key Features and Benefits
Accelera offers a range of benefits and features that are essential for banks and financial institutions seeking to modernise their payment systems:
- Accelerated ISO 20022 Compliance: Simplify compliance with minimal effort through Comply add-on, designed to integrate seamlessly with existing payment infrastructure.
- Plug-n-Play Implementation: Easy integration without disrupting current systems.
- Payment Format Agnostic: Compatible with various payment formats, supporting both bulk and real-time processing.
- Minimised Errors: Enhances accuracy in transactions and reduces operational risks.
- Built-in Support for Future Updates: Adaptable to future changes and innovations in payment standards.
Highlights of the NayaOne Partnership
This partnership with NayaOne lets financial institutions access Accelera’s payment modernisation solutions through our digital sandbox and tech marketplace. The tech provider aims to provide smoother, safer, and more cost-effective transaction options. This collaboration will drive payment innovations, expand our global reach, and make technology adoption easier, creating synergies that boost corporate innovation for financial institutions.
At Accelera, we are dedicated to empowering financial institutions to accelerate their payments modernisation, future-proof operations, and deliver exceptional customer experiences. Our leadership team brings together over five decades of experience in the financial services industry, having held executive roles across Product, Technology, and Operations. Our collective expertise spans commercial, consumer, and private banking, as well as asset and wealth management. Throughout our careers, we have led numerous transformative initiatives, driving innovation and growth in each sector. Our leadership team has been successful in the delivery of six major mergers and acquisitions, including the historic merger between Wells Fargo and Wachovia, the largest in financial services history. This accomplishment highlights our capability to manage complex transformations and create substantial value for our clients.