Real-Time Payments Implementation at ABNB Federal Credit Union

This case study details the implementation of real-time payments at ABNB Federal Credit Union, a $900 million institution serving over 80,000 members. The credit union identified the need for modernization to provide 24/7 access to funds, particularly for members relying on gig work and timely access to wages. ABNB chose Alacriti’s Orbipay Payments Hub for its integration capabilities and user-friendly interface. The implementation involved launching Send and Receive capabilities on the RTP® network and FedNow® Service, resulting in over 6,500 transactions and more than $2.4 million processed within months. The solution enhanced operational efficiency by automating risk assessments and fraud detection, allowing staff to focus on higher-value tasks. Members benefit from seamless access to funds, with significant off-hours usage noted. The credit union plans to further explore small business applications and enhance its service offerings as part of its future strategy.