Quarterly Newsletter



Published December 2023

NEW SOLUTIONS AVAILABLE

Xtend partners with Magic-Wrighter to offer LoanPay Xpress


Magic-Wrighter recently partnered with Xtend to offer LoanPay Xpress. Take a few moments to read the full Press Release.


Founded in 2002, Xtend was imagined and created in Grand Rapids. They function as a shared resource for over 350 credit unions across the United States. Xtend offers a wide range of products and services that reach 1.2 million members and $13 billion in assets from certain departments: Communications, Data Analytics, Contact Center, Bookkeeping, and Xtend Shared Branching.

 

Learn more about Xtend by visiting their website.

Magic-Wrighter partners with Verafin


An industry pioneer in anti-financial crime management solutions, with a mission to create the world’s most effective crime-fighting network. As a Nasdaq company, Verafin extends its capabilities to service a global ecosystem of Tier-1 and Tier-2 banks, as well as regulatory authorities and consortium initiatives.

 

Magic Wrighter has multiple Integrations with Verafin and our mutual financial institution clients where MWI will drop copies of the ACH files and or Cashletter (Check Image) that we send to the Federal Reserve Bank on behalf of our customers. Verafin will ingest these files into their systems to help the financial institutions in ACH and Check process monitoring to help mitigate fraud and risk.


For more information on Verafin, take a look at their website.

HOLIDAY HOURS


The office will be closed on:



  • Christmas Day, Monday, December 25th and
  • New Year's Day, Monday, January 1, 2024


During the holiday season, as we reflect on the good things we have, we think of valuable clients like you. We appreciate what a pleasure it is to work with you, and hope that the holidays and the coming year will bring you happiness and success.

WELCOME NEW FINANCIAL INSTITUTIONS!

MAKING PLANS FOR FEDNOW?


Magic-Wrighter continues to improve and invest into our solutions so we can better serve you. How is your institution planning to utilize FedNow or faster payments? We would love to hear about your ideas and any use-cases that would help your institution.


Feel free to contact us at Sales@magicwrighter.com.

NEW ENHANCEMENTS COMING IN 2024!


Text Notifications & Reminders for LoanPay Xpress


ACH Direct fresh user experience with mobile optimization


Faster Payments via FedNow


New IVR system for payments and authenticating secure files


More Integrated API partnerships & SSO connections

ACH Direct Tips


Magic-Wrighter has seen a significant increase in demand for ACH processing from both financial institutions and their business clients.


We are reaching out and offering some helpful tips. We hope you find these beneficial.

Are you or your technology partners seeking new opportunities in the payments processing space?

 

Magic-Wrighter is always looking for new and innovative ways to enhance partnerships. Integrated payment processing has rapidly become the most sought after solution for adding value to existing platforms. Breathe new life into your online banking, loan servicing, new account funding, indirect lending and more. Inquire today!

Keep up with all the Information and resources to support safe and sound financial institution practices from the FDIC-

Supervisory Resources for Banking Professionals.

Our 5-Star Customer Relations Team is available Monday through Friday 8am to 5pm (EST) to answer your questions and address your concerns through email or by phone 866.770.5856.

sales@magicwrighter.com ~ 866.770.5856 ~ www.magicwrighter.com