Magic-Wrighter News


October 2024


www.magicwrighter.com

PAYMENT TOOLS FOR BUSINESS CLIENTS

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Growth. Accessibility. Value-Added Solutions.

Put your business banking on the fast track! Launching a successful business services platform doesn’t need to be an intimidating endeavor. Let our expert teams show you how to get started offering best-in-class solutions that benefit both your institution and commercial clients.


Magic-Wrighter delivers a competitive suite of business-class ACH origination, Remote Deposit Capture, and Payment Platforms to complement your commercial services. With effortless client onboarding and first-rate training and support, Magic-Wrighter is your proven business banking partner.


The Magic-Wrighter Partnership

  • Grow your business relationship offerings and increase account retention.
  • Learn about our best practices guidelines, pricing strategies, and sales support.
  • Take advantage of revenue opportunities and flexible billing models.
  • Generous monitoring features and risk controls that are configurable by your institution.
  • White-labeled branding and marketing support to help launch each business solution.


Discover how Magic-Wrighter can help you start or enhance your business solutions today! Give us a call at 866.770.5856 or email us.

NEW FINANCIAL INSTITUTION PARTNERS

FEATURED SOLUTION ~ LoanPay Xpress

What is LoanPay Xpress?


LoanPay Xpress delivers an all-in-one, multichannel, mobile-optimized platform for payment acceptance. You can provide borrowers of all types with a quick and easy method for making their loan payments from any outside checking/savings account or credit/debit card. Reduce paper check handling, increase on-time payments, decrease your in-bound call volume, and automate your back-end ACH payment posting. All payments post directly to the individual loan account via ACH as early as the next business day, eliminating the need for manually posting credit. As an alternative, a daily payments file can be imported to your core system for manual posting of same-day credit. Read more about LPX!


What types of loans can be serviced through LoanPay Xpress?

Auto Loans • Personal Loans • Boat, RV, Motorcycle • Credit Card Accounts • Mortgages (P&I Only) • HELOCS • Lines of Credit • Commercial Loans


Contact us to get started!

FUTURE FEATURES ~ Stay Tuned!

  • Text Message Payment Reminders
  • FedNow Real Time Payments
  • Online Banking SSO's & Enhanced API Integrations
  • New IVR (Touch Tone Phone)

The office will be closed on:

Thanksgiving Day, Thursday, November 28th and

Christmas Day, Wednesday, December 25th

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.

COMPLIANCE CORNER

Nacha Operating Rules


Nacha Operating Rules are the foundation for ACH payments. By defining the roles and responsibilities of financial institutions and establishing clear guidelines for Network participants, the Rules ensure millions of payments occur smoothly and easily daily. All Rules are displayed by effective date. Access complementary new rules recording.

Four Great Benefits of Digital Wallets published by SWIVEL an SWBC company


Have you gone digital, yet?

Digital wallets are on the rise — and for good reason! Store all your information in one easy-to-access spot, granting you convenience, security, and efficiency.



Still on the fence? Check out our latest blog to learn about “4 Great Benefits of Digital Wallets (& How Apple Pay® Can Help)”!

Read it here.

NEW MWI STAFF

We welcome three new staff members to the Software Development Team:

Nathan Allvin, Curt Brink & Shahbazz Singh

sales@magicwrighter.com