Alogent Authorized by Federal Reserve to Directly Exchange X9 Check Image Files for Banks and Credit Unions
Alogent has received authorization from the Federal Reserve to directly exchange X9 check image files for banks and credit unions, eliminating the need for intermediary processors. This move positions Alogent as a core payments infrastructure provider, offering faster processing, simplified integrations, and greater operational control for financial institutions.
Tickers: $ALGT
Topics: banking financial services payments regulatory approval software