Six people, most of them former community bank operations staff.
We hire people who've had to explain a settlement delay to a customer, not just people who can read a payment specification.
Eleven years in community bank payment operations before founding FMI in 2018. Still reviews every new client's core system assessment personally.
Leads FedNow and RTP integration work across every active client, and has overseen certification for institutions ranging from single-branch banks to multi-state credit unions.
Designs the liquidity management and intraday funding processes every client tests before go-live. Previously managed treasury operations at a regional bank.
Keeps engagements aligned with Federal Reserve and NCUA expectations as instant payment regulation continues to evolve.
Manages sponsor bank relationships and is usually the first call when a client is deciding between direct connectivity and a correspondent arrangement.
Builds and maintains the message mapping that translates core banking data into FedNow- and RTP-compliant formats.
Curious what this team has learned connecting community banks to instant rails? Read The Rail, or get in touch directly.