Allied Payment Was Ready for Open Banking, & Here’s What They Have to Say w/ Ralph Marcuccilli & Kelli Schultz
Allied Payment Was Ready for Open Banking, & Here’s What They Have to Say w/ Ralph Marcuccilli & Kelli Schultz

Allied Payment Was Ready for Open Banking, & Here’s What They Have to Say w/ Ralph Marcuccilli & Kelli Schultz

brook Solomon

35 min
Business & Finance
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<p><span style="font-weight: 400;">Open banking actually serves smaller financial institutions, like credit unions and community banks, more than anyone else … they just need to know the value.</span></p> <p><span style="font-weight: 400;">That’s why we invited banking experts</span> <a href= "https://www.linkedin.com/in/ralphmarcuccilli/"><span style= "font-weight: 400;">Ralph Marcuccilli</span></a> <span style= "font-weight: 400;">&</span> <a href= "https://www.linkedin.com/in/kellischultz3/"><span style= "font-weight: 400;">Kelli Schultz</span></a> <span style= "font-weight: 400;">on this episode of the Payments Innovation podcast. They explain the ins and outs of open banking, and what it can mean for smaller financial institutions.</span></p> <p><span style="font-weight: 400;">Ralph was a 20-year veteran of the banking industry, and, in 2010, he founded</span> <a href= "http://www.alliedpayment.com/"><span style= "font-weight: 400;">Allied Payment</span></a><span style= "font-weight: 400;">, where Kelli is now the President. She comes from 2 decades of experience in and around the networks surrounding banking platforms.</span></p> <p><span style="font-weight: 400;">What we talked about:</span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">Open banking: the answer for smaller financial institutions</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Open banking can serve businesses</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Allied’s next product: real-time bank payments</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Community banks, fintech, and credit unions</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why Allied was well-positioned for open banking</span></li> <li style="list-style: none; display: inline"> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">1) ‘Allied was born in the cloud’</span></li> <li style="font-weight: 400;"><span style="font-weight:

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