NEW YORK, N.Y. — Narmi, a leader in digital banking, has achieved certification for sending payments through the FedNow Service, the Federal Reserve’s instant payment infrastructure. This milestone comes just three months after receiving certification, making Narmi one of the top digital banking providers with full FedNow capabilities.
“This marks a significant advancement for our company,” said Chris Griffin, Co-Founder of Narmi. “Being certified for both Send and Receive on FedNow strengthens our ability to offer comprehensive instant payments, elevating the digital banking experience for our customers and their users.”
FedNow allows financial institutions to enable 24/7 instant payments, ensuring users can send and receive money anytime. Narmi’s integration with FedNow strengthens its digital banking platform and opens the door for incorporating instant payments across a range of products.
The certification required rigorous testing to ensure Narmi’s platform could process ISO® 20022 messages in real time, providing seamless round-the-clock support for instant payments.
By centralizing FedNow, ACH, and Wire payments within its Admin Platform, Narmi simplifies payment management for financial institutions, streamlining workflows and boosting efficiency.
About Narmi
Based in New York City, Narmi empowers financial institutions to leverage cutting-edge digital banking and account-opening solutions. The platform delivers an effortless, modern user experience, driving rapid growth for clients. Narmi’s clients have seen up to 3x account growth in 30 days and 4x deposit growth in 90 days. Learn more at www.narmi.com.
