Alacriti has announced that its Orbipay Payments Hub has achieved Silver Medalist status in the Product Development category at the 2026 Datos Impact Awards in Commercial Banking. The award highlights Alacriti's commitment to advancing modern payment technology.
Read More
The Orbipay Payments Hub is recognized for streamlining payment processing for banks and credit unions via a single, cloud-based, API-first platform. This allows institutions to efficiently manage multiple payment types, including ACH, wires, instant payments, Zelle®, Visa Direct, cross-border payments, and new digital currencies such as stablecoins, all through one interface. By integrating with existing core and digital banking systems, the Orbipay Payments Hub facilitates modernization without necessitating the replacement of current infrastructure.
More than 100 financial institutions rely on the Orbipay Payments Hub, benefiting from Alacriti’s expertise in payment technology, implementation, and ongoing support. Alacriti boasts a 98% client retention rate, underscoring the trust institutions place in their solutions.
Praveen Vinnakota, Senior Vice President and payments platform lead at Alacriti, stated, "Financial institutions are being asked to support more payment types, operate in real time, and innovate faster, often while relying on infrastructure that was not built for today's payment environment. Orbipay Payments Hub gives banks and credit unions a practical way to gradually modernize and improve their user experience while building a foundation for what comes next. We’re honored to have that approach recognized by Datos Insights."
In addition to connecting payment rails, the Orbipay Payments Hub features payment orchestration and smart routing capabilities, enabling institutions to manage and automate payment flows based on configurable business rules. Its centralized infrastructure improves fraud prevention, compliance, reconciliation, risk management, reporting, and customer support across various payment channels. Datos Insights praised the incremental approach of the Orbipay Payments Hub, allowing financial institutions to start with one payment rail and expand their capabilities over time while continuing to use their existing technology.