Community financial institutions are under constant pressure to provide business clients with more granular control over how and how fast money moves. While bulk payment functionality has become a baseline requirement, the ability to introduce speed into these high-volume workflows has become foundational to the business banking landscape as well. Narmi’s Expedited Payments feature modernizes disbursements by allowing businesses to guarantee the right speed for every situation, all within a single, streamlined flow.
By integrating Standard ACH, Same-Day ACH, and instant FedNow into one system, Narmi Banking aims to help institutions meet the urgent needs of their business customers without increasing operational complexity.
Previously, high-volume payments have often been tethered to traditional batch-based ACH timelines. If a business faced an urgent deadline, such as a last-minute payroll or vendor invoice, they were often forced to rely on costly, manual wires to get the job done.
Expedited Bulk Payments eliminates this friction. Businesses can now execute hundreds of payments at once, while simultaneously allowing users to send time-sensitive payments faster. Whether it’s an instant transfer via FedNow or a faster arrival through Same-Day ACH, speed is now a built-in option rather than a separate and manual workaround, ensuring that payments get delivered at the right time – whether that is on a scheduled date for future payments or immediately for urgent payments.
Additionally, Narmi’s dual-approval workflow is uniquely designed to provide complete transparency into payment speed at the moment of authorization. Whether a transaction is routed via FedNow for instant settlement or automatically shifted to Same-Day ACH based on network availability, the approver sees the specific delivery timeline as part of the approval request. By seamlessly incorporating this 'speed context' into the dual-approval step, your institution empowers staff to make informed, risk-aware decisions without leaving the existing workflow.
Building a competitive business banking offering should not mean overwhelming users with complex new setups. Therefore, Narmi embeds speed selection directly into the existing bulk payment flow. In the banking dashboard, users simply see a “Speed” column where options are contextually presented based on the recipient’s eligibility and the requested payment date.
This simple, intuitive experience allows businesses to:
As faster payments have increasingly become a market expectation, community financial institutions that support only a single speed risk falling behind. By combining industry-standard ACH with the innovation of instant FedNow support, Narmi provides a foundation that prioritizes control and urgency. The result is a more durable business banking suite that empowers your commercial members to avoid late fees, manage payroll with confidence, and retain their competitive edge in a real-time economy.
