Orum Connects to the Federal Reserve, Advancing U.S. Payment System

NEW YORK--(BUSINESS WIRE)--Orum, the simplest API for fast, reliable payments, today announced that it is live with FedACH and will be adding FedNow and FedWire services. The direct connection to the Federal Reserve’s payment rails as a service provider is part of Orum’s new money movement API, Deliver. The Deliver API orchestrates and optimizes money movement through Federal Reserve payment rails on behalf of banking institutions. Clearing the bar for a direct connection for payment processing