“Can a Fed-connected correspondent payments platform remain the default rails for community banks and credit unions as instant payments (FedNow/RTP) reshape the U.S. clearing landscape?”
Founded in 2000 by community bankers to provide online payment software tailored to community banks and credit unions. Pioneered the 'Correspondent Gateway' — a multi-tier platform connecting community banks, correspondent banks and the Federal Reserve. Now operates as a subsidiary of Velera, the credit union service organization (formerly PSCU/Co-op Solutions).
Juniper Payments processes payments through Juniper Correspondent Gateway (self-operated) and JuniFunds (self-operated). Disclosed money-movement rails: ACH and FedNow.
Juniper Payments uses Federal Reserve FedGlobal (direct connection) for FX and cross-border payouts.
The Embedded Finance Index 2026 maps 3 layers in Juniper Payments's stack: Payments / PSP (Juniper Correspondent Gateway (self-operated) and JuniFunds (self-operated)); Money movement (ACH and FedNow); FX & payouts (Federal Reserve FedGlobal (direct connection)).
Juniper Payments is founded in 2000 and headquartered in Wichita, Kansas, United States.
Get a read on where your own stack stands against Juniper Payments and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.