Combining CASHplus(TM) and PAYplus(TM) USA Offers Seamless Operation, Efficiencies and Superior Client Services
Fundtech Ltd. (NASDAQ: FNDT), a leading provider of payments, cash management and settlement software and services, announced that they are experiencing increased interest among clients in purchasing their end-to-end solution, combining its CASHplus and PAYplus USA products.
Together, these solutions deliver a seamless flow of banking data between the corporate client's desktop browser, the bank and the Federal Reserve, with immediate notifications back to all parties. Banks and their clients are benefiting from faster payment executions and advising, while delivering superior straight through processing efficiencies.
Recent banks purchasing this end-to-end solution are: First Charter Bank, based in North Carolina, Hudson Valley Bank and Signature Bank, based in New York, Woodforest National Bank and Texas Capital Bank based in Texas, Colorado Business Bank, based in Colorado, and NetBank, based in Georgia. These banks benefit from a single vendor solution that includes coordinated technical support, synchronized updates and upgrades.
Mike Sgroe, Chief Operating Officer, Fundtech said: "Fundtech's clients are benefiting from combining their cash management and payments systems to deliver superior service to their corporate clients. We see this trend continuing as banks seek to expand the services they provide and the speed with which they provide it."