Under the agreement, four of the six banks are set to use Global PAYplus - Services Platform for their Immediate Payments G3 deployment. GPP-SP is a SOA (Service Oriented Architecture) Payments Services Hub which delivers STP (Straight Through Processing) automation.
Fundtech provides a range of services to banks and corporations including payments and liquidity management, cash management, financial messaging, electronic invoice presentment, supply chain financing, remote deposit capture, merchant services as well as credit card gateway products and mobile banking products.
In recent news, IVR Technology Group, a provider of Interactive Voice Response (IVR) and text messaging service, has entered an agreement with Fundtech, a global provider of transaction banking services, to add payment services to pay-by-phone virtual terminal.
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