Latest Fundtech News: Finextra Research

First American Bank improves cash management with Fundtech system

First American Bank has selected Fundtech's cash management package to automate its fund transfer processing.

18 December 2001

FNBB chooses Fundtech for cash management

US-based First National Banker's Bank (FNBB) has selected the Fundtech Banker cash management solution as the foundation of its new intranet for customer banks.

29 November 2001

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Rabobank Nederland chooses Fundtech CLS package

Rabobank Nederland has selected Fundtech's PAYplus for CLS software package for settling foreign exchange trades via Continuous Linked Settlement (CLS).

13 November 2001

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Bank Julius Baer selects Fundtech for treasury management

Switzerland-based Bank Julius Baer has selected Fundtech's Nostroplus and Reconstar software to automate the process of monitoring its correspondent accounts and actively managing its liquidity.

07 November 2001

/regulation

Dexia selects Fundtech CLS package

Dexia Banque Internationale a Luxembourg (Dexia BIL) has selected Fundtech's PAYplus CLS software to facilitate the settlement of foreign exchange trades via Continuous Linked Settlement (CLS).

30 October 2001

/Sibos

Fundtech automates Eurobank payments operation

EFG Eurobank Ergasias, the third largest private-sector bank in Greece, has licensed Fundtech's PAYplus RTGS platform to automate its payment operations for more than 330 branches and 8000 employees.

24 October 2001

/payments

Fundtech joins HP partner programme

New Jersey-based cash management vendor Fundtech has joined Hewlett-Packard's hardware partner programme for electronic payments.

16 October 2001

/Sibos

Fundtech revenues hit by CLS delay and US attacks

Fundtech, a supplier of global payments and cash management solutions, is revising its revenue forceasts for the third quarter, as a result of deals that were delayed in the aftermath of the 11 September attacks, and several CLS contracts that were pushed-out after the Continuous Link Settlement Bank announced the delay of the go-live date until the second quarter of 2002.

11 October 2001

/regulation

Credit Agricole signs for Fundtech CLS package

Credit Agricole is to implement Fundtech's PAYplus CLS (Continuous Linked Settlement) solution for foreign exchange trading and settlement.

05 September 2001

/payments

Manufacturer's Web-enables cash management with Fundtech

Sakura Bank's Los Angeles-based subsidiary Manufacturer's Bank is using technology from Fundtech to provide e-commerce and Internet-based cash management services to its corporate customers.

03 May 2001

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Fundtech claims seven ASP customers in first six months

Payments solutions provider Fundtech reports it has signed seven financial institutions to use its Fundtech Connect application service provider (ASP) since launching the service in November 2000.

27 April 2001

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First Union selects Fundtech for unified cash management

First Union Corporation has selected Fundtech's Global Access.pro solution to serve as the foundation for its next generation global cash management platform.

09 April 2001

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