15 December 2017
visit www.aciworldwide.com

Mid-Atlantic Corporate Federal CU selects Fundtech ACH software

19 May 2008  |  1798 views  |  0 Source: Fundtech

Fundtech (NASDAQ: FNDT), a market leader in corporate banking solutions around the world, today announced the sale of its OrigiNET ACH origination software to Mid-Atlantic Corporate Federal Credit Union.

Mid-Atlantic will be able to more efficiently process ACH transactions, as well as offer its clients many tailored automated features.

Mid-Atlantic's client base of 250 credit unions, which are using ACH origination services, will benefit from OrigiNET's new technology in several ways. As a web-based system, it offers a familiar and easy-to-use interface. Easy customer set-up will reduce the time and effort needed to establish new accounts. Additionally, OrigiNET's automated features will simplify transaction processing, improving accuracy and efficiency.

According to Drew Kishbaugh, Mid-Atlantic SVP of payment services: "With the volume of ACH transactions steadily increasing, and the expansion of business services offered by our members, we need a system that's efficient and scalable as well as easy to set-up and use day to day. OrigiNET will lower our operating costs, while providing our clients with an easy-to-use interface that's feature-rich."

According to Brian Jou, Fundtech's executive vice president of global products: "Mid-Atlantic has many unique requirements due to their client base. We are delighted that they have chosen Fundtech's OrigiNET to meet the challenges posed by growing ACH volumes and increasing complexity of the ACH processing business."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.thomsonreuters.infovisit www.niceactimize.comvisit www.response.ncr.com

Top topics

Most viewed Most shared
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
10197 views comments | 16 tweets | 25 linkedin
satelliteRipple completes XRP Lockup
9352 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
8946 views comments | 17 tweets | 36 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
7593 views comments | 20 tweets | 11 linkedin
Australian Government amends AML rules to cover digital currenciesAustralian Government amends AML rules to...
7222 views comments | 15 tweets | 24 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job