Polaris Software (POLS.BO), a leading Financial Technology company, announced that Elavon a wholly-owned subsidiary of U.S. Bancorp (NYSE: USB) and a leading global payments provider, has gone live on Intellect Global Universal Banking (GUB) - Business Process Studio.
Elavon has streamlined the core business processes of merchant boarding, credit card acceptance, vouchers and chargeback processing to provide best of services for its 1 million and more merchant customers.
G. Schomburg, SVP Systems and Technology, Elavon, said "Being a leading global payments processing company, we constantly strive to enhance our merchants' experience and their satisfaction levels. We chose Intellect Business Process Studio for its complete imaging and workflow capabilities. We are very pleased with the successful rollout in Europe."
Commenting on the implementation, Bikash Mathur, CEO, Polaris EMEA, said "We are pleased that Elavon has chosen Intellect to strengthen its merchant acquiring services. Intellect Business Process Studio is a state-of-the-art process automation solution that enables automation of complex business processes along with the reduction in transaction processing costs, turn-around-time and risks associated with manual handling of paper based transactions. The customized solution delivery can be achieved with zero code change and high ROI."