Fundtech says Banco Popular Espaol, the third largest banking group in Spain, has chosen Fundtech’s Global PAYplus to replace its existing payment systems.
FundTech says BPE is seeking to improve its operating efficiency by increasing its process automation and by consolidating several payments systems into a single payments platform. Implementing Global PAYPlus also enables BPE to adapt to requirements for Euro processing and SWIFT messaging.
“In today’s highly competitive markets, banks must be able to offer their clients customized services with a high level of efficiency,” says Michael Sgroe, Chief Operating Officer of Fundtech Corporation. “We welcome BPE as a new client and look forward to working with them on reaching their strategic goals.”