EFunds Corporation is partnering with IBM through the ISV Advantage for Industries Program to create new payments management applications and a Service Oriented Architecture (SOA) framework for clients of banking and financial services.
“Our clients continue to look to eFunds to help lower the operational costs of their payments businesses, and transform transaction data into actionable insight they can use to grow the profitability of their most desirable customers,” says Paul F. Walsh, chairman and CEO for eFunds Corporation. “As an IBM Banking Industry Advantage Alliance Partner, we now have a global platform for delivering the benefits of our integrated payment processing and data management software solutions. Leveraging the program helps us better integrate our solutions on standard IBM platforms, middleware and storage systems, which in turn helps our global clients run their businesses more efficiently, more cost-effectively, and more profitably.”
“Clients are facing difficult IT decisions as the changing payments landscape introduces new business opportunity and new regulatory demands on aging systems that fail to provide sufficient resiliency and flexibility,” says June Felix, general manager for IBM Banking Solutions. “We are pleased to join forces with eFunds to help clients accelerate the transformation of their payments business, drive more value from existing information assets and achieve their cost reduction and profit objectives with unmatched customer service and satisfaction.”