Fundtech Ltd., a transaction banking solutions, introduces ACHplus ServiceBureau, a complete ACH (Automated Clearing House) processing solution. Banks of all sizes can now benefit from the advanced automation features of ACHplus without the need to purchase and maintain an in-house system.
ACHplus joins PAYplus(tm) USA and CASHplus(r) in Fundtech’s ServiceBureau, providing an outsourced end-to-end transaction banking service.
With the growing volume and complexity of ACH processing, banks are in need of a highly automated system that can efficiently process transactions. ACHplus ServiceBureau offers banks a highly efficient system with many automated value-added services such as validation, risk controls and customized reporting. Banks are able to confidently expand their ACH origination business, increasing their service-fee revenues.
“ACHplus has been one of the best selling systems since its introduction, and with the addition of a service bureau option, banks can now benefit from a feature-rich system that is capable of providing high-volume processing along with extensive value-added services, says Robert Coakley, Executive Vice President and head of US Payments for Fundtech. Banks who prefer not to support in-house systems are able to offer their corporate clients fast and reliable services that can be tailored to their specific needs. With a SaaS (Software as a Service) transaction-based pricing scheme and minimal up-front costs, banks are able to align their costs to maintain profitability and competitiveness.”
D.C.