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Aptys Solutions, a payments network provider for community banks nationwide, was included in a recent independent report, “Hot Banking Tech Companies to Watch in 2010: Q2 Update” by Forrester Research, Inc.
According to Ellen Carney, senior analyst at Forrester Research, Inc., in her Hot Banking Tech Companies to Watch in 2010 Q2 update, “Aptys Solutions focuses on a bank payment niche that’s important in the day-to-day operations of community banks and credit unions: the correspondent processors that these two banking markets depend on for payments processing. The company’s PayLOGIX service provides one channel for correspondent processing all payment types—ACH, wire, cards, mobile, and messaging like Fed funds, currency orders, safekeeping, TT&L, Exceptions, Adjustments, and information management from third-party systems. The service is built on a common set of workflows that enables straight-through processing of the payment. PayLOGIX also performs least-cost routing for all payment types, improving margins in the competitive payments processing market. PayLOGIX is available as an enterprise license, hosted from Aptys SAS-70 data center, or as SaaS.”
“It is an honor to be recognized by Forrester Research, and listed among such other progressive organizations,” said Sean Pennock, president of Aptys Solutions. “As segmentation of the banking industry continues, Aptys Solutions is focused on offering correspondent banks, community banks and credit unions a simple approach to payment processing and image capture that enables them to reduce operational costs, increase revenue and provide excellent customer service.”
About Aptys Solutions
Rockwall, Texas-based Aptys Solutions provides financial institutions with a common infrastructure to support payments processing initiatives, including image exchange, ACH processing, wire processing, Federal Reserve messages, in-network exchange (INEX) payment processing and mobile payments, among others. For additional information, visit www.aptyssolutions.com.
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