ROCKWALL, Texas--(BUSINESS WIRE)--Aptys Solutions, a payments network provider for financial institutions nationwide, offering the industry's only unified platform to support all aspects of payment processing, announced today that Madison, Wisconsin-based, Bankers’ Bank, has selected Aptys Solutions to incorporate additional services into an already expansive relationship.
Bankers’ Bank extensively researched other vendors before signing with Aptys and utilizing PayLOGICS’ components such as image exchange and archive modules, ACH processing, wire processing, Federal Reserve messages, least cost routing and in-network exchange (INEX) payment processing to their File Information Report Exchange (FIRE) system.
Aptys has a long history in the payments industry and recognizes the importance of streamlined processes in the bank's payment systems; FIRE’s new technology now gives Bankers’ Bank respondent banks more control and heightened security through extensive entitlements. What’s more, client banks can now conduct straight-through wires, offering direct connection with the FED. “The rollout of FIRE provides our customers with a newfound, user-rich experience as well as a faster, more responsive, and easier to deploy system. It’s the next step in processing technology,” said Tom Papenthien, President/CEO at Bankers’ Bank.
“The personal touch in any bank is vital to everyday business and as more and more banks replace their legacy payment systems I think the industry will see just how powerful the streamlined processes can be to both the bank and its customers. PayLOGICS’ end-to-end automation enables the staff at any bank to devote more time and energy towards customer satisfaction. With fewer touch-points needed, fewer mistakes are made, and relationships with customers can flourish,” said Sean Pennock, President of Aptys Solutions.
About Bankers’ Bank
Based in Madison, WI, since 1981, Bankers’ Bank serves community-minded financial institutions of all sizes across the Midwest through support offices in the, Springfield, IL, Des Moines, IA and Indianapolis, IN areas. As an independent source of non-competing financial services, the Bank serves a market of over 800 financial institutions. For more information, visit www.bankersbankusa.com.
About Aptys Solutions
Rockwall, Texas-based Aptys Solutions provides financial institutions with a unified platform to support all methods of payment including image exchange, ACH processing, wire processing, payments archive, Federal Reserve messages, least cost routing, in-network exchange (INEX) payment processing and mobile payments, among others. By providing financial institutions with a single point of entry for all payment solutions, Aptys helps increase overall efficiencies while reducing expenses associated with managing multiple vendor relationships. For more information, visit www.aptyssolutions.com.