Fundtech Enhances Its Flagship Payment Services Hub Solution Making it Simpler and Faster

Published 

–        Enhancements to Global PAYplus make the solution configurable, flexible, and customer-focused

NEW YORK – Fundtech, a market leader in global transaction banking solutions, today announces significant enhancements to its global payment services hub solution, Global PAYplus. The enhancements include new business capabilities, and improved usability and performance. These new developments reflect Fundtech’s ongoing commitment to ensuring the solution is configurable, flexible, and customer-focused, allowing customers to save time, reduce errors, improve business decision-making, and reduce costs.

Global PAYplus’ new user interface can be customized to be task-specific, helping users to prioritize and focus only on those things that require their attention, enabling work load to be optimized and streamlined, and helping payments to move more quickly. ‘Google-like’ search capabilities allow users to simply type in what they are looking for without the need to specify the message fields that should be searched, which enables searches to be more intuitive, quick and flexible.

A new reporting module enables data to be optimized for analysis, so that users can easily access their favorite tools and identify anomalies, find root causes, improve performance, and identify new business opportunities, allowing business decisions to be made quickly, effectively, and strategically. A new layered solution architecture means that new business products can be introduced quickly and easily, reducing time- to- value and testing costs, and ensuring that projects—including adding new payment types, geographies or capabilities—to be easily run in parallel, without impacting one another or the system core.  Fundtech regularly certifies its product to run on the most up-to-date infrastructure software versions; a recent upgrade produced a 25% increase in performance, enabling users to effectively ‘do more with less’.

“As payments become more complex, spanning multiple payment methods and currencies, payments technology must reduce the burdens and risks placed on payers and payees,” says CEB TowerGroup research director Andy Schmidt. “Payments platforms that provide leading edge capabilities along with intuitive interfaces will help professionals seeking the most user-friendly and efficient way to execute and receive payments.”

“With more payments customers around the world than any other payments solution provider, Fundtech is committed to meeting the needs of its customers,” says Isaac Yaniv, Executive Vice President of Global Payments, at Fundtech. “We continue to add new business capabilities, and improve usability and performance, saving customers time and money, but also gaining performance advantages and business insights.”

Most recent episodes

40th Annual New York Cash Exchange: What Can Treasurers Expect?

Ahead of the 40th annual New York Cash Exchange, two of TMANY’s distinguished board members, David Miller and Timothy T. Hesler, CTP, provide TMI CEO, Robin Page, with a quickfire rundown of what attendees can expect from this year’s conference. Our guests share their aspirations for the event,...

00:00

Expectation-Beating Inflation Prints Ratchet Up Pressure on Monetary Policy

Welcome to the third edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 9th May...

04:48

Making the Sustainable Transition: A Roadmap to ESG in Treasury

Over the last 18 months, Societe Generale has experienced a steady increase in requests from their corporate clients to integrate ESG features in treasury management.  Louis-David Rouyer, Philippe Pougeard, and Emmanuelle Petelle (Societe Generale) provide TMI’s Eleanor Hill with a whistlestop run...

22:24

Lift Off for Fed Rate Rises

Welcome to the latest edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 5th of...

04:58

Treasury in 2022 and Beyond

Industry experts Bob Stark (Kyriba) and Sebastian di Paola (PwC) join TMI’s Editor, Eleanor Hill, to explore the very latest treasury trends – and to discuss how smart treasurers can get ahead of the game by ...

43:21

How BearingPoint Harnessed Data-Driven Forecasting with CashAnalytics and SAP

Listen back to our recent forecasting masterclass, where Group Treasurer Eveline Stam, and Conor Deegan (CashAnalytics) provided TMI’s Eleanor Hill with a comprehensive overview of how consultancy firm BearingPoint achieved company-wide cash forecasting nirvana by combining specialist solutions from...

37:14

The 3 T’s of The Future: Tech, Treasury, and Transformation

Over the past two years, an increasingly dynamic environment has not only accelerated technology development – from quantum computing to blockchain technology, and even the metaverse – but also technology adoption, bridging colleagues and breaking down silos in a remote work world. In this podcast,...

44:02

Monetary Policy Continues to Drive Markets as Ukraine Invasion Weighs on March Meetings

Welcome to the second edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 3rd of...

05:25

Tax Spotlight: How the OECD’s Two-Pillar Solution Impacts Treasury

Aaron Lee and Joseph Lee (DBS Bank) join TMI’s Eleanor Hill to discuss how the OECD’s Two-Pillar Solution aims to address the tax challenges arising from the digitalisation of the economy. Ahead of the 2023 implementation date multinational corporates will have much to consider around these reforms....

24:00

FX Connections: Bringing Transparency to Cross-Currency Payments

Cross-border activity is growing at a remarkable rate, making FX payments a hot topic for treasurers across the globe.  In this TreasuryCast episode, Eleanor Hill asks Daniela Eder and Gibran Maqsood (Barclays Corporate Banking) to provide their key action points around FX payments in 2022. Our guests...

21:00