VSoft and Payveris Expand Partnership, Integrate Payment Solution Into Latest IRIS(TM) Omni-Channel Banking Platform
ROCKY HILL, Conn. and ATLANTA, Sept. 29, 2015 (GLOBE NEWSWIRE) -- VSoft Corporation, a global provider of information and technology solutions for financial institutions, and Payveris, a multi-channel provider of next generation digital payment solutions, announce today that they are expanding an existing strategic partnership to integrate Payveris'
payment solutions into VSoft's new IRIS(TM) Omni-Channel platform.
Currently integrated with VSoft's next-generation CoreSoft(TM) core processing system, Payveris' platform will be used as IRIS' payments engine. Through this strategic partnership, VSoft will offer its financial institution clients a true omni-channel digital banking solution with user-friendly digital payment functionality.
"VSoft is one of the few providers in the marketplace today that offers a true omni-channel financial services platform," said Jeff Weikert, president of Payveris. "The IRIS solution expands beyond mobile and online banking channels to create a consistent customer experience. As the financial technology landscape continues to evolve, VSoft provides the true innovation financial institutions need to keep pace with constant change. We're excited to expand our relationship with VSoft and together we will deliver a powerful solution that enables financial institutions of all sizes to differentiate themselves and better meet the needs of today's consumers."
Multi-device banking has become the new normal, and to remain relevant, banks and credit unions must invest in a digital banking platform with a fully integrated payment solution that is device agnostic and features a responsive design. IRIS streamlines multiple banking channels under a single access point while eliminating the need for separate products such as internet banking, tablet banking and mobile banking. Payveris' highly secure digital payments offering capitalizes on the value of a single unified platform.
"The vast growth in electronic and mobile payments coupled with the fact that Millennials - the most tech-savvy generation in history - are shaping consumer expectations, financial institutions are under substantial pressure to deliver a modern, omni-channel experience,"
said Murthy Veeraghanta, chairman and CEO of VSoft Corporation. "When it comes to payments, Payveris' innovative approach is leading the way.
By expanding our partnership with Payveris, we're bringing innovation to the forefront of the industry and empowering financial institutions to provide their customers with a total digital banking platform that includes a fully integrated payments engine."
About VSoft Corporation
VSoft Corporation offers platform-based services for the banking, financial services and insurance (BFSI) industry. Its core, payment and omni-channel banking solutions reduce cost and maximize efficiency while providing seamless, real-time, high-volume and high-performance transactions across multiple channels. The VSoft platform can be delivered in-house, or as an outsourced ASP or SaaS model to best meet the needs of individual financial institutions. VSoft's services have been trusted by more than 2,600 financial institutions worldwide. For more information, please contact Rebekah Youngers at 770.840.0097, or visit www.vsoftcorp.com, or follow them on Twitter @VSoft_Corp.
About Payveris, LLC
Payveris is a proven next generation provider of digital payment solutions with a focus on keeping financial institutions at the heart of the digital payments ecosystem. Payveris' single integrated platform offers full service multi-channel online and mobile bill pay, P2P money movement and interbank transfer solutions for financial institutions, service providers and merchants. The company's secure cloud-based platform, advanced technologies and full suite of APIs enable our partners and financial institutions to deliver a more flexible, cost effective, secure, integrated and customized solution. Payveris'
innovative digital payments platform combined with its "white label"
business model offers core processors, online and mobile banking providers and other providers of remote banking services a powerful solution for their financial services clients.
CONTACT: Marvin (Mickey) Goldwasser