Fundtech

59 results about this entity

Period: 28 Sep 2004 - 12 Oct 2015

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Thomson Reuters and EDB drag Finextra50 down 3.1%

Thomson Reuters and EDB drag Finextra50 down 3.1%

Led by major falls for Thomson Reuters, Bravura and EDB, the Finextra50 Financial Technology Index closed Friday at 84.8, down 3.1% for the week.

Royal Bank of Scotland selects Accountis for e-invoicing

Royal Bank of Scotland selects Accountis for e-invoicing

The Royal Bank of Scotland (RBS) is implementing technology from Fundtech-subsidiary Accountis to provide bank-branded electronic invoicing services to its corporate customers.

Finextra50 up 1.2% led by ChoicePoint and Microgen

Finextra50 up 1.2% led by ChoicePoint and Microgen

The Finextra50 Financial Technology Index closed up 1.2% to 86.91 last week as Reed Elsevier's planned acquisition of ChoicePoint saw the latter's stock rise by 41%, while lower than expected quarterly results and outlook from Vasco Data Security saw its stock hit a 52 week low.

Fundtech acquires EIPP outfit Accountis

Fundtech acquires EIPP outfit Accountis

US financial technology vendor Fundtech has acquired Accountis, a UK provider of electronic invoice presentment and payment (EIPP) systems, for a total consideration of £5.8 million in cash.

Finextra50 starts year with record low

Finextra50 starts year with record low

Led by big falls for Fundtech and ACI Worldwide, the Finextra50 Financial Technology Index fell 4.31% by the end of the year's first week, reaching 91.24. Few companies saw any gains in a depressed start for most markets worldwide, but Gresham Computing did see a bounce back after a recent slump, while FirstSource and Nucleus Software in India also rose.

Barclays to step up focus on liquidity management

Barclays to step up focus on liquidity management

Barclays has selected a liquidity management system from payments provider Fundtech as part of its efforts to improve the monitoring of its cash flows and in preparation for the introduction of the Single Euro Payments Area (Sepa) and Target2 Securities (T2S) initiatives.

Citi and Fundtech team up for cross-border payments

Citi and Fundtech team up for cross-border payments

Citi Global Transaction Services has signed a reciprocal deal with EFT vendor Fundtech designed to streamline international funds transfer processing for correspondent banks.

Fundtech buys Germany's Prang; posts flat Q4 earnings

Fundtech buys Germany's Prang; posts flat Q4 earnings

US e-payment processor Fundtech has acquired Prang, a Frankfurt-based provider of payments software, for a maximum consideration of EUR8 million in cash.

Gresham hires Dave Deller to spearhead RTN sales drive

Gresham hires Dave Deller to spearhead RTN sales drive

Gresham Computing has hired Dave Deller, the former managing director of Fundtech UK, to take on its European business operations and spearhead the firm's promotion of Real Time Nostro services to the correspondent banking commmunity.

Fundtech to buy securities STP vendor Radius Partners

Fundtech to buy securities STP vendor Radius Partners

US financial technology vendor Fundtech has entered into a definitive agreement to acquire Radius Partners, a Massachusetts-based provider of straight-through processing (STP) software to the securities industry. Financial terms of the deal were not disclosed.

Fundtech to provide Swift access to BT Radianz customers

Fundtech to provide Swift access to BT Radianz customers

US fintech vendor Fundtech is to provide customers of BT Radianz with access to secure Swift processing via its Swift ServiceBureau.

Wachovia licenses Fundtech payments hub

Wachovia licenses Fundtech payments hub

Wachovia has licensed OmniPay, Fundtech's payments hub system, to simplify the way it processes low value international payments.

Fundtech launches TransactCentral corporate e-banking system in Europe

Fundtech launches TransactCentral corporate e-banking system in Europe

US fintech firm Fundtech has launched TransactCentral, a J2EE component-based development platform for corporate e-banking, in the European market.

Fundtech revenues rise

Fundtech revenues rise

US payments systems vendor Fundtech is reporting a 23% rise in revenues for the year ending 31 December 2004.

Fundtech sees HSBC deal as spur to growth

Fundtech sees HSBC deal as spur to growth

HSBC Bank is to consolidate its retail and wholesale payments processing worldwide on Fundtech's Global PayPlus platform. News of the deal comes as the vendor provides guidance for 18-21% revenue growth over 2005 and calls for higher profits.

EPN introduces remittance standard for B2B payments

EPN introduces remittance standard for B2B payments

The Electronic Payments Network's (EPN) is introducing a minimum remittance information standard which it claims will dramatically improve straight-through processing (STP) for business-to-business (B2B) payments.

Fundtech buys India's CashTech Solutions

Fundtech buys India's CashTech Solutions

Payments technology vendor Fundtech has signed a definitive agreement to acquire CashTech Solutions, a provider of cash management and electronic banking software located in Pune, India.

Fundtech launches CLS managed service for settlement members

Fundtech launches CLS managed service for settlement members

Fundtech, a provider of payments, cash management and settlement software and services, has launched a CLS managed service on an application service provider (ASP) model.

Fundtech launches SwiftNet service bureau in the US

Fundtech launches SwiftNet service bureau in the US

Payments technology vendor Fundtech is launching its SwiftNet ServiceBureau - which provides financial firms with outsourced SwiftNet services - in the US.

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