QCR Holdings Selects Fundtech’s CASHplus® with SmartNav™
Using CASHplus, QCR will offer an enhanced and unique service to corporate customers, increasing competitive advantage and growing its customer base
Jersey City, NJ, April 16, 2013 – Fundtech, a market leader in global transaction banking solutions, today announced that QCR Holdings, Inc., a multi-bank holding company headquartered in Moline, Illinois, has signed on as the most recent customer for CASHplus® with SmartNav™. Fundtech’s CASHplus with SmartNav, a solution specifically designed for U.S. regional and national banks, goes beyond traditional dashboards to offer a personalized and predictive user experience.
Using CASHplus with SmartNav, corporations can personalize their preferences, workflow and dashboards. Users have the ability to make any type of payment and access any type of data including bank information and alerts, account information, external news and customer data, from anywhere in the application, allowing them to save time and be more productive. Using the solution, QCR will benefit from a turnkey solution that centralizes and consolidates the bank’s cash management business on a single platform.
According to Michael Wyffels, Senior Vice President and Chief Technology Officer at QCR, “Fundtech’s years of experience in cash management and innovative solutions stood out among other vendors. In offering essential functionality with a focus on the personalized user experience, CASHplus will help us to offer a unique and improved service to our customers. In doing so, we are confident that our offering will appeal to a whole new set of customers and will ultimately help us to grow our business.”
Mary Ellen Putnam, Executive Vice President of Fundtech, explains, “Banks that have been trying to run cash management businesses with legacy solutions are now realizing that if they are to remain competitive, it is imperative that they provide intuitive, online solutions that offer a superior user experience. As the leader in cash management, Fundtech is delighted to be working with QCR to help the firm achieve its strategic cash management objectives.”
Highly scalable, CASHplus can be run in-house or through Fundtech’s service bureau, delivered as software as a service (SaaS) which enables companies to reduce hardware, software and human resource requirements.
Fundtech offers a comprehensive line of transaction banking solutions to banks and corporations of all sizes around the world. As a strategic supplier, our clients benefit from lower operating costs and an enhanced end-user experience through our integrated and feature-rich solutions. Our major product lines are: global and regional payments, corporate cash and liquidity management, financial messaging, electronic invoice presentment, supply chain financing, remote deposit capture, merchant services, credit card gateway and mobile banking products. Fundtech offers its software through a traditional software license and a Software-as-a-Service (SaaS) contract. We operate Fundtech Connect, one of the world’s largest services bureaus that addresses the unique needs of the financial services industry. Thousands of financial institutions and companies worldwide rely on Fundtech’s innovation to improve operational efficiency, increase revenues, and provide greater competitiveness through business-to-business services. Founded in 1993, Fundtech was acquired in 2011 by GTCR, a Chicago-based private equity firm. For more information please visit www.fundtech.com.
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