Frankfurt-base Software AG (SAG) has inked NJ-based PayCommerce to use SAG’s Digital Business Platform to expand its world-class cross-border payments network. The global payments pro faster and more secure payment solutions: business-to-business (B2B), business-to-consumer (B2C), consumer-to-business (C2B) and global disbursements and collections.
Software AG’s Digital Business Platform is a service-oriented, event-driven and API-capable development environment with many ready-to-use application services, including webMethods and Apama Big Data streaming analytics. webMethods supports the development of integration and process services and connects all of PayCommerce’s applications and systems while Apama enables PayCommerce analysts to monitor, analyze, and act on fraudulent or abnormal behavior before any harm is done.
PayCommerce provides an enterprise payment hub and global network that enables cross-border payments to and from 72 countries, transacting in 80+ currencies.
PayCommerce is the only managed, open cross-border payments network that enables both disbursements and collections transactions through a single point of connectivity for members. Members include: banks, financial institutions, global corporates and alternate channel providers.
Building on over 45 years of customer-centric innovation, Software AG is ranked a leader in many innovative IT categories. Software AG has more than 4,400 employees in 70 countries and had total revenues of €858 million in 2014.
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