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Aptys Solutions Adds to Senior Management Team

4, Country, Priority, UNITED STATESBy Robert McKinley 04/07/2014

Aptys Solutions appointed Rose Davis to the position of senior vice president of consulting and professional services to oversee consulting and professional services to better serve their customers. Most recently, a senior vice president with Bankers’ Bank, Davis brings her extensive knowledge of banking, payments, project and risk management, compliance, and sales to her new role with Aptys. Prior to Bankers’ Bank, Davis was business development manager at the Federal Reserve Bank of Chicago where she managed account relationships with large FIs and was responsible for revenue generated from solutions offered to financial institutions.

SWACHA Partners Aptys Solutions

9, Country, Priority, UNITED STATESBy Robert McKinley 11/11/2013

SWACHA Services Corporation Electronic Payments Resource partnered Aptys Solutions as a technology provider for their automated clearing house (ACH) modules within PayLOGICS. This offers a common platform to support all aspects of payment processing, such as image exchange, ACH processing, wire processing, payments archive, Federal Reserve messages, least cost routing, in-network exchange (INEX) payment processing and mobile payments. As financial institutions (FIs) continue to face changing industry regulations, Aptys Solutions offers the ability to consolidate payment processing including an end-to-end ACH solution for originating, analyzing, processing, receiving, managing, and monitoring ACH transactions.

Mainstay Implements Aptys Payment Exchange

9, Country, Priority, UNITED STATESBy Robert McKinley 03/14/2013

Aptys Solutions payments network provider for financial institutions nationwide, offering the industry’s only unified platform to support all aspects of payment processing, announced Mainstay Group, a management consulting company whose unique expertise in revenue enhancement and cost reduction drives significant benefits for their clients in the financial industry, has chosen Aptys Solutions as their ASP payment exchange solutions provider. Aptys Solutions’ “PayLOGICS” flexible, scalable solution offers Mainstay technology using one unified platform that automatically applies least-cost routing, so it can take advantage of economies of scale and drive out costs for clearing transactions.

Aptys Launches ACH and Wire Origination Platform

9, Country, Priority, UNITED STATESBy Robert McKinley 02/27/2013

Aptys Solutions payments network provider to financial institutions launched ACH and Wire Origination solutions through their “PayLOGICS” unified payments platform. The “PayLOGICS” allows banks to offer end-to-end ACH and Wire solutions for originating, analyzing, funding, processing, sending and receiving, managing risk, and monitoring ACH and Wire transactions. The PayLOGICS system relies on an easy-to-use, template-based method for originating transactions quickly and effortlessly. Community Banks are looking for user-friendly solutions backed with unmatched customer support and most importantly products that can and will streamline their processes”the PayLOGICS platform does just that.

MIB Activates Aptys Payment Processing

9, Country, Priority, UNITED STATESBy Robert McKinley 08/07/2012

Midwest Independent Bank (MIB) has implemented Aptys’ PayLOGIC unified platform to support all aspects of payment processing. PayLOGICS’ second-generation technology, which integrates seamlessly with MIB’s existing infrastructure, improves operational efficiencies for the bank and streamlines payment processes for its respondent customers. With PayLOGICS, MIB has one centralized view of all customer payment activity, and as a result can process returns and adjustments directly within the system in support of its payment product, MIE.net (Midwest Image Exchange Network).

United Bankers’ Bank Implements Aptys Unified Payment Processing

7, Country, Priority, UNITED STATESBy Robert McKinley 04/30/2012

United Bankers’ Bank (UBB) has implemented the Aptys PayLOGICS “Active Archive” and “Image Exchange” modules. With the ability to integrate seamlessly with the bank’s existing infrastructure, PayLOGICS enables UBB to house all transactions and historical data in one location. ACH and other transaction details are on a single cloud-based archive, the Active Archive module gives UBB a centralized view of all customer payment activity.

NACHA Recognizes Aptys Solutions Partner on DCT

7, Country, Priority, UNITED STATESBy Robert McKinley 03/29/2012

Aptys Solutions and NACHA are set to provide the technology to support Deposited Check Truncation (DCT), which began as a pilot in 2010 and will transition into an opt-in program moving forward. The program allows a financial institution to use the ACH Network to electronically collect low-value consumer checks deposited by customers. For it, Aptys’ “PayLOGICS” system simplifies the DCT process by enabling the bank of first deposit to truncate a check and clear it with a Direct ACH Debit Payment. The Aptys software ultimately allows users to identify and separate DCT transaction candidates from an image cash letter file; automatically create ACH collection transactions using the TRC (Truncation) SEC code; automate the origination of an ACH file with the TRC transactions; output a rebalanced image cash letter file for delivery through normal clearing channels; and archive for efficient second day processing.

Aptys Payment Processing Corners 16% of Market

6, Country, Priority, UNITED STATESBy Robert McKinley 02/15/2012

More than 1,000 commercial banks- 16% of the market-now use the Aptys “PayLOGICS” platform to process payments. The “PayLOGICS” platform is the first and only unified platform to support all aspects of payment processing, including image exchange, ACH, wires, payment archiving, Federal Reserve messages, least cost routing, in-network exchange (INEX) and mobile payments. It is a multi-client, multi-tenant payment processing and archiving solution built for correspondent banks, bankers’ banks, corporate credit unions, and processors. This lets legacy and emerging systems including all payment transactions to interact with each other and be accessed and managed from one central location.

Aptys Solutions Introduces Same-Day Settlement

6, Country, Priority, UNITED STATESBy Robert McKinley 07/13/2011

Aptys Solutions payments network provider for financial institutions nationwide announced that the automated clearing house (ACH) functionality within its “PayLOGICS” payment platform now allows customers the ability to manage and perform same-day settlement (SDS). With “PayLOGICS'” design, customers can take advantage of the service offered by the Federal Reserve through their SDS services and extend that benefit to respondent customers. The settlement functionality within PayLOGICS is customizable, designed out of the box to provide the built-in flexibility for operators to adapt to today’s changing payment landscape. The “PayLOGICS” solution lets adjust to the shifting demands of customers.

Bankers’ Bank Deploys Aptys Solutions

9, Country, Priority, UNITED STATESBy Robert McKinley 05/20/2011

Bankers’ Bank has signed on with Aptys Solutions payments network for image exchange and Active Archive modules within “PayLOGICS” platform to support all aspects of payment processing. The “PayLOGICS” platform supports image exchange, ACH processing, wire processing, payments archive, Federal Reserve messages, least cost routing, in-network exchange (INEX) payment processing and mobile payments. Bankers’ Bank is implementing the “PayLOGICS” image exchange and Active Archive components to leverage access to enterprise-wide payments data and analytics. Aptys Solutions was selected for its unified payments technology that successfully bridges legacy and emerging payments, as well as its strong commitment to its customers. Aptys Solutions streamlines payment systems, allowing financial institutions to make informed decisions through the payment analytics module and eliminating the need for multiple vendors.

Aptys Solutions Launches Mobile Payment Solution

4, Country, Priority, UNITED STATESBy Robert McKinley 05/11/2011

Aptys Solutions payments network provider announced at FinovateSpring 2011 its “Aptys Mobile” (aMobile). Allowing banks’ business customers to create invoices, accept payments and process invoices directly through a mobile phone or tablet device. In tandem with Aptys’ “PayLOGICS” payment hub, “aMobile” provides financial institutions access to a full payment integration solution allowing businesses to electronically manage the entire supply chain process from point of sale through posting in their accounts receivable system via a mobile phone or tablet device. In doing so, it creates an end-to-end payment process to support mobile receivables from invoice creation, payment processing and back-end accounting, allowing the business to manage payments from any location.

Aptys Payments Processing Adds ACH Solution

8, Country, Priority, UNITED STATESBy Robert McKinley 03/07/2011

Aptys Solutions payments network has added ACH functionality to its “PayLOGICS” payment processing platform. Utilizing the ACH functionality in “PayLOGICS” lets banks exchange ACH items with other financial institution partners. The Aptys’ ACH functionality includes exception item management, automated scheduling, warehousing, returns, reversals and full origination. Because ACH and checks processed through PayLOGICS utilize the same architecture, financial institutions eliminate the need to create a new infrastructure to manage ACH payments. Aptys’ services-oriented architecture allows financial institutions to validate a transaction file and conduct duplicate checking on that same file.

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