Atlantic Community Bankers Bank Successfully Implements Four Payment Rails with Fintech Partner Aptys Solutions
ACBB is online on Aptys ACH solutions, transfers, checks and international transfers
— Eric Dotson, Executive Vice President of Aptys Solutions
NORCROSS, GA, USA, Feb. 23, 2022 /EINPresswire.com/ — Aptys Solutions, the leading provider of cloud-based, end-to-end digital payment solutions to over 4,500 financial institutions, including faster payments , mobile, wire, ACH and check P2P, announced its recent partnership with Atlantic Community Bankers Bank (ACBB). ACBB is the leading regional provider of correspondent payments and lending services to over 400 financial institutions.
ACBB needed a strategic payment technology partner capable of offering advanced payment solutions to achieve the institution’s strategic objectives. Aptys’ multi-channel payment platform, PayLOGICS, was selected as the system offering key ACBB features, including Image Pay Letter, ACH, Wire Transfer, Issuance of International Wire Transfers and Fed messages to meet all changing ACBB needs.
“Aptys is a partner, not a supplier, and the company understands what customers need,” said Craig Howie, president of ACBB. “Our partnership with Aptys was an easy choice. Its solutions better serve our community banking customers by providing a fully automated and seamless payment processing experience. In addition, it saves us money and is more efficient.
Streamlining reconciliation and settlement across multiple payment channels is just one of the benefits of the platform. Aptys now offers versatile methods of payment creation offering true customization of operations and procedures for ACBB customers. Plus, it makes it easier to track and find, providing enhanced regulatory compliance and unparalleled customer support and expertise. As Aptys and ACBB collaborate on faster payments, this unique project brings new functionality to each of their customers by maintaining an online payment archive with consolidated payment data viewable through a web browser.
One of the main advantages of the Aptys solution that differentiates the company from its competitors is its single, multi-channel payment platform: a company with one place for all payment data in the cloud. “Aptys simultaneously converted more than 300 financial institutions to clearing, ACH, wire transfer and international wire transfer,” said Eric Dotson, EVP at Aptys Solutions. “Being able to convert four payment rails is important and this strategic pairing between ACBB and Aptys is one that will open the door to new, faster payment opportunities for many financial institutions.”
About ACBB (acbb.com)
Founded in 1983, Atlantic Community Bankers Bank (ACBB) provides correspondent, payment and lending services exclusively to financial institutions. We bring together, innovate and integrate services with more than 400 shareholder and client financial institutions. Our solutions drive efficiency, profitability and relevance to businesses and consumers. ACBB was created and is governed by community-oriented financial institutions.
About Aptys Solutions
Aptys Solutions is the leading provider of electronic payment processing software for financial institutions. Aptys’ payment platform processes nearly one billion ACH, check, and wire transfer transactions annually for more than 4,500 community banks and credit unions nationwide. By providing financial institutions with a unified electronic payment platform, the company helps financial institutions deliver differentiating payment products that increase efficiency, reduce friction, manage compliance and reduce risk. Aptys Solutions is dedicated to accelerating payments, streamlining operations and generating revenue for correspondents and their customers. For more information, visit www.aptyssolutions.com.