US-based SWACHA Services Corporation (SSC) has selected Aptys Solutions to serve as a technology provider for its automated clearing house (ACH) modules within PayLOGICS platform to expand payments processing opportunities for financial institutions.
Aptys will support all aspects of payment processing, including image exchange, ACH processing, wire processing, payments archive, Federal Reserve messages, least cost routing, in-network exchange (INEX) payment processing and mobile payments.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Aptys Solutions said that it will offer the ability to consolidate payment processing including an ACH solution for originating, analysing, processing, receiving, managing, and monitoring ACH transactions.
Leveraging Aptys’ ACH technology, financial institutions will be offered a cost-effective and efficient method for processing ACH transactions.
Aptys’ ACH solutions will enable financial institutions to leverage existing ACH volume; run same day settlement of ACH transactions; perform exception item management, returns, and reversals; achieve full ACH origination; automate payment processing; offer product diversification; and remain competitive.
SWACHA Services AAP and president, Tim Quisenberry, said: "This partnership allows our clients to have one go-to vendor they can trust to provide them with the most robust, comprehensive ACH technology.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData"The ability to offer least-cost routing and in-network exchange (INEX) of ACH transactions lead us to partner with Aptys. We look forward to seeing the advantages it brings to our customers."
