NYMBUS, the world’s first complete, full-stack core banking system, has entered into a strategic partnership with Payveris, a digital payments company.
Under the partnership, Payveris will provide the sole online payment platform for all financial institutions converting to the NYMBUS core platform.
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Payveris said that this cloud-based product suite includes digital payment services such as consumer bill pay, business bill pay, account-to-account external transfers, person-to-person payments, person-to-business payments and business-to-business payments.
This digital payment partnership is expected to considerably reduce the bankers time spent on managing online transactions.
The collaboration allows for enhanced usability, seamless experience for both financial institutions and their customers.
Payveris president Jeff Weikert said: "Legacy technology providers have been slow to catch up, and together with NYMBUS, we’re solving the problem of old technology and providing banks and their customers exactly what they want – a way to conveniently pay bills, move money between their accounts at various institutions and pay friends or merchants."
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By GlobalData
