VSoft, a provider of IT solutions for financial institutions, has expanded its strategic alliance with Payveris, a multi-channel provider of next generation digital payment solutions, to integrate Payveris’ payment solutions into VSoft’s new IRIS omni-channel platform.

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IRIS has been designed to streamline various banking channels under a single access point, thereby phasing out the need for separate products including internet banking, tablet banking and mobile banking.

Payveris’ platform, presently integrated with VSoft’s next-generation CoreSoft core processing system, will be used as IRIS’ payments engine.

VSoft chairman and CEO Murthy Veeraghanta said: "By expanding our partnership with Payveris, we’re bringing innovation to the forefront of the industry and empowering financial institutions to provide their customers with a total digital banking platform that includes a fully integrated payments engine."

Payveris president Jeff Weikert added: "The IRIS solution expands beyond mobile and online banking channels to create a consistent customer experience. As the financial technology landscape continues to evolve, VSoft provides the true innovation financial institutions need to keep pace with constant change."