MIDDLETOWN, Pa. — Mid-Atlantic Corporate Federal Credit Union (www.midatlanticcorp.org) has bought new ACH origination software from Fundtech Ltd.
The OrigiNET solution from the Jersey City, N.J., firm (www.fundtech.com) will provide the 1,100-member corporate's 250 ACH users a Web-based system with a user-friendly interface that reduces new account setup times and automates transaction processing, the company and credit union said.
"With the volume of ACH transactions steadily increasing, and the expansion of business services offered by our members, we need a system that's efficient and scalable as well as easy to set up and use day to day," said Drew Kishbaugh, the corporate's senior vice president of payment services.
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Brian Jou, Fundtech's executive vice president of global products, said, "Mid-Atlantic has many unique requirements due to their client base. We are delighted that they have chosen Fundtech's OrigiNET to meet the challenges posed by growing ACH volumes and increasing complexity of the ACH processing business."
Fundtech said it now provides ACH and other payment and remittance solutions to more than 750 clients worldwide.
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