Corporate One announced Thursday that it would offer its membersACH services using Fundtech's PAYplus ACH and CASHplusplatforms.

In making the announcement, Columbus, Ohio-based Corporate Onestressed that this solution filled the gap caused by the pendingcessation of ACH services provided by failed corporate U.S.Central Bridge.

Said Corporate One in its statement, “By choosing Fundtech,Corporate One will be replacing the APEX-ACH platform offeredthrough U.S. Central with a solution that will offer severalenhancements over APEX-ACH, and with pricing that is more favorableto its members.”

“With our new ACH platform through Fundtech, we're able toprovide enhanced pricing to our members over the fees associatedwith the existing ACH solution,” said Lee Butke, Corporate One'sCEO. “We view our move to the new platform as more than areplacement for our existing system, but as an opportunity toprovide even more value to our members and help them succeed atserving their own members.”

Robert Coyan, Corporate One's senior vice president of marketingand operations, added: “After an extensive and thorough search, weare very pleased to have chosen Fundtech as our new ACH systemprovider. The Fundtech platform is a user-friendly, best-in-classsystem that will provide our members many benefits above and beyondthe APEX-ACH system.”

Jersey City, N.J.-based Fundtech describes itself as “a leading provider of financialtechnology to banks and corporations of all sizes around theworld.”

Corporate One stressed that it planned to have all its memberstransitioned out of U.S. Central Bridge and into Fundtech's ACH inadvance of a scheduledJune 30 fee increase at U.S. Central Bridge as the corporate windsdown its operations.