ATLANTA–VSoft Corp., a provider of information and technology solutions, and Payveris, a multi-channel provider of next generation digital payment solutions, announced they are expanding an existing strategic partnership to integrate Payveris’ payment solutions into VSoft’s new IRIS Omni-Channel platform.
Currently integrated with VSoft’s next-generation CoreSoft core processing system, Payveris’ platform will be used as IRIS’ payments engine. Through this strategic partnership, VSoft will offer its financial institution clients a true omni-channel digital banking solution with user-friendly digital payment functionality.
“VSoft is one of the few providers in the marketplace today that offers a true omni-channel financial services platform,” said Jeff Weikert, president of Payveris. “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. We’re excited to expand our relationship with VSoft and together we will deliver a powerful solution that enables financial institutions of all sizes to differentiate themselves and better meet the needs of today’s consumers.”
Multi-device banking has become the new normal, and to remain relevant, banks and credit unions must invest in a digital banking platform with a fully integrated payment solution that is device agnostic and features a responsive design. IRIS streamlines multiple banking channels under a single access point while eliminating the need for separate products such as internet banking, tablet banking and mobile banking. Payveris’ highly secure digital payments offering capitalizes on the value of a single unified platform.
“The vast growth in electronic and mobile payments coupled with the fact that Millennials – the most tech-savvy generation in history – are shaping consumer expectations, financial institutions are under substantial pressure to deliver a modern, omni-channel experience,” said Murthy Veeraghanta, chairman and CEO of VSoft Corporation. “When it comes to payments, Payveris’ innovative approach is leading the way. 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.”