Financial Technology

Financial Technology

February 12, 2014

Payveris, D3 Banking to Offer Digital Banking and Payment Services

Payveris and D3 Banking are integrating their technology to allow banks and credit unions to use Payveris’ digital payments function with D3 Banking's multichannel digital banking service.

Based in Wethersfield, Connecticut, Payveris offers bill payment, money movement and interbank transfer services to U.S. banks and credit unions.

Omaha, Nebraska-based D3 Banking provides banking services that can be accessed via laptop, smartphone or tablet to the same market as Payveris.

 Under the partnership, both the will deliver a single packaged service for banking and payments on mobile and online channels.

Payveris offers an automated and cloud-based digital payment solution that enables customers to experience secure, faster, less expensive payment transactions with less risk of errors and offers financial institutions with a more integrated option that creates an overall  better user experience than what is currently available today.

Speaking about the partnership, Fran Duggan, President of Payveris said in a statement, “Both companies bring an understanding of market needs and the desire to help banks and credit union to more effectively compete and serve their customers or members. With this in mind, I am excited about partnering with D3 Banking, as we work together, to provide consumers with a better way to seamlessly manage their finances from their online or mobile devices.”

Mark Vipond, CEO, D3 Banking said in a statement,  "Our D3 Banking Solution is built on the belief that financial institutions should control the user experience around all types of money movement - bill pay, account to account, person to person - and that all those payment options should ride on a single payment rail infrastructure. The customer or member of the bank or credit union should be isolated from the details of 'how' the money is moved and be allowed to focus on 'what' type of transaction they want and when they need the transaction to occur."

Edited by Cassandra Tucker

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