NORCROSS, Ga., March 23, 2017 /PRNewswire/ -- Aptys Solutions, a leading provider of real-time processing and electronic payments solutions for financial institutions nationwide, announced today that MY CU Services, a CUSO providing a one-stop shop for payments, technology, and services, has signed an agreement to implement the full PayLOGICS Suite from Aptys.
PayLOGICS will allow MY CU Services to consolidate multiple payments products for check, ACH, and wire onto a single platform, streamlining payment operations and simplifying member credit access to electronic payments and data.
Aptys has established a track record in the payments industry for creative solutions that lower operational costs and create new revenue streams for financial institutions through end-to-end, streamlined electronic payments management. MY CU Services' new technology now gives member credit unions more data access and control with enhanced real-time security features through PayLOGICS Risk and Anomaly Detection.
"Because of our growth and success since 2010, we were looking for the right solution that would not only provide enhanced capability to our current members, but also position MY CU Services as a leader of electronic payment services to the credit union industry," said MY CU Services President/CEO Drew Kishbaugh. "PayLOGICS becomes the foundation for future growth and provides new payment services to our members."
MY CU Services will also benefit from PayLOGICS' Active Archive which provides tools for managing payment data all in a single location. "Efficient data management isn't just about having enough storage capacity anymore," said Eric Dotson, EVP of Sales. "Accessing and using data in a flexible infrastructure to better manage risk, reduce fraud, ensure regulatory compliance, and analyze data trends are all top priorities for FIs today. Active Archive simplifies these tasks by consolidating data and making it accessible online."
About MY CU Services
MY CU Services is a leading provider of electronic payment, mobile and technology solutions for credit unions; headquartered in Middletown, Pa. MY CU Services currently provide services to more than 1,300 credit unions nationwide. For more information, visit www.mycuservices.com. It's time to Experience the Difference with MY CU Services.
About Aptys Solutions
Norcross, GA-based Aptys Solutions provides electronic payment services to over 2,800 financial institutions nationwide. Aptys' PayLOGICS suite of products provide origination, processing, and fraud tools for check, ACH, and wire payments and serves as a clearinghouse of transactions providing least cost routing. Aptys helps increase overall efficiencies while reducing expenses associated with processing electronic payments. For more information, visit www.aptyssolutions.com.
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SOURCE Aptys Solutions