Payments and cash management solutions provider Fundtech announced that Whitney National Bank is switching to its Fundtech Connect, application service provider (ASP) environment. Whitney currently hosts Fundtech’s ACCESS solution at its own site. Fundtech will provide hosting and customer support services for Whitney at its Fundtech Connect service center in Norcross, Georgia. The Fundtech Connect solution provides cash management services includes previous and current day balance reporting, book transfers, foreign and domestic funds transfers, ACH origination, check management, bank reports, and e-mail.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
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Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.