San Francisco, CA, October 27, 2017 --(PR.com
)-- SnapCheck, the leading provider of business payment solutions, today announced the next generation of the SnapCheck Digital Checking Platform. The expanded API supports payments interfaces for partners in key industries including: banking, accounts payable, payroll, insurance, government, and marketplaces.
SnapCheck’s blockchain-enabled Digital Checking Platform provides a turn-key solution to modernize business payments. “While consumers have seen a host of new payments technologies over the past few years, businesses have been neglected. It’s incredulous that in this Golden Age of FinTech, businesses are reverting more and more to paper checks for their payments needs and are paying the price in terms of exorbitant costs and rampant fraud,” said Ken Kruszka, CEO of SnapCheck. “At SnapCheck, we give businesses a better alternative to antiquated paper checks that drastically reduces their payments costs and virtually eliminates fraud, all without requiring businesses to change their back office processes. We are thrilled to be working with CeleritiFinTech to bring SnapCheck to some of the largest banks in the world, so that they can better serve their business account holders with SnapCheck digital checks.”
“At CeleritiFinTech we're helping some the largest banks in the world to embrace fintech innovation,” said Oded Shoshany, CEO of CeleritiFinTech. “We give banks the opportunity to leverage their existing core banking platforms and incorporate innovative Fintech solutions via APIs and microservices. By working with our pre-certified, pre-integrated partners like SnapCheck, banks can add new digital capabilities much more quickly and cost effectively."
The pre-integrated and pre-certified availability of SnapCheck with CeleritiFinTech’s Hogan Core Banking System allows banks using Hogan to rapidly and cost effectively deploy SnapCheck in their existing environments in a matter of days, and shows benefits immediately.
SnapCheck is a global payments technology company that is bridging the digital divide in payments. SnapCheck’s revolutionary blockchain-enabled digital checking platform marries the ubiquity of checks with the speed and security of electronic payments. SnapCheck’s platform combines the ubiquity of checks, the cost of ACH, the data of EDI, the speed of Wires, and the security of Blockchain. For more information on SnapCheck, please visit http://www.goSnapCheck.com
CeleritiFinTech, an HCL DXC Technology Company, delivers banking software and services company to global banking clients. http://www.celeritift.com/.