San Francisco, CA, January 18, 2018 --(PR.com
)-- SnapCheck Inc., a leader in digital payment solutions, and CeleritiFinTech, a joint venture by global IT leaders HCL and DXC Technology, announced a new Solution Partner relationship to help financial institutions of all sizes and high-volume payers realize significant cost reductions, dramatically reduce fraud-related losses, increase user satisfaction, and compete in an increasingly-digital environment. SnapCheck provides a leading digital checking platform, while CeleritiFinTech helps its clients harness the power of innovation to thrive on change.
“We are bringing together CeleritiFinTech’s banking software and services that help banks, credit unions and other financial services companies modernize their business environments, with our award-winning digital checking platform, to provide easy access to best-of-breed business and technology capabilities. With our complementary expertise, SnapCheck and CeleritiFinTech will guide clients through every step of today’s challenging digital transformation journey,” said Ken Kruszka, Founder and CEO of SnapCheck Inc.
A recent study by The Financial Brand reveals the expansion of digital payments and building partnerships with FinTech firms are among the top 10 priorities in 2018 for most financial institutions across the country. By leveraging the SnapCheck and CeleritiFinTech partnership, those financial institutions will have easy access to leading-edge technology and services to advance their payment offering to the latest in digital innovation, through an economical, easy to implement, secure and reliable solution.
“At CeleritiFinTech we're helping some of 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."
“SnapCheck is on a mission to eliminate paper checks. Our digital checking platform marries the ubiquity of checks with the speed and security of electronic payments. All told, SnapCheck gives businesses, consumers, banks and credit unions the ability to save over $50 billion a year in costs and $20 billion a year in fraud losses,” added Kruszka.
Pioneering together a new era of digital banking, SnapCheck is the first third-party fintech service to be integrated and certified by CeleritiFintech. The combined offering will be revealed to CeleritiFinTech client financial institutions this week at CeleritiFinTech’s Banking Innovation Summit in Marco Island, Florida.
SnapCheck Inc. developed a high speed, highly secure, Blockchain-enabled, and universally accepted solution dedicated to eliminating paper checks. SnapCheck’s financial service platform enables consumers, businesses, and partners to realize the benefits of digital payments without the cost and risk of overhauling business processes.
For more information, visit www.goSnapCheck.com.
CeleritiFinTech, an HCL and DXC Technology Company, delivers banking software and services, including the world-renowned Hogan core banking and CAMS II cards platforms, to global financial institution clients.
For more information, visit http://www.celeritift.com/.