Union Bank of California Selects IntraNets MTS for High-Value Payments Processing

Tuesday 15 January 2002 23:43 CET | News

IntraNet, Inc., announces the licensing of its Money Transfer System(TM)(MTS(TM)) payments processing solution to Union Bank of California N.A., the third largest commercial bank in California.

IntraNets MTS software will provide Union Bank of California high-volume, real-time, mission-critical corporate electronic payment processing that employs enhanced routing logic to maximize the banks ability to accomplish straight-through processing. MTS combines proven reliability with scalability and exceptional flexibility designed to optimize efficiency in corporate payment processing environments. MTS is an integrated payments solution for domestic and international funds transfers. MTS operates on IBM eServer pSeries and is a member of IntraNets PaymentWare(TM) suite of solutions designed to meet the messaging and payment processing needs of the wholesale banking industry.

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Categories: Payments & Commerce | Payments General
Countries: World
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