News

QCR Holdings opts for Fundtech cash management solutions

April 16, 2013

Banking solutions provider Fundtech has announced a deal in which QCR Holdings Inc., a multi-bank holding company based in Moline, Ill., will use the company's CASHplus with SmartNav. The turnkey solution will QCR to centralize and consolidate the bank's cash management business on a single platform.

CASHplus with SmartNav, allows the user to personalize their preferences, workflow and dashboards. The user can make any type of payment and access any type of data including bank information and alerts, account information, external news and customer data, from anywhere in the application, saving time and increasing productivity, Fundtech said in a news release.

"Banks that have been trying to run cash management businesses with legacy solutions are now realizing that if they are to remain competitive, it is imperative that they provide intuitive, online solutions that offer a superior user experience," said Mary Ellen Putnam, executive vice president of Fundtech. "As the leader in cash management, Fundtech is delighted to be working with QCR to help the firm achieve its strategic cash management objectives."

CASHplus is highly scalable and can be run in house or delivered through the Fundtech service bureau, which the company said allows an FI to reduce hardware, software and human resource requirements.

Read more about cash management.