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Asseco South Eastern Europe (Asseco SEE), a European leader in banking and financial applications, and Fundtech, a market leader in global transaction banking solutions, have signed a partnership agreement to develop products for the USA market.
Through this agreement Asseco SEE and Fundtech will work together to develop and deliver mobile, card and banking solutions by combining complementary technologies, people and experience. Both companies believe that the development partnership will bring added value to their Clients.
The partnership will combine Asseco SEE’s mobile and security technology, which has been deployed in banks in Europe, and Fundtech’s mobile remote deposit capture and payment technology expertise, significant market presence, and distribution capabilities in the USA. The partnership will initially deliver a mobile Remote Deposit Capture application with a roadmap of future applications to include additional mobile services to USA customers.
“Our partnership offers bankers easy-to-use, quick to deploy, and secure mobile services. These can expand their direct banking channels, generate new revenues and position these banks more strongly in today’s mobile banking/payment ecosystem. We are excited to work with Fundtech in this fast growing mobile banking marketplace,” said Drazen Pehar, Member of the Board of Asseco SEE.
“As market leaders in the Remote Deposit Capture business, we are delighted to partner with Asseco in order to expand our business further through the introduction of new and innovative mobile banking applications. Together we will define solutions, develop the market and deliver cost effective services to a broad range of current and underserved customers,” said Danne Buchannan, executive vice president, and head of North America Operations.