GTCR

JERSEY CITY, N.J., May 23, 2012 (GLOBE NEWSWIRE) -- Fundtech, a market leader in global transaction banking solutions, today announced that its Global CASHplus® has won The Asian Banker's award for Best Corporate Payments Implementation Project, along with its client HDFC Bank, one of India's leading banks with over 25 million customers. Building on its established remittance business, HDFC Bank realized that in order to reach more potential customers, the bank needed to speed up the development of interfaces with third-parties such as exchange houses and partner banks. These interfaces enable third parties to link easily into the bank's underlying remittance processing engine deployed by Fundtech. HDFC Bank implemented Fundtech's remittance solution, part of Fundtech's Global CASHplus suite of modules, which has resulted in a remarkable ...