Aptys Solutions, an established provider of Cloud-powered, end-to-end, virtual payment services to more than 4,500 financial institutions (including quicker payments, mobile P2P, wire, ACH, and inclearing), reveals that Alloya Corporate Federal Credit Union, a major corporate credit union serving 1,400+ credit unions, has converted to its unified payments platform, PayLOGICS,
The PayLOGICS platform is currently live for Automated Clearing House (ACH) origination and processing solutions for its member credit unions as the kickstart of a streamlined and all-digital payments enhancement initiative.
PayLOGICS’ ACH suite comes with robust end-to-end solutions for originating and receiving ACH transfers, automated anomaly detection, risk management, ACH receipt warehouse and Active Archive which will offer Alloya’s member credit unions with access to transactional data for querying and obtaining returns, reversals, and reporting.
Aptys’ PayLOGICS maintains the highest standards of availability, resiliency, as well as security
Todd Adams, CEO at Alloya Corporate Federal Credit Union, stated:
“The conversion to PayLOGICS served as a major milestone to achieving faster payments while offering solutions that allow our member credit unions to differentiate their services. We are confident our member credit unions will appreciate the robust risk mitigation tools and intuitive user experience that PayLOGICS offers, along with additional features like the sophisticated onscreen and on-demand reconciliation and online access to transaction history. This was by far one of the best conversions I have been involved with and we are excited about our partnership and the future working with Aptys.”
Naseer Nasim, CEO at Aptys Solutions, remarked:
“We understand credit unions need to quickly deliver payments innovation without agonizing over how to update their siloed, legacy systems. We are excited about partnering with Alloya to help financial institutions quickly deliver faster, modern, unified, flexible, and scalable digital payments that their members expect. We welcome Alloya and its member credit unions to Aptys.”
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