DXC and Aptys Solutions Join Forces to Revolutionize Payments for Financial Institutions in the U.S.

Transforming Payments in the U.S.

In a strategic move that promises to reshape the financial landscape, DXC Technology (NYSE: DXC), a prominent player in enterprise technology, has teamed up with Aptys Solutions, a notable provider of comprehensive payments solutions, serving over 5,500 financial institutions across the United States. This alliance aims to modernize payment connectivity, streamlining how financial institutions manage and connect with payments services through various networks and channels.

Objectives of the Partnership

The partnership's primary goal is to enhance efficiency in payments processing, mitigate operational risks, and elevate customer experiences within financial institutions. By integrating Aptys' innovative payments platform with DXC's extensive banking transformation portfolio, the collaboration is designed to facilitate smooth payments operations and improve interoperability between systems, thus reducing the total cost of ownership for financial institutions.

Aptys Solutions is renowned for its unified payments platform that accommodates a variety of payment methods, including ACH transfers, wire payments, instant payments through FedNow® and RTP®, as well as image exchange and digital channels. The additional benefits encompass directory services, fraud detection controls, and management tools that ensure effective funds management. With this integration, financial institutions will find it easier to utilize cutting-edge capabilities that previously only the largest banks could access.

Addressing the Challenges in Modern Banking

“What we’re seeing is that financial institutions are looking for practical ways to enhance their payment systems while managing costs and complexities,” explained Sandeep Bhanote, Global Head of Financial Services at DXC. By leveraging Aptys' modern infrastructure in conjunction with DXC's expertise in banking environments, the partnership encourages a phased and pragmatic approach to modernization.

Moreover, many financial institutions often face high costs and inefficiencies when third parties access their services, sometimes reselling data at marked-up prices. This partnership seeks to change that by enabling direct bank-to-bank processing. By doing so, DXC and Aptys aim to empower institutions to take more command over their payment infrastructures, enhance transparency, and reduce their reliance on intermediary fintech solutions.

Future Capabilities on the Horizon

The collaboration has kicked off with a focus on enhancing core payments API transactions. Future initiatives aim to expand on foundational use cases to modernize traditional banking frameworks, thereby improving how services are provided to customers. Plans are already in motion to introduce new capabilities such as digital wallets, custody services, and wealth management tools.

Naseer Nasim, CEO of Aptys Solutions, emphasized the importance of this partnership, stating, “Aptys Solutions empowers thousands of financial institutions to deliver payment experiences that are faster, smarter, and more secure. Our collaboration with DXC provides the scale and reliability necessary for institutions to modernize with confidence while ensuring trust at the forefront of every transaction.”

Conclusion

With this transformative partnership, DXC Technology and Aptys Solutions are not just enhancing payment connectivity but are fundamentally reshaping the capabilities of financial institutions in the U.S. Through this collaboration, smaller institutions will have access to technological innovations that previously seemed out of reach, leveling the playing field in the banking sector and ensuring improved customer experiences.

For those interested in learning more about this innovative partnership, visit DXC Technology and Aptys Solutions.