#USA #DXC Technology #Ashburn #Aptys Solutions #Financial Payments

Partnership Overview

DXC Technology (NYSE: DXC), a leader in enterprise technology, has teamed up with Aptys Solutions, a prominent provider of end-to-end payment solutions, to revolutionize payment connectivity for financial institutions across the United States. This strategic alliance aims to modernize payment processes and simplify how institutions connect to and manage payment services through various networks and distribution channels.

By joining forces, DXC and Aptys Solutions intend to enhance operational efficiency, reduce risks, and improve customer experiences for over 5,500 participating institutions. This collaboration is particularly significant as many smaller banks and credit unions often lack access to advanced payment technologies compared to larger financial entities.

Unified Payment Solutions

Aptys Solutions offers an integrated payment platform that supports a range of payment types including ACH transfers, wire transfers, real-time payments via FedNow® and RTP®, and image exchanges. The collaboration will focus on integrating Aptys’ robust payment orchestration capabilities into DXC’s financial transformation portfolio. This integration is expected to streamline payment processing, enhance interoperability between systems, and reduce the overall cost of ownership for financial institutions.

Sandeep Bhanote, Global Executive and General Manager of Financial Services at DXC, emphasized the practical approach to modernization that this partnership fosters. According to Bhanote, financial institutions are seeking effective means to modernize payment capabilities while managing costs, complexity, and operational risks. By combining Aptys’ modern payment infrastructure with DXC’s deep expertise in core banking environments, the partnership facilitates a pragmatic path for financial institutions to modernize their processes.

Ensuring Direct Banking Transactions

Currently, numerous financial institutions offer services at minimal cost, although third-party entities often capitalize on their data by reselling it at premium prices. The DXC and Aptys collaboration will enable direct bank-to-bank processing, empowering institutions to capture more value generated by their own payment infrastructures. This shift aims to decrease reliance on third-party fintech layers, thereby enhancing control and transparency within payment workflows.

Aptys Solutions facilitates thousands of institutions in delivering faster, smarter, and safer payment experiences. Naseer Nasim, CEO of Aptys Solutions, remarked that their partnership with DXC brings the necessary scale, reliability, and operational strength to support institutions in their modernization efforts, maintaining trust at the core of every payment relationship.

Future Developments

The initial phase of this partnership focuses on activating core payment API transactions, leveraging these foundational use cases to modernize traditional financial infrastructure and enhance service delivery. Future plans include rolling out additional features, such as digital wallets, preservation services, and wealth management solutions.

About DXC Technology

DXC Technology is a leading enterprise technology partner that offers software, services, and solutions to businesses and public sector organizations globally. The company helps its clients leverage AI and other innovative technologies to achieve results in a rapidly evolving landscape. With deep expertise in managed infrastructure services and application modernization, DXC operates and secures some of the world’s most complex technology environments. For further information, please visit dxc.com.

About Aptys Solutions

Aptys Solutions stands out as a top provider of end-to-end payment technologies. Its unified platform enables a variety of transactions, including ACH, wire transfers, international payments, checks, and real-time payments via FedNow® and RTP®. With over 5,500 financial institutions relying on Aptys to process billions of dollars in transactions each year, the company is committed to client-centric innovation. For more information, please visit aptyssolutions.com.