Core Systems

08:43 PM
Connect Directly

First Data, WAUSAU Financial Systems Enter into Long-Term Agreement

Denver-based REMITCO, a wholly-owned subsidiary of First Data Corp., has entered into a long-term agreement with WAUSAU Financial Systems that expands WAUSAU's proprietary software solutions into a full service offering.

Under the agreement, WAUSAU will provide multiple levels of service that allow organizations to choose end-to-end remittance processing or a more limited solution that can grow over time. The expanded solution can be used by a number of industries, including financial services, utilities and insurance companies.

First Data will host the software environment, manage the service facilities, and provide the labor necessary to process the transactions. First Data will also beta test new WFS product development and new releases and upgrades to the software.

Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio

Comment  | 
Print  | 
More Insights
Newest First  |  Oldest First  |  Threaded View
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology
BS&T's 2014 Elite 8 executives are leading their banks to success, whether it involves leveraging the cloud, modernizing core systems, or transforming into digital enterprises.
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.