Fundtech and AgriBank achieve first FedLine DirectSM compliance; Agribank communicates with the Federal Reserve Banks' IBM WebSphere MQ Server for secure funds transfers.

0 Comments | M2 Presswire, April, 2007

M2 PRESSWIRE-17 April 2007-FUNDTECH: Fundtech and AgriBank achieve first FedLine DirectSM compliance; Agribank communicates with the Federal Reserve Banks' IBM WebSphere MQ Server for secure funds transfers(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:17042007 Jersey City, NJ - Fundtech Ltd.

(NASDAQ: FNDT), a leading provider of global electronic payment, settlement and cash management solutions, today announced that it has enabled AgriBank to be the first bank to exchange funds transfers with the Federal Reserve Banks through their new FedLine Direct access solution. Fundtech worked closely with AgriBank, a user of Fundtech's PAYplus USApayment system, to complete their conversion to the new interface, providing training and support services throughoutthe...

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