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VSoft News & Events

VSoft Press Releases – 2015

2015 Press Releases

November 16, 2015 – Corporate America Credit Union to Offer VSoft’s IRIS™ Digital Banking Platform to More Than 500 Credit Union Members

VSoft Corporation, a global provider of information and technology solutions for financial institutions, announced that Corporate America Credit Union, a not-for-profit financial cooperative serving credit unions throughout the United States, has selected its IRIS digital banking platform.

An existing image capture client, the expanded relationship with Corporate America to now offer IRIS to its more than 500 credit unions further demonstrates VSoft’s market dominance within the credit union industry. Currently, over half of the nation’s corporate credit unions work with VSoft, demonstrating its success in solutions designed for a multi-institution atmosphere such
as a corporate.

Launched in August, VSoft’s IRIS platform is device agnostic, allowing accountholders to address their banking needs anywhere and anytime. The solution features a responsive design, eliminating the need for separate products such as Internet, tablet, mobile banking and mobile
deposit. The consolidation of products and the consistent, intuitive interface ensures a positive user experience while delivering the convenience users expect.

Additionally, Corporate America’s credit unions can offer both their consumer and commercial accountholders a complete suite of transactional services through one partner including personal financial management, bill pay, P2P, transfers, capability to view check images,
ordering checks and more. To maintain the consistent user experience, each institution has the ability to customize branding themes across devices.

“As multi-device banking gains prominence, VSoft’s IRIS provides Corporate America with a cutting-edge platform that transforms the member experience for our credit unions,” said Lisa Coffey, Chief Operating Officer, Corporate America Credit Union. “Having worked with VSoft for over seven years, we fully anticipate substantial benefits for our member credit unions and look forward to our expanded partnership.”

“Millennials are quickly becoming the majority of accountholders and shaping consumer expectation, making it critical for credit unions to invest in an digital banking platform to remain relevant and competitive,” said Murthy Veeraghanta, chairman and CEO of VSoft Corporation. “Corporate America recognizes this need. With IRIS, its more than 500 credit union members will be able to keep pace with the rapidly evolving technology landscape and become trailblazers in a new digital era of multi-device banking.”

About Corporate America

Founded in 1982 and based in Irondale, Alabama, Corporate America Credit Union is a dedicated, not-for-profit financial cooperative governed by a board of directors elected from and by our member-owner credit unions. Corporate America serves nearly 500 credit unions across the nation and seeks to add value to member credit unions by providing access to a comprehensive list of products and services including investments, liquidity solutions, and correspondent services such as ACH, item processing, and remote deposit capture. Our priority is serving the needs of our member-owners to help ensure their future success. For more information, call (800) 292-6242 or visit www.corpam.org.

About VSoft Corporation

VSoft Corporation offers platform-based services for the banking, financial services and insurance (BFSI) industry. Its core, payment and omni-channel banking solutions reduce cost and maximize efficiency while providing seamless, real-time, high-volume and high-performance transactions across multiple channels. The VSoft platform can be delivered in-house, or as an outsourced ASP or SaaS model to best meet the needs of individual financial institutions. VSoft’s services have been trusted by more than 2,600 financial institutions worldwide. For more information, please call 770-225-7692, or visit http://www.vsoftcorp.com, or follow them on Twitter @VSoft_Corp.


November 10, 2015 – Intesa Sanpaolo to Leverage VSoft’s Payment Processing Solutions for New York Branch

Intesa Sanpaolo is among the top banking groups in the euro zone, with a market capitalization of 54 billion euro. Intesa Sanpaolo is the leader in Italy in all business areas (retail, corporate and wealth management). The group offers its services to 11.1 million customers through a network of approximately 4,400 branches well distributed throughout the country with market shares no lower than 13 percent in most Italian regions. An international network of specialists in support of corporate customers spreads across 29 countries, in particular in the Middle East and North Africa and in those areas where Italian companies are most active, such as the United States, Brazil, Russia, India and China.

The New York branch is looking to grow its presence by acting as a clearing-house for all checks coming into the United States. Leveraging VSoft’s data center, VServe, provides the bank with a scalable hardware infrastructure and industry leading solutions giving Intesa Sanpaolo both capacity and capability for growth. In addition to the Branch and Merchant capture solutions, Intesa will benefit from Archive, Research, Returns and other various back office solutions.

“We place tremendous importance on helping our business customers be successful. Providing products and services that will simplify their daily operations is key to our partnership with the businesses we serve,” said Massimiliano Cattozzi, Head of International Network, Intesa Sanpaolo. “VSoft’s technology will not only provide tangible direct benefits to our customers, but the solutions will improve our operational efficiencies as well.”

As an international bank, it is important VSoft provides the special requirements Intesa requires in order to maintain growth in the United States market. VSoft adapted and customized solutions to specifically address the unique processing capabilities for Intesa. VSoft’s Wholesale and Retail Lockbox solutions will assist the institution as it receives various forms of payments including checks and coupons. The flexibility to constantly innovate solutions ensures a strong partnership and growth for both organizations.

“VSoft is pleased to partner with Intesa and provide them with innovative solutions which will position the bank well for continued growth,” said Murthy Veeraghanta, chairman and CEO, VSoft Corporation. “Many financial institutions, like Intesa, have decided to outsource their payment processing activities to our data center, VServe. We are honored and privileged to provide quality, efficient solutions and we will continue to invest in our products and our people to ensure that our clients receive quality service they can trust.”

About VSoft Corporation

VSoft Corporation offers platform-based services for the banking, financial services and insurance (BFSI) industry. Its core, payment and omni-channel banking solutions reduce cost and maximize efficiency while providing seamless, real-time, high-volume and high-performance transactions across multiple channels. The VSoft platform can be delivered in-house, or as an outsourced ASP or SaaS model to best meet the needs of individual financial institutions. VSoft’s services have been trusted by more than 2,600 financial institutions worldwide. For more information, please call 770-225-7692, or visit http://www.vsoftcorp.com, or follow them on Twitter @VSoft_Corp.


September 29, 2015 – VSoft and Payveris Expand Partnership, Integrate Payment Solution into Latest IRIS™ Omni-Channel Banking Platform

VSoft Corporation, a global provider of information and technology solutions for financial institutions, and Payveris, a multi-channel provider of next generation digital payment solutions, announce today that they are expanding an existing strategic partnership to integrate Payveris’ payment solutions into VSoft’s new IRIS™ Omni-Channel platform.

Currently integrated with VSoft’s next-generation CoreSoft™ core processing system, Payveris’ platform will be used as IRIS’ payments engine. Through this strategic partnership, VSoft will offer its financial institution clients a true omni-channel digital banking solution with user-friendly digital payment functionality.

“VSoft is one of the few providers in the marketplace today that offers a true omni-channel financial services platform,” said Jeff Weikert, president of Payveris. “The IRIS solution expands beyond mobile and online banking channels to create a consistent customer experience. As the financial technology landscape continues to evolve, VSoft provides the true innovation financial institutions need to keep pace with constant change. We’re excited to expand our relationship with VSoft and together we will deliver a powerful solution that enables financial institutions of all sizes to differentiate themselves and better meet the needs of today’s consumers.”

Multi-device banking has become the new normal, and to remain relevant, banks and credit unions must invest in a digital banking platform with a fully integrated payment solution that is device agnostic and features a responsive design. IRIS streamlines multiple banking channels under a single access point while eliminating the need for separate products such as internet banking, tablet banking and mobile banking. Payveris’ highly secure digital payments offering capitalizes on the value of a single unified platform.

“The vast growth in electronic and mobile payments coupled with the fact that Millennials – the most tech-savvy generation in history – are shaping consumer expectations, financial institutions are under substantial pressure to deliver a modern, omni-channel experience,” said Murthy Veeraghanta, chairman and CEO of VSoft Corporation. “When it comes to payments, Payveris’ innovative approach is leading the way. By expanding our partnership with Payveris, we’re bringing innovation to the forefront of the industry and empowering financial institutions to provide their customers with a total digital banking platform that includes a fully integrated payments engine.”

About Payveris

Payveris is a proven next generation provider of digital payment solutions with a focus on keeping financial institutions at the heart of the digital payments ecosystem. Payveris’ single integrated platform offers full service multi-channel online and mobile bill pay, P2P money movement and interbank transfer solutions for financial institutions, service providers and merchants. The company’s secure cloud-based platform, advanced technologies and full suite of APIs enable our partners and financial institutions to deliver a more flexible, cost effective, secure, integrated and customized solution. Payveris’ innovative digital payments platform combined with its “white label” business model offers core processors, online and mobile banking providers and other providers of remote banking services a powerful solution for their financial services clients.

For more information about Payveris and its Digital Payment solutions, contact Mickey Goldwasser at 860.372.4105, via email at mgoldwasser@payveris.com or visit www.payveris.com.

About VSoft Corporation

VSoft Corporation offers platform-based services for the banking, financial services and insurance (BFSI) industry. Its core, payment and omni-channel banking solutions reduce cost and maximize efficiency while providing seamless, real-time, high-volume and high-performance transactions across multiple channels. The VSoft platform can be delivered in-house, or as an outsourced ASP or SaaS model to best meet the needs of individual financial institutions. VSoft’s services have been trusted by more than 2,600 financial institutions worldwide. For more information, please call 770-225-7692, or visit http://www.vsoftcorp.com, or follow them on Twitter @VSoft_Corp.


September 16, 2015 – VSoft Partners with MX to Integrate Digital Money Management, Data Analytics, Marketing Platform into Latest IRIS™ Omni-channel Platform

VSoft Corporation, a global provider of information and technology solutions for financial institutions, announced at Finovate Fall that it has partnered with MX to provide a fully-integrated digital money management (DMM) option for IRIS™ omni-channel banking users.

Using the MX Data API, VSoft will integrate the award-winning DMM functionality directly into their omni-channel banking platform, enabling its financial institution clients’ customers to aggregate all of their financial accounts, view every transaction across all accounts, view spending trends and set financial goals – all in one place and with any device. Launched earlier this year, IRIS streamlines multiple banking channels under a single access point while eliminating the need for separate products such as internet banking, tablet banking and mobile banking.

“With a strong history in financial services, VSoft built IRIS from the ground-up, just like its other industry-leading solutions,” said Don Parker, executive vice president of partnerships at MX. “We’re thrilled to partner with VSoft and take part in their journey as they continue to innovate and provide engaging technologies for their customers. We’re confident that by integrating these powerful technology solutions, we’re helping financial institutions elevate to the next level of financial services.”

In addition to DMM, VSoft will also integrate MX’s data analytics solution, Insight, and its marketing platform, Target, into its IRIS platform to provide financial institution clients with even more functionality. Insight provides financial institutions with a holistic view of its customers. When users add their internal and external accounts into the MX platform, financial institutions gain instant access to collective user data about its competitors. Institutions know where customers have car loans, mortgages, checking accounts and more, and can then use that data to fine-tune marketing campaigns against those specific competitors.

Target allows marketing executives to put Insight to use by creating segments based on Insight’s datasets, deploy adaptive offers and start tracking a campaign in less than five minutes. Institutions can view a number of specific segments and then adapt digital offers to their accountholder’s interest. Financial institutions are able to share the right offer, with the right user, and at the right time.

“MX continues to define and redefine their space, making them a true industry leader and a perfect complement to our goal of delivering innovative solutions for the next era of omni-channel banking,” said Murthy Veeraghanta, chairman and CEO of VSoft Corporation. “Through this partnership, our financial institution clients will have access to a fully-integrated, best-of-breed digital money management (DMM) solution, along with superior data analytics to increase competitiveness and send better market relevant offers to customers. We believe this will be a highly competitive and attractive offering to our current and prospective clients.”

About MX

MX teams up with digital banking providers to supercharge the account holder experience at banks and credit unions. Founded in 2010, MX offers money management and user acquisition tools, as well as customizable omnichannel technologies that seamlessly integrate with the digital banking experience. By doing so, MX positions banks and credit unions at the forefront of the digital banking revolution and as account holders’ primary financial institution. MX is headquartered in the heart of Utah’s Silicon Slopes and is currently partnered with hundreds of financial institutions and more than 30 digital banking, core, and payment network providers — making it one of the fastest-growing fintech companies in the market. For more information, please visit www.mx.com.

About VSoft Corporation

VSoft Corporation offers platform-based services for the banking, financial services and insurance (BFSI) industry. Its core, payment and omni-channel banking solutions reduce cost and maximize efficiency while providing seamless, real-time, high-volume and high-performance transactions across multiple channels. The VSoft platform can be delivered in-house, or as an outsourced ASP or SaaS model to best meet the needs of individual financial institutions. VSoft’s services have been trusted by more than 2,600 financial institutions worldwide. For more information, please call 770-225-7692, or visit http://www.vsoftcorp.com, or follow them on Twitter @VSoft_Corp.


September 1, 2015 – VSoft’s IRIS™ Omni-Channel Banking Now Available on Apple Watch™

VSoft Corporation, a global provider of information and technology solutions for financial institutions, announced today that IRIS™, the company’s omni-channel platform spanning across all devices and channels for both personal and business banking, is now available on Apple Watch™.

As one of the few financial services providers to offer a banking app for Apple Watch, VSoft is enabling its financial institution clients to deliver a truly innovative digital banking platform to customers.

By downloading the app, IRIS users can seamlessly view account and loan balances, as well as view transaction and payment history while on the go. Future enhancements include the ability to do a simple funds transfer using Apple Watch, along with the ability to show credit card balances.

IRIS is device agnostic and features a responsive design, while eliminating the need for separate products such as Internet banking, tablet banking and mobile banking. The consolidation of products and the consistent, intuitive interface ensures a positive user experience while delivering the convenience users expect. By now offering the platform through Apple Watch, VSoft is furthering the solution’s superior convenience.

“For nearly two decades, VSoft has continued to innovate and provide solutions that meet the evolving technology landscape,” said Murthy Veeraghanta, Chairman and CEO of VSoft Corporation. “Following that same commitment, delivering IRIS through a downloadable app for Apple Watch was a natural next step for us. IRIS is truly device agnostic and we aim to provide our bank and credit union clients a banking solution that fits their tech-savvy customers’ expectations.”

About VSoft Corporation

VSoft Corporation offers platform-based services for the banking, financial services and insurance (BFSI) industry. Its core, payment and omni-channel banking solutions reduce cost and maximize efficiency while providing seamless, real-time, high-volume and high-performance transactions across multiple channels. The VSoft platform can be delivered in-house, or as an outsourced ASP or SaaS model to best meet the needs of individual financial institutions. VSoft’s services have been trusted by more than 2,600 financial institutions worldwide. For more information, please call 770-225-7692, or visit http://www.vsoftcorp.com, or follow them on Twitter @VSoft_Corp.


August 18, 2015 – PointBank Selects VSoft’s IRIS™ Digital Banking Platform

VSoft Corporation, a global provider of information and technology solutions for financial institutions, announced that $431 million PointBank of Denton, Texas has selected its IRIS omni-channel platform to enable customers to bank anywhere, anytime and with any device of their choice. PointBank is an existing customer of VSoft’s, having selected CoreSoftTM to replace its legacy processing platform. The bank also uses VSoft’s item processing solutions, including remote deposit capture.

With the emergence of multi-device banking, VSoft’s IRIS platform was thoughtfully developed to be device agnostic. It features a responsive design while streamlining multiple banking channels under a single access point. This eliminates the need for separate solutions for Internet banking, mobile banking and mobile deposit. Not only is this a tremendous cost savings, but it also streamlines vendor management responsibilities. Additionally, the consolidation of products and the consistent, intuitive interface ensures PointBank’s customers have a positive experience coupled with the convenience they expect.

“IRIS will enable us to provide our customers with an innovative, tech-savvy digital banking solution that better meets their needs and expectations,” said Ray David, president of PointBank. “Having worked with VSoft previously, we knew this was the right platform to continue delivering unparalleled service to the Denton area residents. We’re confident IRIS will exceed our expectations and pleased to expand our partnership with VSoft.”

By leveraging IRIS, financial institutions can offer consumer and commercial account holders a complete suite of services including personal financial management, bill pay, P2P, transfers, capability to view check images and ordering checks. Consistent data across channels is also available for better insight into customer behavior and preferences. The connected data gives financial institutions like PointBank a greater ability to provide account holders more personalized services in preferred settings, including the ability to promote and cross-sell suitable products. Furthermore, to maintain a consistent user experience, each institution can customize branding themes across devices.

“Consumers are more likely to switch their financial institution today than ever before, with outdated digital banking services being a primary reason for doing so,” said Murthy Veeraghanta, chairman and CEO of VSoft Corporation. “To continue meeting the financial needs of its customers, institutions must invest in a modern platform that ensures consistency across all banking channels, enabling customers to bank on their terms.”

About PointBank

Headquartered in Denton, Texas, PointBank was officially charted on July 13, 1892 as the “Pilot Point National Bank.” In 1995, the name was changed to PointBank and has served the Denton community for more than 130 years. PointBank has nine branches throughout Texas and values strength, people and convenience. For more information, please visit www.pointbank.com, or visit them on Facebook at www.facebook.com/Mypointbank or on Twitter at @Pointbank9.

About VSoft Corporation

VSoft Corporation offers platform-based services for the banking, financial services and insurance (BFSI) industry. Its core, payment and omni-channel banking solutions reduce cost and maximize efficiency while providing seamless, real-time, high-volume and high-performance transactions across multiple channels. The VSoft platform can be delivered in-house, or as an outsourced ASP or SaaS model to best meet the needs of individual financial institutions. VSoft’s services have been trusted by more than 2,600 financial institutions worldwide. For more information, please call 770-225-7692, or visit http://www.vsoftcorp.com, or follow them on Twitter @VSoft_Corp.


August 4, 2015 – VSoft Launches IRIS™ Omni-Channel Banking

VSoft Corporation, a global provider of information and technology solutions for financial institutions, launched IRIS, an omni-channel platform spanning across all devices and channels for both personal and business banking. IRIS permits accountholders to address their banking needs anywhere, anytime and with any device of their choice.

The shift in demographics and rapid growth of mobile devices has resulted in a meaningful increase of not only online banking, but also multi-device banking. VSoft’s IRIS solution is device agnostic and features a responsive design, all while eliminating the need for separate products such as Internet banking, tablet banking and mobile banking. The consolidation of products and the consistent, intuitive interface ensures a positive user experience while delivering the convenience users expect.

VSoft introduced IRIS at its annual client conference where the application received overwhelmingly positive feedback. Aside from the modern user interface’s instant appeal, the feature that reasonates most with clients is the single system approach. IRIS is one system that addresses multiple banking needs for both retail and business banking. Unlike other systems, IRIS features built-in imaging capability allowing retail and business accountholders to convieniently deposit a check using mobile deposit. Mobile Deposit is native to the application and does not require integration with a third party remote deposit capture vendor.

“IRIS enables users to start transactional and non-transactional tasks using their preferred device,” said Murthy Veeraghanta, Chairman and CEO of VSoft Corporation. “An account holder can begin to fill out a loan application on their mobile device and then finish on a tablet at a later time. This is just one of the many consistent experiences VSoft wanted to make possible with our omni-channel banking platform. Technology is constantly changing and our goal is to be ahead of the market so financial institutions stand out among their customer base.”

“IRIS enables users to start transactional and non-transactional tasks using their preferred device,” said Murthy Veeraghanta, Chairman and CEO of VSoft Corporation. “An account holder can begin to fill out a loan application on their mobile device and then finish on a tablet at a later time. This is just one of the many consistent experiences VSoft wanted to make possible with our omni-channel banking platform. Technology is constantly changing and our goal is to be ahead of the market so financial institutions stand out among their customer base.”

About VSoft Corporation

VSoft Corporation offers platform-based services for the banking, financial services and insurance (BFSI) industry. Its core, payment and omni-channel banking solutions reduce cost and maximize efficiency while providing seamless, real-time, high-volume and high-performance transactions across multiple channels. The VSoft platform can be delivered in-house, or as an outsourced ASP or SaaS model to best meet the needs of individual financial institutions. VSoft’s services have been trusted by more than 2,600 financial institutions worldwide. For more information, please call 770-225-7692, or visit http://www.vsoftcorp.com, or follow them on Twitter @VSoft_Corp.


June 23, 2015 – Members’ Advantage Credit Union Selects VSoft’s OnView Mobile Deposit Solution

VSoft Corporation, a global provider of information and technology solutions for financial institutions, announced today that Members’ Advantage Credit Union, a Wisconsin-based institution serving more than 10,478 members, will deploy its OnView Mobile Deposit solution.

With OnView Mobile Deposit, Members’ Advantage Credit Union will offer its members the ability to easily make deposits anytime, anywhere by using a mobile device. VSoft’s solution accepts check images and transmits the deposit to VSoft’s data center for secure processing. The amount confirmation engines, image quality tools, image-based reject repair and duplicate detection filters are then applied at the central operations area.

“We were in search of a leading-edge mobile solution and VSoft’s OnView Mobile Deposit offered the features and user experience we wanted for our members,” said Thomas E Bulin, CEO/President, Members’ Advantage Credit Union. “By leveraging best of breed technology, our members will reduce their deposit preparation time which ultimately accelerates their funds availability. Our primary goal is to serve our members to the best of our ability, and we’re confident that with VSoft’s mobile deposit solution, we will continue to do so.”

VSoft’s OnView Mobile Deposit offers the flexibility to have a standalone application or to integrate with other mobile banking providers using both Server-to-Server and Single Sign On (SSO) models. VSoft’s solution is currently integrated with over 10 different mobile banking providers, including VSoft’s own omni-channel application, IRISTM. In addition, the solution can be deployed in-house or hosted out of VSoft’s data center, VServe. Members’ Advantage Credit Union will leverage the data center to deploy the solution.

“Consumers are increasingly expecting added convenience from their financial institutions, including being able to make deposits anywhere, anytime,” said Murthy Veeraghanta, Chairman and CEO of VSoft Corporation. “With VSoft’s Mobile Deposit solution, institutions like Members’ Credit Union are doing just that by extending the convenience and cost savings of remote deposit capture and transmission right into the palms of its members.”

About VSoft Corporation

VSoft Corporation offers platform-based services for the banking, financial services and insurance (BFSI) industry. Its core, payment and omni-channel banking solutions reduce cost and maximize efficiency while providing seamless, real-time, high-volume and high-performance transactions across multiple channels. The VSoft platform can be delivered in-house, or as an outsourced ASP or SaaS model to best meet the needs of individual financial institutions. VSoft’s services have been trusted by more than 2,600 financial institutions worldwide. For more information, please call 770-225-7692, or visit http://www.vsoftcorp.com, or follow them on Twitter @VSoft_Corp.


June 3, 2015 – VSoft to Host Webinar Series on IRIS Omni-Channel Banking

VSoft Corporation, a global provider of information and technology solutions for financial institutions, announced today it will be hosting a webinar series to introduce their new IRIS omni-channel banking solution.

Christian Tomooka, AVP of Solutions Engineering for VSoft Corporation, will present the webinar “IRIS Omni-Channel Banking: A True Anywhere Banking Experience” beginning June 17, 2015. Financial institutions interested in omni-channel banking will learn about the benefits and latest trends in the financial industry. The webinar will also highlight VSoft’s IRIS platform, which streamlines multiple banking channels under a single access point providing users with a consistent banking experience.

VSoft will host four webinars on June 17, July 1, July 15 and July 29. All sessions will be held from 2:00 p.m. to 3:00 p.m. ET. To register, please visit www.vsoftcorp.com/iris-webinar-series/.

About VSoft Corporation

VSoft Corporation offers platform-based services for the BFSI industry. Our core and payment processing services reduce cost and maximize efficiency while providing seamless, real-time, high-volume and high-performance transactions across multiple channels. The VSoft platform can be delivered in-house, or as an outsourced ASP or SaaS model to best meet the needs of individual financial institutions.

VSoft’s services have been trusted by more than 2,600 financial institutions worldwide. For more information call 770-225-7692 or visit www.vsoftcorp.com.


March 2, 2015 – VSoft Corporation Unveils Global Rebrand

VSoft Corporation, a global provider of information and technology solutions for financial institutions, announced today its global rebrand which includes a new logo, company color and tagline “Ingenuity at Work.” This corporate rebrand coincides with the launch of its rebranded and reengineered banking solutions: Vantage 6.0, a next-generation productivity portal, and OnView 6.0, the unified payments platform which features a complete suite of remote deposit capture solutions. The new fresh, modern look along with the new tagline reinforces VSoft’s brand positioning and the company’s dedication to forward-looking development.

The corporate rebrand was born out of an initiative to simplify VSoft’s mission statement to one that clearly and concisely stated the company’s strength and its purpose: “Enriching customer efficiency through continuous innovation.” The goal of simplicity lead to the redesigned, much cleaner logo and the new tagline that better reflects who we are and how we represent ourselves. “Ingenuity at work” was chosen as the tag line as it speaks to company’s tireless effort to deliver innovative solutions to its clients.

Since 1996, VSoft’s clients have appreciated continuous product updates not only in additional feature functionality, but also a complete shift in the underlying technologies. VSoft is unique in the industry whereby, it has gone through three generational shift in underlying technologies from client/server in 1990s, ASP browser in 2000s, and .NET, C# and Silverlight earlier this decade. VSoft re-invents its platform yet again, with the announcement of the HTML5.0 based Vantage productivity portal and OnView payments platform.

“Our promise to our clients is to protect their investment in our technologies,” said Murthy Veeraghanta, chairman and CEO, VSoft Corporation. “As a company we wanted to make that commitment to our clients clear to the market. VSoft is continuously working to innovate our products, our processes and the services we provide to improve the efficiency of our clients operations. This rebrand emphasizes the market-leading solutions while better aligning the company’s marketing message and brand identity with who we are.”

About VSoft Corporation

VSoft Corporation offers platform-based services for the BFSI industry. Our core and payment processing services reduce cost and maximize efficiency while providing seamless, real-time, high-volume and high-performance transactions across multiple channels. The VSoft platform can be delivered in-house, or as an outsourced ASP or SaaS model to best meet the needs of individual financial institutions.

VSoft’s services have been trusted by more than 2,600 financial institutions worldwide. For more information call 770-225-7692 or visit www.vsoftcorp.com.


March 2, 2015 – Top Bank Selects VSoft’s Unified Platform of RDC and Back Office Solutions

VSoft Corporation, a global provider of information and technology solutions for financial institutions, announced today that one of the top 100 banks in the country selected VSoft’s back office processing solutions and remote deposit capture solutions, including ATM, Mobile, and Branch Capture for the deposit and payment transactions. VSoft’s single-sign-on, web-based solutions deliver tightly integrated automation efficiencies and will eliminate a significant number of legacy vendor products as well as expensive custom code that has been put in over the years.

With close to 200 branches, the bank is among the strongest regional banks in the country. The institution has realized significant growth, both organic and through acquisition, in recent years and that trend is expected to continue. A solid, adaptable, and efficient back office environment became imperative for the bank to sustain its growth while providing top-notch customer service. The desire to improve its operations while growing with innovative technology led the bank to select VSoft’s Platform.

“It is a great opportunity to offer our scalable platform to another large financial institution. With our commitment to our clients in protecting their investment in our technologies, VSoft not only provides functional updates to our clients, but we have also re-written the platform leveraging the latest technologies multiple times. This is just another instance where we are able to customize our solutions to fit the client’s specific needs, help them realize Straight Through Processing replacing myriad legacy platforms bolted together and reduce their overall costs significantly. We look forward to growing this relationship and for the opportunity to work hand in hand with the bank to benefit both of our growing organizations,” said Puneet Malhotra, SVP Business Development, VSoft Corporation.

VSoft’s platform contains a business rules engine, which not only governs user roles, authorizations, and other security related infrastructure, but also allows the bank to have complete control of every aspect of its processing. The platform is designed to help institutions capitalize on changing technology and provides a tightly integrated infrastructure, which eliminates unnecessary system complexity, providing both time and cost savings. VSoft’s remote deposit capture platform facilitates the automation of check deposits of varying volume and value, even at remote locations using mobile devices. The bank will also take advantage of VSoft’s enterprise-wide duplicate detection solution, which mitigates the risk of duplicate items using a consolidated database to make sure all captured items, regardless of depository channel, are analyzed.

“We are excited to welcome this bank in to the VSoft family,” said Murthy Veeraghanta, chairman and CEO, VSoft Corporation. “We are committed and will protect this partnership, as well as our other client’s, investment through our constant innovation and development of efficient products and services. VSoft looks forward to serving and expanding our relationship to include other payment solutions according to the bank’s business strategy.”

About VSoft Corporation

VSoft Corporation offers platform-based services for the BFSI industry. Our core and payment processing services reduce cost and maximize efficiency while providing seamless, real-time, high-volume and high-performance transactions across multiple channels. The VSoft platform can be delivered in-house, or as an outsourced ASP or SaaS model to best meet the needs of individual financial institutions.

VSoft’s services have been trusted by more than 2,600 financial institutions worldwide. For more information call 770-225-7692 or visit www.vsoftcorp.com.


February 24, 2015 – Pearl Harbor FCU Advances Member Service with Mobile Deposit from VSoft

VSoft Corporation, a global provider of information and technology solutions for financial institutions, announced today its new partnership with Hawaii based credit union, Pearl Harbor FCU. The credit union will leverage VSoft’s data center, VServe, to host the Mobile Deposit solution.

With close to $340 million assets, Pearl Harbor will offer its growing membership the ability to deposit checks with their mobile devices using VSoft’s solution. As self service banking has become more mainstream, the adoption and demand for mobile deposit has increased. Pearl Harbor prides itself on providing trusted banking services and reliable banking products to its members.

“Our institution’s mission is to provide excellent service to our members,” said Dan Terada, VP Operations/IT, Pearl Harbor FCU. “Over the next three years, our goal is to substantially grow our active mobile user base by attracting potential members with relevant product offerings. It was a tedious process selecting a vendor but it was VSoft’s features, functionalities and successful track record that seemed to coincide with our growth plan. The combination of quality technology and loyal partnership, will translate over to our members’ experience and we are eager to see the positive outcome in the near future.”

VSoft’s Mobile Deposit solution is currently integrated with fifteen different mobile banking providers. In addition, they are open to working with new vendors to provide institutions a fully integrated solution.

“VSoft is excited to welcome Pearl Harbor Federal Credit Union to the VSoft family,” said Murthy Veeraghanta. “We’ve been fortunate to see positive growth across all of our remote deposit capture solution especially mobile deposit. Our technology, unified platform, and commitment to innovation and service are resonating with financial institutions of all sizes. I’m pleased that Pearl Harbor is on of those institutions.”

About VSoft Corporation

VSoft Corporation offers platform-based services for the BFSI industry. Our core and payment processing services reduce cost and maximize efficiency while providing seamless, real-time, high-volume and high-performance transactions across multiple channels. The VSoft platform can be delivered in-house, or as an outsourced ASP or SaaS model to best meet the needs of individual financial institutions.

VSoft’s services have been trusted by more than 2,600 financial institutions worldwide. For more information call 770-225-7692 or visit www.vsoftcorp.com.


February 2, 2015 – VSoft Corporation to Exhibit at Numerous Financial Industry Conferences

VSoft Corporation, a global provider of information and technology solutions for financial institutions, announced today they will attend a number of the leading industry conferences this spring starting with Tech Mecca in Dallas, TX

Both its payment processing solutions and its next-generation core processing platform, CoreSoft, will be featured at Tech Mecca, ICBA National Convention, BAI Payments Connect and CUNA GAC. VSoft’s solutions offer advanced technology and a breadth of must-have functionality including risk management and a common user interface across solutions. VSoft’s flexible, unified platform was recently rearchitected using HTML5 technology and is designed to provide tight integration capability.

VSoft is among the US market leaders for payment processing solutions with more than 2,600 financial institutions using its’ technology. “Our tenure, experience and continuous investments in our payment processing and core processing platforms distinguish us from other providers,” said Murthy Veeraghanta. “We are looking forward to showcasing our solutions at these conferences this year. We enjoy opportunities to visit with our current clients that are in attendance as well as meet other institutions that could benefit from a relationship with VSoft.”

About VSoft Corporation

VSoft Corporation offers platform-based services for the BFSI industry. Our core and payment processing services reduce cost and maximize efficiency while providing seamless, real-time, high-volume and high-performance transactions across multiple channels. The VSoft platform can be delivered in-house, or as an outsourced ASP or SaaS model to best meet the needs of individual financial institutions.

VSoft’s services have been trusted by more than 2,600 financial institutions worldwide. For more information call 770-225-7692 or visit www.vsoftcorp.com.