06/02/2012
By Scott Thompson
Bank of Montreal (BMO) is implementing the Dovetail Payment Services Hub.
This enables organisations to reduce the number of payment platforms they operate, centralise processing of multiple currencies and payment types, increase straight through processing and lower processing costs, and provide better, more holistic real-time information to their clients to help them manage the entire payment process.
Martin Coen, CEO at Dovetail, says: "We are delighted that BMO has selected us to support the transformation of its payments infrastructure. Our proven productised approach allows us to provide a cost-effective, low-risk migration from legacy silo systems to a modern payment services architecture that helps organisations enhance their payment operation and client offering."
