Mainstay Group Chooses Aptys Solutions as Payment Exchange Provider

ROCKWALL, Texas--(BUSINESS WIRE)--Aptys Solutions, a payments network provider for financial institutions nationwide, offering the industry's only unified platform to support all aspects of payment processing, announced today that Southlake, Texas-based Mainstay Group, a management consulting company whose unique expertise in revenue enhancement and cost reduction drives significant benefits for their clients in the financial industry, has chosen Aptys Solutions as their ASP payment exchange solutions provider.

“PayLOGICS’ payment exchange technology gives us the agile tools needed to offer financial institutions the ability both to reach any business anywhere and to offer a level of convenience and service never before possible”

Through their unique perspective working with FIs to improve payment processing and workflows, Mainstay Group saw a need in the marketplace for an “agnostic” payment exchange solution that would allow financial institutions to leverage a single solution and partner for ICL, ACH, wire, and mobile payments. Aptys Solutions’ commitment to delivering innovative payment solutions to the financial industry was a deciding factor for Mainstay Group when choosing Aptys’ unified platform, PayLOGICS, as their technology of choice. PayLOGICS is a flexible, scalable solution that fit all of their needs, offering technology using one unified platform that automatically applies least-cost routing, enabling FIs to take advantage of economies of scale and drive out costs for clearing transactions.

“PayLOGICS’ payment exchange technology gives us the agile tools needed to offer financial institutions the ability both to reach any business anywhere and to offer a level of convenience and service never before possible,” said Mike Manila, a managing director of Mainstay Group.

“Through this strategic relationship with Mainstay Group, Aptys is extremely pleased to be able to provide more financial institutions with the tools and resources needed to not only bridge the gap from legacy technologies but to also create new offerings for bank customers,” added Sean Pennock, president of Aptys Solutions.

About Mainstay Group

Mainstay Group, LLC, based in Southlake, Texas, is a management consulting company with extensive experience in the payments system, treasury management, operations and technology arenas. The consulting team is an experienced group of senior banking and consulting executives with a proven track record for delivering exceptional results. For more information, visit www.mainstaygroupllc.com.

About Aptys Solutions

Rockwall, Texas-based Aptys Solutions provides financial institutions with a unified platform to support all methods of payment including image exchange, ACH processing, wire processing, payments archive, Federal Reserve messages, least cost routing, in-network exchange (INEX) payment processing and mobile payments, among others. By providing financial institutions with a single point of entry for all payment solutions, Aptys helps increase overall efficiencies while reducing expenses associated with managing multiple vendor relationships. For more information, visit www.aptyssolutions.com.