BankServ, engaged in electronic payments, has introduced its TurboSwift Corporate Suite, a fully-hosted electronic messaging solution that enables corporations worldwide to make international payments and other financial transactions more secure and less expensive.
According to the company, the TurboSwift Corporate Suite combines the support and speed of a Swift service bureau model with an all-in-one solution providing essential payment mapping and bulk messaging capabilities to improve operations and cash management.
The company claims that the TurboSwift Corporate Suite allows corporations to access the Swift network without having to set up and maintain their own connection – gaining the benefits of Swift access with none of the headaches and costs.
Mary Putnam, vice president and general manager for international at BankServ, said: BankServ’s TurboSwift Corporate Suite connects any corporation to Swift, removing the technical headaches and high costs associated with setting-up an in-house connection. The TurboSwift Corporate Suite also enables integration with existing front- and back-office systems related to critical payment and treasury operations.