JP Morgan, Fundtech Sign FX Deal

JP Morgan Treasury Services, a full-service provider of cash management, trade finance and treasury solutions, has entered a partnership with Fundtech to offer enhanced FX and cross-border payment services.

JP Morgan Treasury Services, a full-service provider of cash management, trade finance and treasury solutions, has entered a partnership with Fundtech to offer enhanced FX and cross-border payment services. Through the deal, JP Morgan will be able to provide an integrated international payments service to banks using Fundtech’s PAYplus USA.

PAYplus USA offers end-to-end processing for domestic wires. As part of the partnership, Fundtech clients will be able to access a variety of services, including FX in over 135 currencies, and U.S. Dollar Clearing’s complete suite of international commercial payment capabilities.

Click here for the release from Business Wire.