Case Study: a leading bank modernizes wire payment workflows with AgreeYa Solutions

Leading Bank - Customer Case Study

The customer, a leading bank based in Arizona, sought to modernize its wire payment infrastructure to expand market share by increasing transfer volumes through multiple client channels. The bank needed a solution that could integrate seamlessly with its existing platform while meeting strict compliance and real-time security requirements. To address this challenge, they partnered with technology vendor AgreeYa Solutions.

AgreeYa implemented a comprehensive solution leveraging Volante's Volpay, MuleSoft's API integration, and Fiserv's EPP platform. This re-engineered the entire wire payment workflow, enabling bulk payments, real-time OFAC screening, and robust fraud detection. The results for the bank were significant, including the elimination of payment errors, a 40% reduction in total cost of ownership, and a resilient, future-ready system. AgreeYa delivered a secure and efficient platform that transformed the bank's operations and improved its profit margins.