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Challenges of maintaining multiple payment platforms

Why is continuing to maintain multiple payment platforms challenging for financial institutions?

In addition to the ongoing costs, maintaining multiple payment systems can lead to data inconsistencies, lack of transparency, and interruptions in the account holder journey. This can make it difficult for financial institutions to gain a complete view across their transaction ecosystems and deliver frictionless banking experiences.

Download an ebook with tips for streamlining deposit channels.


Alogent provides proven, end-to-end check payment processing, digital, online, and mobile banking, and enterprise content and information management platforms to financial institutions. Our unique approach spans the complete transaction ecosystem —capturing and digitizing transaction data, exception tracking, and automating entire transaction and loan management workflows so that information is available across the enterprise.

First published on 02/11/2024

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