{"id":415097,"date":"2021-01-14T10:03:59","date_gmt":"2021-01-14T15:03:59","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=415097"},"modified":"2021-01-14T10:03:59","modified_gmt":"2021-01-14T15:03:59","slug":"vantage-bank-texas-selects-cgi-for-payments-system-modernization","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\/","title":{"rendered":"Vantage Bank Texas Selects CGI for Payments System Modernization"},"content":{"rendered":"

<\/p>\n

Vantage Bank Texas Selects CGI for Payments System Modernization<\/b><\/p>\n

CGI All Payments solution will provide future-ready digital platform for payments systems<\/i><\/p>\n

FAIRFAX, Va.–(BUSINESS WIRE<\/a>)–
\nCGI (NYSE: GIB) (TSX: GIB.A) today announced Texas-based Vantage Bank<\/a> Texas has deployed CGI All Payments<\/a> as part of the community bank\u2019s digital transformation.\n<\/p>\n

\nCGI All Payments (APS) will underpin the Bank\u2019s cloud-based digital modernization journey. APS replaces Vantage Bank\u2019s legacy FedWire and ACH processing solutions, as well as positions the bank for real-time payments. This move will enable the bank to focus on differentiating their business offerings in order to meet their strategic growth objectives, while realizing unrivalled levels of service, availability, agility and most importantly, security from the CGI All Payments service in Microsoft Azure.\n<\/p>\n

\nVantage Bank\u2019s transformation, like many other financial institutions, started with the need to replace aging and costly legacy solutions, at the same time positioning itself for future business growth. CGI worked closely with Vantage Bank Texas to define a plan of action to meet their short and long term needs. Four months after selecting CGI, Vantage Bank Texas is live with CGI All Payments.\n<\/p>\n

\n\u201cOur customers expect a better user experience. To deliver on those expectations, we partnered with CGI to improve efficiencies in payments processing with a modern, flexible solution,\u201d said Shawn Main, Chief Business Architect at Vantage Bank Texas. \u201cThe goal of the project is to future-proof our payment systems while offering customers a wider range of payment and transfer options.\u201d\n<\/p>\n

\n\u201cPayments are the foundation that every bank is built upon, and getting it right is critical. Choosing the right platform \u2013 a payment services hub that is modern, flexible, scalable \u2013 is fundamental to a bank achieving their growth strategy,\u201d states Gareth Lodge, Senior Analyst, Celent. \u201cUtilizing it then in the cloud can accelerate and multiply the benefits.\u201d\n<\/p>\n

\n\u201cThe increasing demand among financial customers for highly personalized data and payment options across a growing array of digital channels is challenging bank legacy systems,\u201d said Robert Coakley, Vice-President of Payments Solutions at CGI. \u201cWhether the goal is to deliver distinctive payments experiences, provide real-time payment options or meet compliance mandates, we are working side-by-side with global financial institutions and vital community banks, like Vantage Bank Texas, to chart a path forward for payments transformation solutions that are fully vetted for security and compliance across all platforms including public cloud.\u201d\n<\/p>\n

About CGI All Payments<\/b><\/p>\n

\nCGI All Payments is a modern, modular solution built on global industry standards to ensure banks\u2019 payments business is future-proof. It helps banks to increase revenue by reducing transaction costs and time to market for new revenue streams. A bank\u2019s customers also benefit from a wide range of payment choices and the ability to transfer and receive funds 24\/7\/365. As an integrated software platform for processing real-time, wire and ACH payments, CGI All Payments\u2019 built-in workflow engine helps automate the processing of payment transactions to reduce manual processing while improving straight-through processing (STP) rates across all payment types.\n<\/p>\n

About CGI<\/b><\/p>\n

\nFounded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 76,000 consultants and other professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2020 reported revenue is C$12.16 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210114005284\/en\/<\/a><\/span><\/p>\n

\nAlison Hallett
\n
Vice-President, U.S. Communications, CGI
\n
alison.hallett@cgi.com
\n<\/a>
+1 703-267-5915\n<\/p>\n

KEYWORDS:<\/b> Virginia Louisiana Texas United States North America Canada<\/p>\n

INDUSTRY KEYWORDS:<\/b> Finance Banking Professional Services Technology Software<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Vantage Bank Texas Selects CGI for Payments System Modernization CGI All Payments solution will provide future-ready digital platform for payments systems FAIRFAX, Va.–(BUSINESS WIRE)– CGI (NYSE: GIB) (TSX: GIB.A) today announced Texas-based Vantage Bank Texas has deployed CGI All Payments as part of the community bank\u2019s digital transformation. CGI All Payments (APS) will underpin the Bank\u2019s cloud-based digital modernization journey. APS replaces Vantage Bank\u2019s legacy FedWire and ACH processing solutions, as well as positions the bank for real-time payments. This move will enable the bank to focus on differentiating their business offerings in order to meet their strategic growth objectives, while realizing unrivalled levels of service, availability, agility and most importantly, security from the CGI All Payments service in Microsoft … <\/p>\n

Continue reading “Vantage Bank Texas Selects CGI for Payments System Modernization”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-415097","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nVantage Bank Texas Selects CGI for Payments System Modernization - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vantage Bank Texas Selects CGI for Payments System Modernization - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Vantage Bank Texas Selects CGI for Payments System Modernization CGI All Payments solution will provide future-ready digital platform for payments systems FAIRFAX, Va.–(BUSINESS WIRE)– CGI (NYSE: GIB) (TSX: GIB.A) today announced Texas-based Vantage Bank Texas has deployed CGI All Payments as part of the community bank\u2019s digital transformation. CGI All Payments (APS) will underpin the Bank\u2019s cloud-based digital modernization journey. APS replaces Vantage Bank\u2019s legacy FedWire and ACH processing solutions, as well as positions the bank for real-time payments. This move will enable the bank to focus on differentiating their business offerings in order to meet their strategic growth objectives, while realizing unrivalled levels of service, availability, agility and most importantly, security from the CGI All Payments service in Microsoft … Continue reading "Vantage Bank Texas Selects CGI for Payments System Modernization"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-14T15:03:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210114005284r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Vantage Bank Texas Selects CGI for Payments System Modernization\",\"datePublished\":\"2021-01-14T15:03:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\\\/\"},\"wordCount\":657,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20210114005284r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\\\/\",\"name\":\"Vantage Bank Texas Selects CGI for Payments System Modernization - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20210114005284r1&sid=flmnd&distro=nx&lang=en\",\"datePublished\":\"2021-01-14T15:03:59+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\\\/#primaryimage\",\"url\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20210114005284r1&sid=flmnd&distro=nx&lang=en\",\"contentUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20210114005284r1&sid=flmnd&distro=nx&lang=en\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Vantage Bank Texas Selects CGI for Payments System Modernization\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Vantage Bank Texas Selects CGI for Payments System Modernization - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\/","og_locale":"en_US","og_type":"article","og_title":"Vantage Bank Texas Selects CGI for Payments System Modernization - Market Newsdesk","og_description":"Vantage Bank Texas Selects CGI for Payments System Modernization CGI All Payments solution will provide future-ready digital platform for payments systems FAIRFAX, Va.–(BUSINESS WIRE)– CGI (NYSE: GIB) (TSX: GIB.A) today announced Texas-based Vantage Bank Texas has deployed CGI All Payments as part of the community bank\u2019s digital transformation. CGI All Payments (APS) will underpin the Bank\u2019s cloud-based digital modernization journey. APS replaces Vantage Bank\u2019s legacy FedWire and ACH processing solutions, as well as positions the bank for real-time payments. This move will enable the bank to focus on differentiating their business offerings in order to meet their strategic growth objectives, while realizing unrivalled levels of service, availability, agility and most importantly, security from the CGI All Payments service in Microsoft … Continue reading \"Vantage Bank Texas Selects CGI for Payments System Modernization\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-14T15:03:59+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210114005284r1&sid=flmnd&distro=nx&lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Vantage Bank Texas Selects CGI for Payments System Modernization","datePublished":"2021-01-14T15:03:59+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\/"},"wordCount":657,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210114005284r1&sid=flmnd&distro=nx&lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\/","name":"Vantage Bank Texas Selects CGI for Payments System Modernization - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210114005284r1&sid=flmnd&distro=nx&lang=en","datePublished":"2021-01-14T15:03:59+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\/#primaryimage","url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210114005284r1&sid=flmnd&distro=nx&lang=en","contentUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210114005284r1&sid=flmnd&distro=nx&lang=en"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-bank-texas-selects-cgi-for-payments-system-modernization\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Vantage Bank Texas Selects CGI for Payments System Modernization"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/415097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=415097"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/415097\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=415097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=415097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=415097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}