Toronto, Canada – December 12, 2007: Portfolio+ Inc. is pleased to announce that DirectCash Management Inc. (“DirectCash”) has chosen the Portfolio Plus banking platform to facilitate and expand its existing transaction processing capabilities.
“We’re going to leverage our market position as Canada’s largest ATM provider to deliver additional financial services to our customers,” says Susan Gallacher, VP of DirectCash Management Inc. “We needed a banking system that can accommodate our future strategy and chose Portfolio Plus to help us execute that strategy.”
Portfolio Plus offers a Plug-In BankingTM platform that is affordably priced and scalable for large or small deployments. Installations of Portfolio Plus can include modules for web banking, loans, mortgages, term deposits, investments, accounting, retail banking, CANNEX, FundSERV, ATM/POS switch interfaces, and more.
“DirectCash has been very successful and a strong market position. We are looking forward to helping them continue to deliver innovative products and services,” said G. Robert Leeming, President of Portfolio+ Inc.
DirectCash is the largest branded ATM provider in Canada operating over 5,300 ATMs coast to coast and is one of Canada’s leading providers of point of sale terminals and prepaid debit and credit card programs.
Portfolio+ Inc. connects financial institutions with customers and partners using innovative technologies. Its software solutions and open banking technology are used by financial institutions in Canada, Ireland, and the UK. With its powerful +Open Banking Platform and fully documented APIs, Portfolio+ has the power to connect banks, credit unions, and financial institutions with an evolving ecosystem of financial services technology that is putting everyday customers in control of their financial data.
Located in the Greater Toronto Area (GTA), Portfolio+ is used by 6 of the 7 largest financial institutions in Canada and is a part of Volaris Group Inc.