PRINCETON, N.J.--(BUSINESS WIRE)--Heartland Payment Systems®, one of the nation's largest payments providers, is extending its contract with transmodus, a technology leader in remote deposit and check management automation utilizing service-oriented architecture. The contract extension runs through 2015.
"This extension with transmodus affirms our ongoing commitment to delivering the most state-of-the-art and feature-rich remote deposit capture and check management services to our clients," stated Sanford Brown, Heartland's chief sales officer. "We have worked closely with transmodus over the past few years to provide a higher level of check processing efficiency that helps businesses operate more efficiently. We look forward to continuing that and aggressively expanding our collective positions in the remote deposit capture market with the outstanding level of functionality and service our alignment and the Heartland Express FundsTM suite of products offers our customers, software and bank partners."
Express Funds is powered by transmodus and uniquely encompasses the scale and features to serve businesses of all sizes. Express Funds also supports banks looking to increase their adoption of remote deposit capture particularly in the small and mid-sized business market - as well as software partners who want to deliver remote deposit capture through their own user interfaces.
"We are pleased to extend and strengthen our relationship with Heartland. There is a vast market that is not leveraging electronic check management, and transmodus' services aligned with Heartland's sales and support offers a compelling value proposition," concluded Robert "Jay" McShirley, transmodus' chief executive officer.
About Heartland Payment Systems
Heartland Payment Systems, Inc. (NYSE: HPY), the 5th largest payments processor in the United States, delivers credit/debit/prepaid card processing, payroll, check management and payments solutions to more than 250,000 business locations nationwide. Heartland is the founding supporter of The Merchant Bill of Rights, a public advocacy initiative that educates merchants about fair credit and debit card processing practices. For more information, please visit HeartlandPaymentSystems.com, MerchantBillOfRights.com, E3Secure.com and CostOfABurger.com
About transmodus
transmodus provides an on-demand solutions platform that delivers check services automation. The company provides a complete processing platform solution for clients, collection agencies, district attorneys, and bank partners. transmodus has positioned itself as a leader by listening carefully, thinking ahead, and moving forward with purpose to provide clients and processing partners with access to the best on-demand processing solutions. transmodus is an IBM business partner.
For more information please visit http://transmodus.net
Forward-Looking Statements
This press release may contain statements of a forward-looking nature, which represent our management's beliefs and assumptions concerning future events. Forward-looking statements involve risks, uncertainties and assumptions and are based on information currently available to us. Actual results may differ materially from those expressed in the forward-looking statements due to many factors. Information concerning these factors is contained in the Company's Securities and Exchange Commission filings, including but not limited to, the Company's annual report on Form 10-K, or Form 10-Q as applicable. We undertake no obligation to update any forward-looking statements to reflect events or circumstances that may arise after the date of this release.
