Tenet Fintech Group Inc. announced that it has signed a new agreement with the Industrial Bank Co. Ltd. ("CIB") to add payment processing, financing and other Cubeler® Business Hub related services to their existing service agreement following a tighter integration of the Cubeler® Business Hub's Gold River module to CIB's systems. While Tenet's original agreement with CIB involved a certain level of system integration to allow the Cubeler® Business Hub to share and send data to CIB's systems to allow for the opening of the bank accounts and to grant Tenet oversight of the bank accounts, the level of information flowing from CIB's systems back to the Cubeler® Business Hub was very limited. The tighter system integration between the parties now allows for more information to flow in both directions, which in turn allows for the additional services to be provided.
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