IRVING, Texas, Jan. 12, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA) today announced it has expanded an existing relationship with Mastercard in the EMEA region to support the automation of Giro payments and processing in Norway utilizing Exela’s XBP platform.
Exela will develop and deploy a new, innovative solution using optical/intelligent character reading to automate the content extraction of payment documents in the Brevgiro service in Norway. As part of this solution Exela will also provide automated signature verification of payment transactions. This solution will be used to process over 11 million Giro payments in Norway.
“We are proud to continue developing our partnership with Mastercard and look forward to servicing the entire Norwegian Giro payments market,” said Vitalie Robu, president of Exela EMEA, adding “this solution is part of our global XBP rollout.”
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About Exela Technologies
Exela Technologies is a business process automation (BPA) leader, leveraging a global footprint and proprietary technology to provide digital transformation solutions enhancing quality, productivity, and end-user experience. With decades of experience operating mission-critical processes, Exela serves a growing roster of more than 4,000 customers throughout 50 countries, including over 60% of the Fortune® 100. Utilizing foundational technologies spanning information management, workflow automation, and integrated communications, Exela’s software and services include multi-industry, departmental solution suites addressing finance and accounting, human capital management, and legal management, as well as industry-specific solutions for banking, healthcare, insurance, and the public sector. Through cloud-enabled platforms, built on a configurable stack of automation modules, and over 17,500 employees operating in 23 countries, Exela rapidly deploys integrated technology and operations as an end-to-end digital journey partner.
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Source: Exela Technologies, Inc.
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