Exela Technologies, Inc. expanded its 30-year relationship with a tier one global bank by adding mobile payment processing. Company customer currently uses Exela for payments, fraud detection and mortgage processing. This multi-year XBP contract will be included in ITPS, Exela's large reporting segment.

Exela's exchange for bills and payment solutions can be deployed to bridge the gap between traditional and digital banking providing choice and scale. The mobile solution will fully manage mobile payments conforming to rules and best practices from Pay.UK, the UK's primary payments body.