January 8, 2010 (FinancialWire) — Fundtech Ltd. (NASDAQ: FNDT), a market leader in global transaction banking solutions, said a top 20 global Bank has extended its Fundtech relationship by signing a strategic contract for a multi-year roll out its Global PAYplus payments solution.

This implementation of Global PAYplus will initially focus on two operating regions and ultimately support global payment operations.

Global PAYplus is a rule-based and highly scalable payments platform which supports multiple payment types across domestic and international payment operations allowing consolidation, while at the same time, significantly improving straight through processing . Available Global PAYplus components include: high value payments, mass payments, SEPA, liquidity management, UK faster payments, customer payments hub, and STP Accelerator.

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