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Harland acquires uMonitor
LAKE MARY, Fla. (12/10/10)--Financial services technology firm Harland Financial Solutions has increased its presence in the online and electronic payments marketplace with the acquisition of Tennessee-based uMonitor. Harland Financial said it will immediately begin integrating uMonitor’s solutions into its existing core, lending, mortgage, branch automation, Internet and mobile banking offerings. uMonitor solutions allow financial institutions to provide services online, in branches and at call centers. Services include new account opening and funding to account-to-account money transfers, person-to-person payments, account and adviser-client relationship management, and bill presentment and payment. Harland Financial said it will continue to operate both uMonitor’s main office in Memphis, Tenn. and its development office in Trivandrum, India. Harland Financial Solutions President Raj Shivdasani said that uMonitor’s products and services are an ideal complement to those of Harland Financial Solutions. “We now offer end-to-end banking, from back office to consumer facing systems, while maintaining the financial institution's brand and involvement in the transaction,” Shivdasani said.


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