CashTech Secures Andhra Bank Deal
CashTech Solutions India has announced that Andhra Bank has implemented its cash management product CashIn – Collections. The move facilitates the bank’s launch of its cash management service, AB Cashtrack. According to CashTech, CashIn will enable Andhra Bank to provide its corporate clients with a host of value-added cash management services and improve collection of receivables from all over the country. Separately, The Banker Magazine has awarded CashTech Solutions India ‘The Banker Technology Award 2003’ in the Payments and Cash Management category. According the magazine, the award recognizes the innovation and excellence of technical applications and services for the front, middle, and back-office of financial services.