Arya, an intelligent, open architecture digital services platform for both personal and business account holders, today revealed new business banking functionalities, including business bill pay and cash management services that support positive pay. 

Arya is a fully integrated digital banking platform, combining both mobile banking and digital banking with built-in features, including a full suite of cash management services. The consolidation of mobile banking and digital banking provides business users with a complete view of their accounts through the solution’s powerful analytics tools. For business account holders, ACH disbursements and wire transfers can be easily managed through the comprehensive platform. Account holders can also leverage Arya’s positive pay service to increase productivity and monitor for fraud while Arya’s bill pay function delivers a fast, convenient and secure option for transacting business payments. Corporate account holders can easily set up automated payments and expedite payments if needed. Additionally, with Arya’s user management features, businesses can delegate appropriate access for employees to operate efficiently and securely while maintaining control.

Arya also offers a full suite of commercial remote deposit capture capabilities, allowing business account holders to deposit checks within the platform and streamline business operations. The system’s remote deposit capture functionality includes a multi-location feature, which enables business account holders to track the location of employee transactions. Account holders can also deposit multiple checks within the same session, eliminating the costly accumulation of fees for several deposited checks. 

Launched earlier this year, Arya allows financial institutions to consolidate their online banking, mobile banking and mobile deposit applications without time-consuming and costly integrations. The platform, which seamlessly integrates into any core banking solution, is designed to adapt to changing technology and demands from today’s account holders without added costs. This enables financial institutions to take advantage of the latest applications on the market without the headache and cost of product development. 

“Arya’s digital banking features are ideal for business account holders, offering an easier and more cost-effective approach to banking by providing important services at their fingertips,” said Murthy Veeraghanta, chairman and CEO of VSoft. “New technology and innovations have shaped businesses’ expectations of how their financial institution should support their banking needs. With Arya, financial institutions can streamline multiple banking channels under a single access point, which makes it easier for businesses to manage their finances in one place and utilize administrative controls over employee roles and restrictions.”