- Exela Technologies (NASDAQ:XELA) has expanded an existing relationship with Mastercard in the EMEA region to support the automation of Giro payments and processing in Norway utilizing Exela’s XBP platform.
- The company to develop and deploy a new, innovative solution using optical/intelligent character reading to automate the content extraction of payment documents in the Brevgiro service in Norway.
- As part of this solution Exela will also provide automated signature verification of payment transactions.
- This solution will be used to process over 11M Giro payments in Norway.
- Shares are up 4.07% PM.