Altamedius to supply micro payment software to Germany's HVB Group

Altamedius (formerly Artic Web), a provider of payment intermediation technology, has announced a software supply agreement with German based bank HypoVereinsbank (HVB Group).

Under the agreement, Dublin company Altamedius will supply it modular payment intermediation platform to HVB Group, enabling the bank to launch a suite of next generation payment services over internet and mobile channels.