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Bank Systems & Technology December 1, 2006 Maria Bruno-Britz |
Corporates Want Standardized Remittance Data in Wire Transfers Businesses would be more likely to choose wire transfers for electronic payments if they were provided with more-standardized remittance information with wire payments, according to a joint study by The Clearing House Payments Company and the Federal Reserve Bank. |
U.S. Banker April 2010 Glen Fest |
A Real Live Wire Corporate treasurers celebrate enhanced remittance data coming to B2B wires, but worry banks might be slow to change. |
Bank Systems & Technology September 27, 2004 Peggy Bresnick Kendler |
Clearing and Settlement Technology can be a powerful ally for banks looking to streamline their clearing and settlement processes and mitigate settlement risk. But to effectively compete in the global arena, financial institutions will have to adopt standards and work together. |
Bank Systems & Technology July 5, 2004 |
CHIPS Extends Hours In order to maximize liquidity for participating financial institutions, the Clearing House Interbank Payment System (CHIPS) extended its processing hours to overlap the business hours in Asia |
Bank Systems & Technology February 1, 2007 Nancy Feig |
Financial Institutions Must Treat Payments Processing as a Business Line to Gain Competitive Differentiation As competition in the payments space continues to heat up, more and more banks will take an enterprise-wide view of the payments business and corresponding technology. |
Bank Technology News June 2001 Patricia A. Murphy |
New Push to Cut Paper Intensifies The checkless society is a fallacy, but slowly payments are going electronic... |
Bank Systems & Technology March 10, 2004 Deena M. Amato-McCoy |
WesPay/Clearing House Deal Aims For Integrated Payments Structure Processors seek economies of scale as payments landscape undergoes transformation. |
Bank Systems & Technology October 1, 2007 Maria Bruno-Britz |
U.K. Faster Payments to Change Payments World Some experts see Faster Payments as a model for the rest of the world. |
Bank Systems & Technology February 1, 2007 Esther Pigg |
Meeting the Corporate Challenge With corporate customers challenging their financial institutions to provide a more-integrated, end-to-end array of payments origination, information management, clearing and dispute resolution solutions, 2007 will be an exciting time in the U.S. payments industry. |
Bank Systems & Technology May 24, 2007 Maria Bruno-Britz |
BITS Payments Committee Moved To The Clearing House The new move by the global payments clearing and settlement organization will create a more unified forum for addressing payments issues. |
Bank Systems & Technology November 30, 2004 Cynthia Ramsaran |
Legacy: To Be or Not to Be in the Way Analyst says bankers are holding back real-time banking, not legacy systems. |
Bank Systems & Technology March 30, 2007 Maria Bruno-Britz |
Aite Urges Consolidation of Wire and ACH Systems A new study says convergence of wire transfer and ACH will lead to efficiency and cost savings for banks and their commercial clients. |
Bank Systems & Technology February 1, 2007 Craig Vaream |
Electronification Is the Future In the coming year, it is clear that electronification will be the path to payments prosperity for both corporates and financial institutions alike. |
Bank Systems & Technology December 1, 2006 Phil Britt |
Banks to Allow E-Bill Pay Customers to Pay With Cards The growing popularity of online bill payment services presents a revenue opportunity for banks. |
Bank Systems & Technology February 1, 2007 Nancy Atkinson |
Aite Group: Wholesale Payments to Become More Electronified in 2007 In 2007, the B2B or wholesale payments industry will show greater movement toward e-payments this year. Financial institutions and the vendors that support them will concentrate on three key opportunities. |
U.S. Banker November 2001 Robert A. Bennett |
Fed on the Defensive The Federal Reserve is a dignified institution and its mentality is not that of a street fighter. But that's what it must become if it is to succeed in battling the private sector for dominance of the electronics payments system... |
Wall Street & Technology March 19, 2007 |
A Few Common Clearing Service Providers The DTC is a member of the U.S. Federal Reserve System... The Fedwire Funds Service provides a real-time gross settlement system... The Fedwire Securities Service consists of a safekeeping function... |
Bank Systems & Technology June 8, 2007 Nancy Feig |
Banks Need To Engage Corporate Customers To Provide Payment Solutions Banks and commercial customers need to work together to develop meaningful payments standards. |
Finance & Development March 1, 2002 Christine M. Cumming |
September 11 and the U.S. Payment System What lessons can we draw from September 11 to help us safeguard the financial system against possible future disasters? |
Bank Systems & Technology October 30, 2007 Richard Winston |
Mobile Wallet Will Take Time to Mature In U.S. Contactless payments are a transitional technology on the way to the anticipated wallet phone. |
Bank Technology News February 1, 2008 Glen Fest |
Vying for Dominance The decision to archive checks from 1,600 small and regional banks with Viewpointe gives a huge boost to the image share technology, and is the latest chapter in a struggle between the rival image technologies: image share and image exchange. |
Bank Systems & Technology August 30, 2005 Ivan Schneider |
The United Banks of Europe How do you take the payments networks of 25 European Union countries - each with its own set of banking institutions, regulators and laws - and knit them together for clearing and settlement? Very carefully. |
Bank Systems & Technology September 28, 2007 Maria Bruno-Britz |
Transaction Processing Not Enough to Succeed In Commercial Banking Banks will need to move away from the transaction processing model to become the advisers of choice for their corporates. |
Bank Systems & Technology October 28, 2004 |
One Question For: Imre Mentsik, Bank Austria Creditanstalt How is your organization aiming to achieve leadership in cross-border payments processing? |
Bank Systems & Technology February 27, 2006 Maria Bruno-Britz |
Stepping Closer to SEPA The Single European Payments Area will allow 500 million European Union citizens to purchase goods and services using the same direct debit product in any EU country. |
The Motley Fool September 26, 2007 Ryan Fuhrmann |
Foolish Forecast: The Ledger on Global Payments In advance of Global Payments first-quarter results, analysts hope the payment processor firm has overcome the growth concerns of the past year. |
Bank Systems & Technology April 25, 2008 Nancy Feig |
Enterprise Payments Architectures Are Gaining Ground at Banks The aim of an enterprise payments architecture is to leverage technologies and services across the payments business and throughout the entire organization. |
Bank Technology News March 2007 Glen Fest |
Image Exchange: Imaging: Are Happy Days Here at Last? Image-cleared checks have exceeded substitute items, and are expected to surpass paper-check volume by the end of the year. |
FDIC FYI May 25, 2004 Neil Murphy |
The Impact on U.S. Banking of Payment System Changes Although the much-heralded check-less society has yet to arrive, major changes are underway in retail non-cash payment systems. Today's issue of FYI surveys the implications of the rising use of electronic payments. |
Bank Systems & Technology March 30, 2004 Ivan Schneider |
One Bank, One Technology Architecture Deutsche Bank to launch multicurrency automated payments platform by year's end. |
U.S. Banker August 2001 Mark Bruno |
First Data Gets a NYCE Chunk of E-Payments Biz The biggest player in the traditional payments industry, First Data made it plain it wants to be the biggest in the electronic payments field as well. |
Bank Systems & Technology October 16, 2008 Peggy Bresnick Kendler |
Jack Henry Expands Electronic Bill Payment Options Its new NetTeller Bill Pay online bill payment solution includes guaranteed bill payments by ACH and expedited overnight check delivery. |
Bank Systems & Technology May 6, 2004 Cynthia Ramsaran |
2004 Fed Forecast: Enhanced Electronic Payments Claudia S. Swendseid, SVP of the Fed's Financial Services Policy Committee, spoke about the organization's goals for 2004 and what it is currently doing to move the financial services industry gracefully from paper to electronic checks. |
Bank Systems & Technology July 29, 2008 Deena M. Amato-McCoy |
Experts Foresee Boom in Payment Service Hubs Payment service hubs could help banks overcome the traditional silos separating payments solutions and promote efficiency. |
U.S. Banker April 2009 Glen Fest |
Is BofA/ Wells Venture a Threat to ACH Network? A forthcoming joint payments venture between Wells Fargo and Bank of America, through which both banks will share a platform to process their automated clearing house transactions, continues to percolate debate. |
Bank Systems & Technology August 30, 2005 Maria Bruno-Britz |
Commercial Payments: From Many, One All the major players - banks, corporations, regulators and vendors - are attempting to standardize and simplify the commercial payments process. But, everyone seems to have a different idea as to the best way to do so. |
Bank Systems & Technology September 27, 2004 Jacob Jegher |
Collaboration Conundrum As markets become increasingly global, however, there is a pressing need to fulfill the requirements of corporations participating in cross-border trade and the financial institutions that serve them. |
Bank Technology News July 2008 Shari Krikorian |
B2B Payments Face Major Transformation Across the globe, market forces such as innovation, the need for efficient cash flow management models, cross-border trade and new industry standards are shaping the future of the B2B payments industry. |
Bank Technology News April 1, 2008 Glen Fest |
Processors Face `Alternative' Dilemma The emergence of online alternative payments poses a dilemma for acquirers that don't want to lose the better revenue from card processing, and who would rather not go out on a limb to pick winners among the burgeoning field of alternative payment providers. |
Bank Systems & Technology February 10, 2004 Cynthia Ramsaran |
Rock, Scissors, Plastic There will be a rise in plastic payments in 2004 because of the availability of more merchants accepting credit, analysts say. |
Bank Systems & Technology April 12, 2010 Penny Crosman |
Payments Startup Aptys Supports ACH, Wire, Check Images The new Aptys platform PayHub will give correspondents one platform to offer payments of all types to community bank clients. |
Bank Technology News July 2006 John Adams |
Electronic Billing: Partners in Payments Creditron and MyOnlineBill.com join forces to tap the small volume market. |
Bank Systems & Technology November 1, 2006 Nancy Feig |
Digital Insight, Metavante Deal Enhances Payments Landscape with a2a Transfers Capabilities The NYCE-enabled functionality expands Digital Insight's (Calabasas, Calif.) payments capabilities and provides online banking users with faster and more-flexible fund transfers and person-to-person payment options. |
Bank Systems & Technology March 30, 2004 Ivan Schneider |
The End of the Payments Business Moving money is easy. Providing risk, liquidity and information? Now, that's banking! |
Bank Systems & Technology September 30, 2006 Maria Bruno-Britz |
Speaking the Same Language Banks are faced with a dilemma around the extent to which they should remain in the payments business. |
Bank Systems & Technology November 5, 2009 Maria Bruno-Britz |
News From BAI: S1, FIS Use Paypal for P2P Payments Both companies will offer similar person-to-person payments that leverages PayPal's global network. |
Bank Systems & Technology January 5, 2009 Charles Kohler |
Banks In Europe Must Turn Attention to PSD Financial institutions are relying on payment processing as a principal profit driver. However, many European payments providers will find this core transaction banking business under intense pressure from the requirements of the Single Euro Payments Area and the Payment Services Directive. |
National Real Estate Investor July 1, 2006 David Cardwell |
Electronic Payments Accelerate Cash Flow Adept property managers are encouraging the use of electronic payments and customizing options to meet residents' needs. Electronic payments help close new business faster, accelerate the availability of funds, reduce delinquencies, and enhance security. |
Bank Technology News March 2010 John Adams |
Slipping A Card Into The Payments Chain For all the money that bank IT departments are pouring into treasury management innovation, a lack of corporate tech literacy and a strategic disparity between buyers and sellers anchors many corporations to an old school B-to-B paradigm dominated by paper checks. |
The Motley Fool October 12, 2010 Matt Koppenheffer |
Global Payments Shares Plunged: What You Need to Know Shares of payment processor Global Payments slipped more than 10% in intraday trading as investors digested worse-than-expected earnings. |