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Bank Technology News January 2010 John Adams |
Thank Payments Innovation a Bundle Like a specialist working with a primary care doctor, US Bank takes a tag-team approach to bundling commercial lending with payments and processing automation. |
Bank Technology News April 2011 John Adams |
The Opportunity is in The Partnerships An important IT focus is integrating payments into a larger platform that's evolving toward remote channels like mobile. For U.S. Bank's Ralph Berstein, the best experience in consumer-driven healthcare is one that mimics the old flash-a-single-card world that we've all been told is gone for good. |
Bank Systems & Technology May 15, 2008 Maria Bruno-Britz |
Banks Eye Opportunities in Healthcare Beyond HSAs Banks are beginning to eye opportunities in the healthcare space beyond offering health savings accounts. Fifth Third's Web-based ERA Integration service is designed to provide healthcare clients with a single, manageable data file that enables automated posting. |
Bank Technology News April 2009 Michael Sisk |
Collecting on the Healthcare Promise John Reynolds, division president, Metavante Healthcare Payment Solutions, says banks must become "a single source vendor" to succeed in the emerging healthcare payments space. |
Bank Systems & Technology February 22, 2007 Maria Bruno-Britz |
JPMorgan Chase Acquires Assets of Healthcare Remittance Provider Purchase of FisaCure will enable JPMorgan Chase to offer a broader array of services to the healthcare industry and encourage adoption of electronic payments. |
Bank Technology News May 2007 John Adams |
Healthcare: Fifth Third Wants a Healthy Future Banks are well positioned to be the nexus between payers, providers and patients. But to automate medical payment documents banks must cope with a new level of complexity. |
U.S. Banker September 2007 John Adams |
Healthcare: Banks Can Cure Docs' Payment Pains Automating healthcare-transaction documents for payers and providers is a tough nut to crack, but there's a healthy opportunity for banks with a strong payments platform. |
Bank Systems & Technology May 24, 2007 Maria Bruno-Britz |
Fifth Third, RMS To Bring Document Electronification To Healthcare Clients Fifth Third Bank signed a deal with Revenue Management Solutions to bring more automation to health care clients. |
Insurance & Technology February 2, 2006 Maria Woehr |
Aligning on Payments WellChoice and American Express have teamed to offer the American Express HealthPay Plus Card, a healthcare payment solution for participants in Empire Total Blue's consumer-directed health plan. |
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. |
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 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 February 2009 |
Unlocking The Lockbox Business B2B payments come with several pages of instructions which often lead to errors. As a result, there's demand for advanced lockbox solutions that can read these payment instructions and translate them into an easy to use electronic format. |
Bank Systems & Technology December 1, 2006 Thomas Kunz |
Keeping Payments Relevant As PNC Financial Services Group's SVP and director of payments strategies, Thomas Kunz says it is his responsibility to deliver relevant technology solutions to customers in that rapidly changing environment. |
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 February 2011 John Adams |
Analyze Payments, Get More Money Payments have always been a pipeline to the wallet, but Sandy Spring Bank plans to wield the latest data management tools and analysis to use "paying" as a window to the customer's financial services soul. |
U.S. Banker October 2006 Lee Conrad |
New Industry Index Aims to Quantify The Progress of Corporate Payments Companies still make most of their payments with paper checks, but new VICOR-commissioned research suggests a major change is afoot. Restless bankers are more than ready. |
Bank Technology News May 2006 Glen Fest |
Medical Banking: Paper Processing Is No Rx For Payments Hospitals and insurers still don't have electronic remittance issues settled despite 10-year-old HIPAA standards. Seizing the market opportunity, banks are stepping into the void. |
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. |
Insurance & Technology November 25, 2003 Greg MacSweeney |
Calif. BC Moves to E-Pay/EOB Blue Cross of California and Bank of America have co-developed a system that expedites the delivery of both payments and paperwork to healthcare providers via the Internet. |
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. |
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 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 Technology News November 2008 Glen Fest |
Bill-Pay Adoption Remains Elusive In the uphill struggle to gain both customers and revenue for banks' online bill-pay features, vendors continue to tweak their offerings with enhanced services. |
Bank Systems & Technology September 15, 2009 Maria Bruno-Britz |
Sibos News: Bank of America Introduces New Payments Hub Global PAYplus uses technology from Fundtech to help BofA's clients have a more consistent, flexible online payments experience. |
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 Technology News November 2005 Glen Fest |
HSAs: Banks May need Plastic, Not paper Insurance providers dipping their toes into flexible spending and health savings accounts favor using cards instead of paper-intensive reimbursement methods, creating opportunities to partner with financial institutions. |
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. |
Bank Systems & Technology March 30, 2004 Cynthia Ramsaran |
MasterCard Cashes In On Recurring Payments Merchants follow the card company's lead to improve their bottom lines by cutting processing costs and increasing customer retention with automatic payments. |
Bank Technology News February 2008 Michael Sisk |
Open Road Estimates on the growth of the consumer-driven health care market vary, but virtually all predict robust increases. |
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. |
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 Technology News April 2010 Karen Epper Hoffman |
P2P Tech Rollouts Are in Full Bloom When it comes to payments, several banks are ready to get a lot more personal. Whether customers are also ready is yet to be determined. |
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. |
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 Technology News March 2011 John Adams |
A Hub for New Channels Automation Hero Fundtech has developed a payment services hub solution called Global PAYplus, which provides SOA-based native support for payments that operate across multiple regions, channels and interfaces. |
Bank Systems & Technology May 4, 2005 Phil Britt |
Balancing Act There is a transition away from paper and toward electronic transactions, but banks and their corporate customers want options for making electronic payments. |
Bank Technology News March 2009 John Adams |
A New Force Down Under National Australia Bank's plotting a global effort to offer payments products to other institutions. |
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 Technology News January 2010 John Adams |
Spending on Treasury, Data and Risk: The Sun Will Shine Brightly Big banks are chasing treasury management treasure around the world, and that means lots of dollars for IT to come up with new projects and platforms to make it easier for payers and billers to access automated corporate payments. |
Bank Systems & Technology July 25, 2008 Maria Bruno-Britz |
Alacriti Introduces OrbiPay Biller Direct Software Suite To help banks collect, consolidate and process payments across the enterprise, Alacriti introduces the OrbiPay biller direct software suite. |
Bank Technology News July 2008 Glen Fest |
How Will Payments Ride Rails? When mobile payments become an everyday reality for banks - and few forecast otherwise - experts say there will be crucial business-line decisions on the suitability of ACH, ATM or card association networks for particular payments. |
Insurance & Technology August 26, 2004 Peggy Bresnick Kendler |
Smart Payment Options Card payments promise to increase consumer convenience and streamline transaction processing, but for insurers, they represent a new business - with new technology challenges. |
Bank Technology News October 2009 John Adams |
Partnering to Conquer the World The automated corporate payments world is too vast to be dominated by a single bank, and for U.S. Bank that means a strategy of collaboration and standardization is the best way to grab share. |
Bank Systems & Technology September 24, 2010 Penny Crosman |
BofA Tests Online Banking, Online Payments for Corporate Clients Online global payment hub expected to go live with entire customer base in the first quarter of 2011. |
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. |
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. |
Insurance & Technology September 5, 2006 Anthony O'Donnell |
Customer-Centric Cash Flow Insurers have continued to lag behind other industries in one of the most important contact points with customers: the exchange of funds. |
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 August 5, 2004 Vicki Gerson |
Online Bill Pay Adds to the Bottom Line Commerce Bancorp looked to Corillian to develop an online bill payment system into a profitable endeavor that improves customer satisfaction. |