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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. |
Bank Technology News January 2005 John Adams |
Processing: BB&T Cashes In Its CHIPS For a Better Backstop By reducing the costs of entry, banks can hook up with CHIPS and have a viable backup that's less expensive than in the past. |
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 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 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 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 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 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 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 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 October 2010 Daniel Wolfe |
Small Business Clamors for P2P Consumers wont be the only ones with access to CashEdge's ACH payment services any longer. Bank of the West will be the first bank to offer its small-business customers an ACH payment service that could make costly wire transfers unnecessary. |
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 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 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. |
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 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 Technology News December 2009 John Adams |
Post Oak Performs a Paper-ectomy While responsibility for insuring healthcare payments has been mired in political debate that's touched all points on the national intellect curve, the virtue of automating those payments should be of little doubt. |
U.S. Banker January 2002 Mark Bruno |
IBM Moving Along with Identrus The business-to-business billing and payments industry isn't small change. Mark Greene, general manager of IBM's global banking, is well aware of this, and knows that IBM stands to make a pretty penny by getting the B2B payments business going... |
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 April 8, 2010 Penny Crosman |
NACHA Reports 18.76 Billion ACH Payments in 2009 Year-over-year transaction volume is up 2.6 percent, unauthorized debit transactions are down 9%. |
Bank Systems & Technology July 1, 2005 Phil Britt |
Payments Without Borders Mellon Financial's payment engine now allows for processing on an unlimited number of international payments, independent of foreign exchange (FX) transactions. |
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 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 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 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 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 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 March 27, 2008 Maria Bruno-Britz |
International Payments Framework Organization to Standardize Cross-Border Payments The banking industry has experimented with payments standards for years. New initiatives for cross border payments are detailed. |
Bank Systems & Technology September 27, 2004 Cynthia Ramsaran |
Wiring Funds Faster First National Bank of Arizona uses Fundtech's browser-based payment tool. |
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 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 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. |
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 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 April 28, 2008 Nancy Feig |
Banks Told to Prep for New International ACH Rules The NACHA rule and format for international ACH transactions presents both opportunities and challenges for banks. |
Bank Systems & Technology March 7, 2005 Phil Britt |
Breaking Down Barriers NACHA began 2005 with a new board that is developing a new strategic plan for The Electronic Payments Association and the ACH Network. |
Bank Systems & Technology July 23, 2009 Maria Bruno-Britz |
J.P. Morgan Introduces Total Settlement A/P Tool Total Settlement is designed to help the bank's treasury clients better connect with their suppliers. |
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 Technology News September 2008 Glen Fest |
Banks offer unified corporate portals From spend management tools to SWIFT network integration, money-center banks are quickly evolving into the one-stop corporate payments shop that their treasury clients have long demanded. |
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 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 11, 2009 Katherine Burger |
ACH Transaction Volume Grew in 4th Quarter of 2008 The number of ACH payments in the 4th quarter 2008 grew by 4.5 percent over the same period in 2007 |
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. |
Bank Systems & Technology September 17, 2008 Maria Bruno-Britz |
Banks Missing Out on $5bn Revenue Opportunity in Expedited Payments Banks will essentially lose the payments franchise to billers, says Javelin Strategy & Research, if they don't take advantage of the opportunities around expedited payments. |
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 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 March 2005 Michael Dumiak |
Managing Risk: Fifth Third Fights Scrutiny With Automation The increased focus on regulatory compliance in the new decade reverberates across the corporate world in ways large and small. At Cincinnati-based Fifth Third, it has provided the spark to automate a nineteenth-century business. |
U.S. Banker August 2010 Bob Meara |
Say Goodbye to Checks A study released in 2007 showed a 4.1 percent annual decline in check usage; don t be surprised if the next study shows usage is down by 10 percent. |
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 September 2, 2009 Maria Bruno-Britz |
Western Union Acquires Custom House The purchase will allow Western Union to expand into the B2B payments space. |