Electronic bill presentment and payment

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/Electronic bill presentment and payment

South African banks roll out nationwide e-billing and payment service

Bank-owned clearing house BankservAfrica has teamed up with vendor ebpSource to launch a South Africa-wide electronic billing and payment service.

/Electronic bill presentment and payment

Italian utility Enel connects to EBA Clearing MyBank

Italian utility giant Enel has connected to EBA Clearing's MyBank service, offering customers the option to pay their gas and electricity bills from within a bank Web site.

/Electronic bill presentment and payment

Bill.com raises $38m

Bill.com, a bill payment, invoicing and cash flow management specialist, has closed a $38 million funding round led by Scale Venture Partners and joined by industry giants including BofA and American Express.

/Electronic bill presentment and payment

CommBank Kaching adds Bpay QR code reader and card and PIN activation

Commonwealth Bank of Australia has released a Bpay QR code reader and card PIN and activation functionality for its popular CommBank Kaching app for iPhone.

/Electronic bill presentment and payment

Finland trails Nordics in e-invoicing uptake

Finland is trailing well behind its fellow Nordic countries in the adoption of electronic invoicing for consumer billing, according to a study from vendor Itella Information.

/Electronic bill presentment and payment

ECB seeks to improve online payments security

The European Central Bank has outlined plans to improve the security of Internet payments, requiring firms to beef up their customer authentication processes.

/Electronic bill presentment and payment

ACI agrees Online Resources acquisition

ACI Worldwide has agreed to buy online banking and bill payments specialist Online Resources in an all cash deal for $3.85 per share.

/Electronic bill presentment and payment

US Bank to offer Mobile Photo Bill Pay

US Bank is to use technology from Mitek to enable consumers to set up bill payments by simply snapping a picture of their paper bill using their camera-enabled smartphone or tablet.

/Electronic bill presentment and payment

VocaLink reportedly sounding out investors for new mobile bill service

The UK's VocaLink is seeking funding to create a new company that will focus on the development of technology for mobile-enabled electronic bill presentment and payment services for utilities and small businesses, according to Sky News.

/Electronic bill presentment and payment

Hong Kong builds e-bill system; ponders NFC m-payments infrastructure

The Hong Kong Monetary Authority (HKMA) has laid out plans for an electronic bill system and promised to explore the creation of an interoperable NFC mobile payment infrastructure.

/Electronic bill presentment and payment

Live: EBAday 2012, day one

Payments professionals from banks across Europe are gathering in Edinburgh this week for EBAday, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

/Electronic bill presentment and payment

Canadian govt told to take m-payments lead; banks seen as barrier to innovation

Canada's government must work with the private sector to develop a mobile money ecosystem as part of a wider overhaul of the country's payments infrastructure that could save C$32 billion a year in productivity gains, claims a task force report commissioned by finance minister Jim Flaherty.

/Electronic bill presentment and payment

Citi slaps down Bank 2.0 rivals in Innotribe face-off

Financial heavyweight Citi has faced off a challenge to old-bank hegemony with a powerful display of its technological prowess that knocked the wind out of a room-full of Bank 2.0 innovation gurus and digital evangelists at an Innotribe session at Sibos in Toronto.

/Electronic bill presentment and payment

PayPal makes e-invoicing play

PayPal is introducing a range of e-invoicing APIs that businesses can access directly from their applications.

/Electronic bill presentment and payment

EBADay 2011 highlights from Madrid

Missed EBADay this year, or just want to re-live it? Watch the highlights video now.

/Electronic bill presentment and payment

OCBC introduces 'scan and pay' Android app

Singapore's Oversea-Chinese Banking Corporation (OCBC) has unveiled an Android application that lets users scan barcodes to obtain billing details and make payments from their accounts.

/Electronic bill presentment and payment

More than M-Pesa, African banking gears itself for growth

Oti Ikomi, senior VP at Ecobank, a South African-based, pan-African banking group, talks with Finextra about the rise of the middle class in Africa and its affects on the continent's banking industry at Fundtech Insights 2011 in London.

/Electronic bill presentment and payment

Lack of standards hindering European e-invoicing take up - survey

Over a third of big businesses in Europe are shying away from electronic invoicing because of a perceived complexity and lack of standards, according to a survey commissioned by vendor Iron Mountain.

/Electronic bill presentment and payment

Citi to beta bill payment aggregator Manilla

Citibank is to participate in a beta roll-out of Manilla, a free personal account management service that helps consumers securely manage all of their household accounts including bills, finances, travel rewards programs and subscriptions in one place online.

/Electronic bill presentment and payment

EC pushes e-invoicing adoption

The European Commission has set out a series of actions designed to encourage broad-scale adoption of electronic invoicing by 2020.