512 articles tagged with this keyword
News/Electronic bill presentment and payment
Bank of America has re-negotiated a payment processing contract with Fiserv's CheckFree subsidiary, leading the vendor to cut its 2008 forecast.
01 May 2008
US e-payments association Nacha has launched an electronic bill delivery service utilising the Automated Clearing House (ACH) Network.
15 April 2008
Corporate standards body Twist says Barclays has become the first UK financial services firm to use its bank services billing (BSB) standard to provide electronic reporting of bank information to corporate treasurers and wholesale clients.
28 February 2008
US financial technology vendor Fundtech has acquired Accountis, a UK provider of electronic invoice presentment and payment (EIPP) systems, for a total consideration of £5.8 million in cash.
07 February 2008
Alliance & Leicester Commercial bank says more than 1.9 million online bill payments were made by its business customers via its automated BillPay Web site in 2007, representing a year-on-year increase of more than 70%.
29 January 2008
Customers that use electronic bill payment services have higher account balances and profitability and are more loyal to their financial institution than non-EBPP customers, says a new US study released by CheckFree and SunTrust.
08 November 2007
UK payments association Apacs is talking up the use of electronic payments services in the wake of the new round of strikes by Royal Mail postal workers.
04 October 2007
Scandinavian bank Nordea has contracted with Nordic IT services vendor TietoEnator for supply and implementation of a business-to-business (B2B) electronic invoicing system.
24 September 2007
Corporate standards body Twist says Denmark's Danske Bank has become the first European bank to use its bank billing standard to deliver detailed information to corporate treasurers and wholesale clients.
17 September 2007
Mobile communications outfit Telrock is partnering with UK payment operator PayPoint to provide a service for consumers to pay bills and top up their mobile phones via text message.
06 September 2007
The European Commission (EC) is setting up a steering committee to oversee the establishment of a common invoicing framework that would allow businesses across the region to send invoices and receive corresponding payments electronically.
30 August 2007
CheckFree, the US e-banking and payments vendor that is being acquired by Fiserv, has posted a fall in fiscal fourth quarter and full year net income after higher costs and a one-time charge ate into earnings.
06 August 2007
US financial IT firm Fiserv has signed a definitive agreement to acquire electronic banking and payments vendor CheckFree in an all-cash transaction worth approximately $4.4 billion.
02 August 2007
US Web banking and EBPP vendor Online Resources has signed a definitive agreement to acquire biller service provider (BSP) Internet Transaction Solutions (ITS) for $45 million in stock and cash.
27 July 2007
Citibank is launching a new service in Malaysia that will enable its customers to pay bills using their mobile handsets.
20 July 2007
Ceská sporitelna, the largest commercial bank in the Czech Republic, is introducing a business-to-business electronic invoicing service based on technology supplied by Nordic vendor TietoEnator.
27 June 2007
Texas-based money order firm Fidelity Express is teaming with e-payments outfit Cyphermint to launch a service that will enable its customers to pay bills using their mobile handsets.
20 April 2007
Customers who pay bills through their bank’s Website are more satisfied with the bank and the online banking experience than those who don’t, and are significantly more likely to purchase additional services from the bank, according to a study by ForeSee results and Forbes.
17 April 2007
A US survey of online households, released by CheckFree, shows that the number of bills paid electronically via the Internet now exceeds the number paid by paper cheques.
13 April 2007
US e-payments firm CheckFree has been hit with a class action lawsuit alleging that directors deliberately misled investors by issuing false and misleading statements between 4th April and 1st August last year that artificially inflated the company's share price. The news comes amid rumours that CheckFree stands to lose a major part of a lucrative contract with its biggest customer, Bank of America.
12 April 2007
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