497 articles tagged with this keyword
News/Electronic bill presentment and payment
US consumer groups have criticised Washington Mutual (WaMu) for refusing to refund late payment fees incurred by customers when a glitch knocked out the bank's online bill payment system.
22 August 2006
Shares in US e-payments vendor CheckFree Corporation plummeted 21% in after hours trading yesterday after the company posted fiscal fourth quarter earnings below market expectations.
02 August 2006
High street bank Abbey has apologised for a systems problem with its online business banking service that has caused some customers' payments to be sent to the wrong people.
19 June 2006
Internet banking and bill payment vendor Online Resources has signed a definitive agreement to acquire e-payment processor Princeton eCom Corporation for $180 million in cash plus an earnout of up to $10 million.
08 May 2006
The annual number of electronic payment transactions, currently at approximately 210 billion worldwide, is expected to double by the end of the decade, according to research released by ACI Worldwide.
04 May 2006
Dublin-based electronic payments processor FreeStar Technology Corporation has secured $10 million in funding from Swedish venture capital firm Svensk Kredit och Finans.
28 April 2006
Bank of America says it now has around 15 million Web banking customers, which amounts to more than a third of the entire online banking market in the US.
12 April 2006
Deutsche Bank is teaming with Computer Sciences Corporation to launch an electronic invoice presentment and payment (EIPP) service for use by corporations in Europe.
11 April 2006
The number of online banking customers in the US grew to nearly 40 million during the fourth quarter of 2005, a 27% increase over the previous year, according to statistics from Web metrics firm ComScore Networks.
A group of investors that own a 7.2% share of fintech vendor S1 Corporation have called for the sale of the underperforming business.
31 March 2006
Citigroup has launched a new Internet banking service that offers accounts with higher interest rates in a bid to attract more US customers to its Web banking channel.
29 March 2006
Ohio-based Huntington Banchares has added an online interactive ice hockey game to its Web site in a bid to sign up fans of local team Columbus Blue Jackets to a new banking package.
03 March 2006
The European Central Bank has waded into the debate on bank progress towards a Single Euro Payments Area (Sepa), clarifying deadlines and urging more action on standards, security, same-day processing and e-invoicing.
17 February 2006
Fifty-nine major payment banks in Europe have agreed to underwrite an EBA Clearing project to develop an infrastructure for processing pan-European direct debits.
31 January 2006
Annual statistics from Norwegian bank processing firm EDB Business Partners indicate a first ever fall in national consumer use of minibank and telephone banking, and a corresponding surge in Internet banking and shopping.
US e-payments vendor CheckFree Corporation has acquired PhoneCharge, a provider of telephone and Internet bill payment services, for approximately $100 million in cash.
04 January 2006
US banks are set to grab back a major share of the surging electronic bill payment and presentment (EBPP) market over the next five years, according to the latest forecasts from Forrester Research.
21 November 2005
For the first time, online banking and electronic bill payment features have surpassed the more traditional bank selection criteria of branch and ATM proximity to home for US consumers, according to a survey commissioned by CheckFree.
17 November 2005
Over half of US consumers now use automatic or online bill payment services, according to research conducted by the American Bankers Association (ABA) and Boston-based Dove Consulting.
25 October 2005
Nordic IT services group EDB Business Partner is teaming with DnB NOR to deliver an electronic invoicing system to corporate firms in Norway.
20 October 2005
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