Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

News/Electronic bill presentment and payment

Australia Post to expand in payments

Australia Post is to apply to national financial regulatory agency Apra for a license to process debit and credit cards, according to local press reports.

10 October 2005

News/Electronic bill presentment and payment

E-merchants missing out on $5bn in revenue - PaymentOne

Online merchants are losing over $5 billion in digital commerce revenues due to the lack of secure alternative payment options for consumers, according to research conducted by Javelin Strategy and released by US e-payments firm PaymentOne.

28 September 2005

News/Electronic bill presentment and payment

Fiserv buys BillMatrix for $350m

Highly acquisitive financial IT firm Fiserv has signed a definitive agreement to buy BillMatrix Corporation, a Dallas-based provider of electronic bill payment services, for about $350 million.

28 July 2005

News/Electronic bill presentment and payment

Euronet acquires fund transfer and bill payment firm

Electronic payments processor and ATM operator Euronet has acquired TelecommUSA (TUSA), a provider of consumer funds transfer and electronic bill payment services. Financial terms of the deal were not disclosed.

27 July 2005

News/Electronic bill presentment and payment

Dutch banks agree digital billing standard

Holland's top four banks have reached agreement on a standard for exchanging digital bills and invoices via Internet banking with a view to introducing a national scheme in the first half of 2006.

18 July 2005

News/Electronic bill presentment and payment

Majority of US Web users prefer to manage finances online

The majority on US Internet users (64%) now choose to manage their finances, including bill payments, on the net according to research released by Yahoo! and Web marketing firm OgilvyOne.

01 July 2005

News/Electronic bill presentment and payment

CheckFree cuts 200 staff; relocates EBPP operations

US e-payments firm CheckFree has cut 200 jobs under restructuring plans that will see it move its electronic billing and payment operations from a facility in Ontario, Canada to its headquarters in Georgia.

23 June 2005

News/Electronic bill presentment and payment

CheckFree EBPP service halted by power outage

US-based CheckFree's online bill payment service ground to a halt Wednesday following a power outage at the vendor's data centre in Georgia.

16 June 2005

News/Electronic bill presentment and payment

Yodlee adds PassMark two-factor authentication to aggregation services

US account aggregation vendor Yodlee is adding two-way two-factor authentication technology from California-based PassMark to its personal financial services, such as online bill payment.

08 June 2005

News/Electronic bill presentment and payment

Corillian Q1 earnings hit by contract delay

US Internet banking systems vendor Corillian says revenues and profits for the first quarter were $500,000 lower than expected due to an unexpected delay in a major contract.

28 April 2005

News/Electronic bill presentment and payment

Siam Commercial Bank selects Checkfree for e-invoicing service

Thailand's Siam Commercial Bank (SCB) has licensed CheckFree's i-Series software which it will use to deliver hosted business-to-business electronic invoicing and payment services to its corporate customers.

06 April 2005

News/Electronic bill presentment and payment

Corillian to acquire InteliData

US online banking software vendor Corillian has signed a definitive agreement to acquire loss-making electronic banking and bill payment firm InteliData Technologies in a cash and stock deal worth around $19.5 million.

01 April 2005

News/Electronic bill presentment and payment

Scotiabank delivers Canada Post EBPP service to online customers

Canada's Scotiabank is providing its online customers with access to epost, an electronic mail and bill presentment and payment service provided by the national postal service.

20 January 2005

News/Electronic bill presentment and payment

OneVu turns to Web simulation to promote EBPP service to banks and billers

OneVu, the electronic bill presentment and payment (EBPP) service set up by Voca and CheckFree last year, is using Web site simulation technology from VeriSIM in a bid to persuade more banks and billers to sign up to the scheme.

19 January 2005

News/Electronic bill presentment and payment

Euro central banks play hard ball over single payments area

Euro area central banks have warned the banking industry against backsliding on committments to deliver a Single Euro Payments Area (Sepa) by the end of the decade, amid mounting evidence that support for the project is on the wane.

03 December 2004

News/Electronic bill presentment and payment

Bacs rebrands as Voca

Bacs Limited, the UK's automated clearing house, has changed its name to Voca. The move is designed to reinforce the 2003 re-structure of Bacs, which has seen it take a more commercial focus. Bacs Payment Schemes Limited remains as the UK's membership-based industry body for promoting and supporting the direct debit and direct payment schemes.

12 October 2004

News/Electronic bill presentment and payment

Upaid launches SMS bill payment service

French m-payments technology vendor Upaid has launched Text cheque, an SMS-based service that enables merchants to accept bill payments made using mobile phones.

23 September 2004