New full life-cycle SEPA Mandate Management Solution from BofA Merrill
BofA Merrill has chosen Sential's Origix Corporate as their solution for SEPA Direct Debit mandate management.
Payments - Receipts
Background
Collecting bills efficiently, on-time and with a minimum of bad debts is essential in any business. Bill collection, unlike collecting payments at the point of sale, involves granting the buyer credit…
Read moreBilling automation is coming world-wide across multiple channels, so whom will you work with and whi
Billing automation using all sorts of payments channels is happening world-wide, here are a few of the latest examples:
Multi-country validation and IBAN conversion + BIC codes for all IBANS is what you need to exploit t
Poor payment data in SEPA can cost a lot. Banks charge €6 per record to reformat an IBAN(International Bank Account Number) and rectify failed payments and then there is the cost of contacting all customers and supp
OB10 rolls out new version of customer e-invoicing portal
OB10 has launched of a completely redesigned portal which will enable them to make e-invoicing easier and more valuable to their clients.
Zumbox Digital Postal Mail cuts cost of consumer billing
Zumbox, the Californian based service company, creates a digital mailbox for every street address in a country.
Bottomline adds SWIFT to the 4 party e-invoicing exchange network options. This might be the key to
Most buyers use a single e-invoicing service provider, a three-party model, as shown in above.
Significant increase in e-invoicing co-operation in Europe and 4 party exchange partnerships between
In 2011 there was a significant increase in the use of e-invoicing throughout Europe and in market awareness.
New release of Ariba platform debuts next-generation intelligent e-invoicing capabilities
Ariba's new version of their collaborative commerce platform is designed to enhance the company's smart invoicing capabilities, and is available and in use today.
Recurly launches payment gateway designed for subscription billing
US subscription billing service provider Recurly has released a payment gateway designed specifically to handle the requirements of recurring billing.
U.S. Bank invests in new national wholesale lockbox system
U.S. Bank launched an enhanced national wholesale lockbox technology platform, in May 2011, that will be rolled out at multiple sites within the bank's footprint this year.
MetraTech Delivers Best-in-Class Monetization with MetraNet 6.5
MetraTech Corp. today released MetraNet 6.5 of their agreements-based billing (ABB™) and compensation solutions
Citi Straight-Through Reconciliation service launched at AFP Annual Conference
The Citi Straight-Through Reconciliation product is designed to simplify and automate the reconciliation of payment transactions and management of exceptions.
New extended remittance data for wires in USA finally launched
The problem, of there not being enough data associated with Wires for recipients to identify exactly what the payment is for, has long been recognised.
doxo adds auto pay with limits
The consumer digital file cabinet service doxo, for securely storing important documents, which enables consumers to connect to selected service providers to receive their bills and
SEPA Progress
The October 2011 European Payments Council newsletter revealed that according to the European Central Bank analysis: