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.
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 moreMetraTech 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: