Merchants Target Banks’ Debit RevenuesMarch 30, 2004Merchants have been aggressively slashing their payments-related costs -- at the expense of consumers' banks. A Visa exec describes the challenges for community bankers at ICBA.
Cash Management: An Industry in TransitionNovember 17, 2003As corporations evolve and increasingly embrace Internet banking, the cash management solutions available to them are also receiving a makeover.
And the Winner Is: Biller-Direct or Consolidator?August 26, 2003In electronic bill payment and presentment, the biller-direct model appears to have defeated the consolidator model. But it may be too early to declare a winner.
MasterCard Picks Velosant for E-InvoicingJune 16, 2003MasterCard has added purchasing card payment options into the electronic invoice presentment and payment (EIPP) system of Velosant, a First Data affiliate.
Citibank Loses Top Spot In Gomez RankingsMay 12, 2003The country's largest banks are rapidly improving the functionality and usability of their online offerings to more effectively cross-sell products and services, generate greater cost savings and more efficiently monetize their fast growing Internet custom
Wells Fargo Adding First Data's Tax Payment Service To PortalApril 14, 2003Wells Fargo wants business owners to use its Internet portal to pay 1,700 different types of taxes to federal, state and local governments, along with obligations such as child support payments.
JPMorgan Chase Seeks To Triumph with ARCMarch 17, 2003JPMorgan Chase, in conjunction with J&B Software, Blue Bell, Pa., has established a firm foothold in the market for accounts receivable check conversion (ARC) solution at retail lockbox providers.
Bankers Should Outsource Finance and Accounting Operations, Says AccentureFebruary 14, 2003Just because a bank excels at deposit-taking and lending doesn't mean that it's the best organization to handle the ever-shifting vagaries of financial accounting, the painstaking labors of cost accounting, or the drudgery of paying the bills.
Citizens Trust Bank Aims BigJanuary 17, 2003Citizens Trust goes toe-to-toe with the big banks using in-house image capture, online statements and branch automation technology.