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CONSUMERS STILL LARGELY UNAWARE OF EBPP INITIATIVES
A study conducted by Mobius Management Systems shows consumers like the idea of electronic bill payment, but are unaware if their billers offer the service.
NYCH LAUNCHES NEW SYSTEM TO STREAMLINE THE SETTLEMENT PROCESS
An initiative spearheaded by the New York Clearing House will have banks assign unique identifiers to business customers, which will help to upgrade current clearing systems.
Turning Bills Into Bits
Tim Barnett, chief technology officer, Barnett discusses the Spectrum business model and the future of electronic bill payment and presentment (EBPP).
Huntington Bancshares Claims Patent Infringement
Huntington Bancshares' legal claim against the Clearing House Association of the Southwest has brought renewed attention to the patenting of
previously established, routine business practices.
Just Thinking
Technology can do a lot of wonderful things. The one thing it can't do, however, is sell itself.
NACHA REPORTS DOUBLE DIGIT INCREASE IN ACH PAYMENT VOLUME
Financial institutions performed almost 6.9 billion automated clearing house (ACH) transactions in 2000, a 12.4% increase over 1999 volume, according to The Electronic Payments Association (NACHA).
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