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News & Commentary
Content tagged with Payments posted in April 2007
Convergence: When Payments Start to Play Nice Together
News  |  4/27/2007
By Maria Bruno-Britz If you're in the payments side of the business at a bank, you can't go anywhere without hearing the word "convergence". In recent years, the push to bring together all the IT systems within the bank has intensified so that financial institutions have a more unified view of their business and customers. Beyond this is the drive to bring together the payments systems in the organization. Banks are siloed enough, and the issue is even more apparent in the payments organization
Mizuho Live with SWIFTNet Phase 2 While Corporates Scoff at Bank Payments Initiatives
News  |  4/23/2007
By Maria Bruno-Britz The London branch of Mizuho Corporate Bank is the first in the world to go live on FIN with the SWIFTNet Phase 2 solution. This is the next generation messaging platform introduced by Brussels-based SWIFT.
NACHA NEWS: Epson and RDM Showcase CaptureOne Check Scanner
News  |  4/17/2007
By Maria Bruno-Britz Epson (Long Beach, Calif.), a supplier of value-added banking solutions, and RDM (Waterloo, Ontario), a provider of specialized software and hardware products for electronic payment processing, unveiled a new check scanning solution called CaptureOne. The companies are touting the products as a reliable desktop scanner for back office capture (BOC), remote deposit capture (RDC) and branch capture applications. Epson, known for its image scanners, teamed with RDM, known for
NACHA News: TowerGroup Says Banks Seeking Comprehensive Technology Solutions for Integration with Corporate Clients
News  |  4/17/2007
New TowerGroup Research Examines Fast-Evolving Space of 'B2Bank' Integration
NACHA News:Digital Check Announces Digital on Demand Services
News  |  4/17/2007
Digital Check Corporationn announced Digital on Demand services at the NACHA Payments conference. The expanded services are provided in support of Digital Check's network of solution providers and through Digital Check's network of fulfillment partners. The new services allow financial institutions to more easily bundle software, scanner hardware and fulfillment services when deploying distributed check capture solutions to their branches and remote deposit capture customers.
NACHA News: Announces New ACH Risk Management Product
News  |  4/17/2007 announced today at NACHA Payments 2007 the availability of ExtraNet FP ACH Risk Management. The new product is delivered as an integrated module of the company's successful ExtraNet Financial Portal in use by more than 2,000 community financial institutions for internal and corporate cash management services.
NACHA News: Fundtech Signs Eight New Banks to Its Cash Management Solution
News  |  4/16/2007
Fundtech Ltd., a provider of end-to-end corporate banking software and services, announced that it has signed eight new customers for its CASHplus cash management solution. Recent research from market consulting firm Celent, positioned Fundtech's CASHplus as a leading solution in its 'Evaluating the Vendors in Online Corporate Cash Management' report (December 2006). Fundtech's newest CASHplus clients include: RBC Centura ($23 billion in assets; Raleigh, N.C.), Rabobank, N.A. ($5 billion in asse
NACHA News: Unisys Announces High Performance Open Payments Platform
News  |  4/16/2007
Unisys Corporation announced a new Open Payments Platform to help banks transform their payment operations and more easily deliver new products in an ever-changing industry.
NACHA NEWS: Commerce Bank Selects CheckFree's ARP/SMS to Enhance Account Reconciliation and Positive Pay Services
News  |  4/16/2007
By Maria Bruno-Britz Commerce Bank (Cherry Hill, N.J.; $4.3 billion in assets) has selected the CheckFree Account Reconciliation Package/Service Management System (ARP/SMS). In addition, Commerce Bank has upgraded to the CheckFree PEP+ Risk Compliance Package. CheckFree's PEP+, together with its suite of add-on modules, provides a complete solution for originating and receiving payments throu
NACHA NEWS: Whitney National Bank Selects CheckFree's PEP+ Platinum Suite to Increase ACH Functionality
News  |  4/16/2007
By Maria Bruno-Britz CheckFree announced that Whitney National Bank (New Orleans; $10.2 billion in assets) has selected the CheckFree PEP+ Platinum Package. The software and services deployment is designed to enable Whitney to rapidly and efficiently process ACH payments, streamline internal processes to mitigate risk and fraud exposure, increase revenue and ensure business continuity in the
NACHA NEWS: NACHA Issues Top 50 Lists of Originating and Receiving ACH Financial Institutions for 2006
News  |  4/16/2007
By Maria Bruno-Britz NACHA - The Electronic Payments Association (Herndon, Va.) released today at its PAYMENTS 2007 conference the NACHA Top 50 lists of the largest originating and receiving financial institutions of automated clearing house (ACH) payments for 2006.
NACHA NEWS: NACHA Reports Nearly 16 Billion ACH Payments in 2006
News  |  4/16/2007
By Maria Bruno-Britz According to NACHA - The Electronic Payments Association (Herndon, Va.), nearly 16 billion automated clearing house (ACH) payments were made in 2006, a 14.5 percent increase over 2005.

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