Wednesday , July 18, 2018

Search Results for: bill pay

Biller Sites Are Running the Table When It Comes to Bill Pay

In the battle over online bill payments, biller sites have been beating bank and third-party sites handily, but now the battle has turned into a rout. Biller sites accounted for fully 73% of online bills paid by consumers last year, up from 62% in 2010, according to a report from …

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Bill Pay, Mobile Deposit Among the Most Popular Features of Banks’ Mobile Apps

Bill payment continues to reign as the most-used payments feature of banks’ mobile apps, but mobile deposit and person-to-person payments are coming on strong, according to new findings from research firm Celent and FI Navigator Corp. The “Mobile Banking Quantified” study by Celent, a division of New York City-based of Oliver …

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Co-Op Financial Services in Bill Pay Deal and other Digital Transactions News briefs

• Boosted by its November 2015 acquisition of software developer SunGard, processor Fidelity National Information Services Inc. (FIS) reported third-quarter revenues of $2.31 billion, up 46.2% from a year earlier. Revenues grew 3.8% on an organic basis. • Co-Op Financial Services said it will provide its online bill-payment application to …

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Following Real-Time Bill Pay, TCH Sees a Follow-Up With Speedier B2B, B2C Payments

When The Clearing House Payments Co. LLC enlisted processor Fidelity National Information Services Inc. (FIS) last fall to help it launch real-time payments in the United States, it wasn’t ready to say when the system would go live. On Monday, TCH answered that question and also cleared up what types …

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Choice Is the Operative Word in Bill Payments, Fiserv Survey Finds

Consumers increasingly want choice in bill payments, according to findings from a new study by Fiserv Inc. The bank and payment processor’s Eighth Annual Billing Household Survey found that the average number of payment methods consumers use monthly rose from 2.9 in 2014 to 3.6 in 2015, a 24% increase. …

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As Real Time Hits Prime Time, Early Warning And Fiserv Target Bill Payments, Deposits

The Federal Reserve may be shepherding a nationwide effort to bring real-time payments to the United States, but that doesn’t mean payments companies are marking time while that process unfolds. The latest development is Tuesday’s announcement that bank processor Fiserv Inc. will work with risk manager Early Warning Services LLC …

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Under Payments Vet Averett, AcceptEmail Brings Email-Based Bill Pay to the U.S.

AcceptEmail Inc., an Amsterdam-based bill-payment company, is bringing its service to the United States, and has hired a former bill-payment executive to head its North American efforts. Demand for faster payments and the ability to make mobile bill payments aids AcceptEmail’s North American push, says Peter Kwakernaak, chief executive of …

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Bill Pay: Paper in, Digital Payments out

Americans overwhelmingly prefer to see paper bills, but most then go ahead and pay them electronically. That’s a key finding from a study released last month sponsored by the U.S. Postal Service’s Office of the Inspector General. The three-month analysis of customer records from a major East Coast utility found …

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Mobile Bill Pay Surges Ahead With ‘Hockey-Stick’ Growth, According to Survey

While the payments industry waits for Apple Pay and other promising applications to help mobile catch on in in-store payments, it’s already blazing ahead in online bill pay. Some 27 million U.S. households are paying at least one bill each month on a mobile phone, according to research from banking-technology …

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NACHA Unveils Opt-In Program To Reduce Exceptions in ACH Bill Payments

In a further escalation of its war on costly bill-payment exceptions, automated clearing house governing body NACHA on Monday announced a new program that will convert erroneous electronic bill payments that otherwise would go through as paper checks into ACH transactions with a new field where the biller can enter …

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