Electronic Bill Payment

  n As it did July 26 when it announced its takeover offer for S1, ACI also said it is “prepared to do what is necessary to make this [transaction] happen.” The ACI statement did not elaborate. Some observers speculate the Elkhorn, Neb,-based software company will return with a sweetened …

  n Intuit announced late on Monday that it had acquired the mobile Web platform developed by San Mateo, Calif.-based MMV, a joint venture formed in 2008 by Citigroup Inc. and SK Telecom, a major South Korean telecommunications company, to offer mobile-banking capability worldwide. Intuit, which had been licensing the …

  n Dennes, who joined Huntington in September after helping to launch a popular mobile-capture application at USAA Federal Savings Bank, says the bank has “interest” in a point-of-sale payments capability, likely based on near-field communication (NFC) chips. Visa Inc., MasterCard Inc., Google Inc., and a carrier-led joint venture called …

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  In a deal that underscores the growing importance of electronic billing and presentment, New York City-based private-investment firm Cerberus Capital Management has agreed to buy the Regulus and J&B Software payments units from India-based 3i Infotech Ltd. The deal, valued at $137 million, is expected to close within about …

ModaSolutions Corp.’s eBillme bills itself as the cash-based way to pay for online purchases, but the company has put a new twist on its services: electronic gift cards. EBillme this week added a dozen new brands to the approximately 50 merchant brands it was already offering online. “We’d like to …

Merchants and other proponents of the Dodd-Frank Act’s Durbin Amendment, which will regulate debit card interchange rates starting this summer, argue that the law will benefit consumers by allowing retailers to pass on lower transaction costs to their customers. While banks and other critics say this is unlikely, an alternative-payments …

Discover Financial Services on Tuesday found itself at the center of two announcements signaling increasing interest in the payments industry in alternative payments and electronic billing. Ebillme, an online-payments service offered by Rye Brook, N.Y.-based ModaSolutions Corp., said online merchants that accept Discover cards will be able to accept eBillme …

JPMorgan Chase & Co. plans to use Mitek Systems Inc.’s Mobile Deposit software in future versions of its QuickDeposit service for mobile remote deposit capture across multiple smart-phone operating platforms. The announcement furthered Mitek’s lead as the top vendor in the fast-growing mobile-capture niche. Citing confidentiality agreements with customers, Mitek …

With more consumers paying bills electronically than are receiving them that way, a startup that lets consumers receive and store digital copies of their bills announced on Tuesday it is introducing a payment service aimed at closing that gap. Seattle-based doxo Inc., which in October launched a document-management service modeled …