Sterling Adds to Electronic Commerce Offerings

Sterling Commerce has announced a new line of software products to help banks move their item processing systems from paper to electronics.

The products, which add to Sterling's line of "Vector" electronic commerce software, are meant to address check fraud and other issues.

One technology helps financial institutions receive electronic cash letters; another is designed to monitor account characteristics and help sniff out potential money laundering.

Another product helps banks solve their "year 2000 problem" in computer systems.

The products are designed to "increase revenues, improve performance, reduce costs, enhance customer service, and increase competitive differentiation," said Sydney Smith Hicks, Sterling's director of item processing product marketing.