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The Future of Receivables Processing
American Banker | Sep 28, 2010 According to a recent study with Aite Group, nearly 60% of corporations are not fully satisfied with their receivables processing, and 59% indicated they would rather have a financial institution handle it for them. Additionally, more than one third of corporations experience unauthorized discounts or concessions taken by payers totaling more than $500,000 annually. This represents a tremendous opportunity for financial institutions to enter into lush vertical markets and increase their corporate customer base, all while growing revenue. During this web seminar, you will learn about exclusive research findings and how to apply new practices into your organization’s processing of receivables. You will discover: The top three receivables challenges companies are facing How receivables are organized and staffed The percentage of companies processing receivables in-house, out-sourced to a bank or use a third-party provider The true impact of exception items and returns for B2B and B2C companies The role of electronic invoicing and bill presentment and payment adoption trends Relative challenges for B2B and B2C companies managing their receivables Register today to learn how to increase straight-through processing, reduce day sales outstanding and understand how a true integrated receivables solution can help solve challenges, streamline receivables processing, gain new revenue and improve customer service. Speaking panel: Nancy Atkinson, Senior Analyst, Aite Group, LLC Nancy specializes in wholesale banking issues including global business-to-business (B2B) payments, financial supply chain issues, and bank support for companies’ accounts payables and receivables management. Previously, she worked for Mellon Financial for more than 20 years. She is a Certified Cash Manager (CCM) and has an MBA from Cornell University. Steve Buchberger, Senior Vice President of Strategy Development, WAUSAU Financial Systems Steve is a recognized industry expert in Payments and Remote Deposit Capture. He has spoken at many industry events including NACHA Payments, BAI, TAWPI, and AFP. Steve has a BBA in Management Information Systems, and an MS in Finance. Steve Buchberger has been with WAUSAU Financial Systems for over 15 years. Sponsored by:
First National Bank of Omaha's FNBO Direct Adds MyDeals
American Banker | Sep 8, 2010 First National Bank of Omaha is offering a rewards program from Cardlytics that lets customers access merchant offers through First National's FNBO Direct online banking service.
BankServ Beefs up for Processing Wars
American Banker | Sep 6, 2010 For budget-constricted banks, less is more when it comes to managing vendor relationships, and BankServ believes it’s added substantial payments bulk and scale by entering into an agreement to purchase NetDeposit.
Reform's Effect Unclear on Decoupled Debit
American Banker | Sep 3, 2010 The pending overhaul of debit interchange regulations is widely expected to lead to cuts in banks' rewards programs, but it remains unclear how this could affect decoupled debit ...
Aite Criticizes IRA Legislation
American Banker | Sep 1, 2010 A bill before Congress that would increase worker retirement savings would be a burden to small employers, according to a report from Aite Group.
Easing the Cash Squeeze
US Banker | Sep 1, 2010 Banks can capture corporate treasury clients by offering new tools that resolve costly and complex receivables management.
U.S. Bank Brings Big Tools to Small Biz
Bank Technology News | Sep 1, 2010 U.S. Bank is in the midst of rolling out ScoreBoard, an online reporting tool that enables businesses to monitor their own spending and compare card sales data to other firms.
Finding the Right Match
US Banker | Sep 1, 2010 Online loan exchanges like BoeFly and Biz2Credit are gaining traction as banks look for new ways to find more small-business borrowers.
Miles to Go
US Banker | Sep 1, 2010 The online banking evolution is far from over. Banks have a lot of room to improve and a lot of revenue to gain once they do.
A Surprise Mobile Banking Clientele: The Underbanked
Cardline | Aug 27, 2010 A Surprise Mobile Banking Clientele: The Underbanked
Bad Timing For Low-Value-Check ACH Conversion Program?
Cardline | Aug 27, 2010 Bad Timing For Low-Value-Check ACH Conversion Program?
Mocapay Inks Deal With eNational Payments
Cardline | Aug 27, 2010 Mocapay Inks Deal With eNational Payments
Bad Timing for Low-Value-Check ACH Conversion Program?
American Banker | Aug 26, 2010 A long-planned payments pilot program allowing banks to convert low-value checks to automated clearing house transactions is moving forward, but some industry experts say ...
A Surprise Mobile Banking Clientele: the Underbanked
American Banker | Aug 24, 2010 For the underbanked, who use the service with prepaid cards, the attraction of mobile banking lies in its price, ease-of-access and portability, compared to other means of ...
Mocapay, eNational Team Up in Targeting
American Banker | Aug 24, 2010 The mobile marketing company Mocapay said it is working with the processor eNational Payments to use location technology to send coupons and other promotions to consumers on ...
Mobile Remote Deposit Capture May Lift Check Use
American Banker | Aug 24, 2010 Checks may be getting an extended life now that financial institutions are developing and rolling out mobile remote deposit capture technology as part of their mobile ...
Provident's Single Fee Aims to Appease Wealthy Clients
American Banker | Aug 23, 2010 Provident Bank's wealth management group is betting that wealthy people are fed up with being nickel-and-dimed by their banks.
IPhone App Clears Way For Mobile Loyalty Program
Cardline | Aug 20, 2010 IPhone App Clears Way For Mobile Loyalty Program
PayPal Edging Google In Mobile Payments
Cardline | Aug 20, 2010 PayPal Edging Google In Mobile Payments
AmEx Targets Parents With New Teen Prepaid Pass Card
Cardline | Aug 20, 2010 AmEx Targets Parents With New Teen Prepaid Pass Card
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