Bill.com, a bill payment, invoicing and cash flow management specialist, has closed a $38 million funding round led by Scale Venture Partners and joined by industry giants including BofA and American Express.
Fiserv (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that TD Bank, America's Most Convenient Bank and one of the 10 largest banks in the U.S., has selected CheckFree RXP from Fiserv to enable electronic bill payment for consumer and small business customers.
CheckFree, now part of Fiserv, Inc. (NASDAQ: FISV), a leading provider of information technology services to the financial industry, today announced that a leading European asset manager has gone live with its post-trade processing solution, CheckFree TradeFlow, for OTC Derivatives. The implementation extends the existing CheckFree TradeFlow deployment for securities, foreign exchange and money markets, enabling the firm to create a single, integrated, post-trade processing platform across all asset classes.
CheckFree and an unspecified number of its banking clients have alerted five million customers to a security breach on its electronic bill payment site in December in which criminals redirected user traffic to a bogus malware site.
Firms looking to convert customers to online billing should eschew security and environmental arguments in favour of offering cash incentives, according to a survey for electronic bill presentment and payment (EBPP) outfit OneVu.
Ukrainian hackers seized control of two CheckFree Web domains on Tuesday and redirected users to a Web address that tried to install malware on visitor desktops.
OneVu, the electronic bill presentment and payment (EBPP) joint venture of VocaLink and CheckFree, is working on a service that would enable consumers to top-up their phones and those of their friends direct from their online banking interface.
SIBOS booth C219 - Fiserv Inc. (NASDAQ: FISV), a leading provider of information technology services to the financial industry, today announced Lombard Odier Darier Hentsch (LODH), one of the largest and oldest independent private banking firms in Europe, has selected CheckFree's reconciliation and exception management solution, following a comprehensive review of seven competing bank reconciliation solutions.
CheckFree, now part of Fiserv, Inc. (NASDAQ: FISV), a leading provider of information technology services to the financial industry, today announced that Fortis Prime Fund Solutions (PFS) has selected its CheckFree Advantage Fee client billing and revenue management solution to standardize and automate its global billing processes, enabling PFS to capture all potential revenues.
The provision of free online bill payment services to retail banking customers will cost the US financial services industry $1 billion by 2010, according to research from TowerGroup.
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