Allianz Cornhill deploys Albany Software for electronic payments

Allianz Cornhill deploys Albany Software for electronic payments

UK insurance company Allianz Cornhill has deployed Albany Software's electronic funds transfer (EFT) software Albacs to support electronic payments via direct debits and credits.

Allianz Cornhill, formerly known as Cornhill Insurance, also plans to use the Albacs system for paperless direct debits, which will enable the completion of payment mandates over the telephone.

As part of the contract, Allianz Cornhill will also be using the vendor's automated direct debit amendment and cancellation service (Addacs), in its finance department.

Duncan Marshall, production analyst, Allianz Cornhill, says: "This paperless approach will further extend the benefits of Albacs within our organisation and will offer our customers a faster, more convenient method of making payments, increasing the efficiency and quality of service we provide."

Comments: (0)

Trending