Union Bank, N.A., has selected DirectBiller® electronic bill presentment and payment platform from Aliaswire Inc. for its Total Biller Solution for commercial clients, the companies announced today.
Total Biller Solution demonstrates Union Bank's commitment to innovation and quality and is a key component of the bank's suite of comprehensive receivables solutions aimed at improving the overall receivables processing.
The California-based financial services company plans to use DirectBiller® to enable business clients of all sizes to present bills and/or paper online and collect electronic payments using a hosted environment that provides unparalleled customer flexibility while meeting the highest standards for information security. Businesses can choose from an array of configurations, generate comprehensive reports, and take advantage of rapid time to market - all while offering multiple options for accessing and paying bills, including web, mobile, voice or agent.
"DirectBiller® will enable our clients to provide their customers with a streamlined billing and payment process which will allow them to focus more of their efforts on growing and managing their business," said Don Gilmore, Union Bank senior vice president and head of product management.
Union Bank received an A rating for customer service and product average in the Phoenix-Hecht's 2012 Treasury Management Monitor for treasury management banking. Phoenix-Hecht is a leading provider of financial services research and education.
"We welcome Union Bank to Aliaswire's fast growing family of DirectBiller® Financial institution Resellers and Channel Partners. After extensive evaluation of various service providers, Union Bank selected Aliaswire in recognition of both our superior technology and the significant value proposition that DirectBiller® offers the bank and its business clients. It is yet another validation of DirectBiller's ability to serve a broad diversity of market segments," said Hoss Mohsenzadeh, CEO of Aliaswire. "With DirectBiller's rapid implementation and superior security, features, and channel support, billers of all sizes can quickly reap the benefits of the world-class payment processing solution offered by Aliaswire."