[I am in Las Vegas for the TAWPI Payments in Transition conference – these are my notes from one of the sessions. An index of all of the sessions and links to the rest of my notes is here. – EMc] Keynote: Unlocking the Value of Your Customer DataMalcolm Netburn, Chairman and CEO of CDS […]
[I am in Las Vegas for the TAWPI Payments in Transition conference – these are my notes from one of the sessions. An index of all of the sessions and links to the rest of my notes is here. – EMc] Business Drivers for Payment AutomationAndrew Pery, Chief Marketing Officer, Kofax [program blurb] Over the […]
[I am in Las Vegas for the TAWPI Payments in Transition conference – these are my notes from one of the sessions. An index of all of the sessions and links to the rest of my notes is here. – EMc] Payments in Transition Town Hall MeetingJoseph Sass, Senior Regional Manager, US BankJay Matyas, VP […]
[I am in Las Vegas for the TAWPI Payments in Transition conference – these are my notes from one of the sessions. An index of all of the sessions and links to the rest of my notes is here. – EMc] The Convergence of Payments & Forms ProcessingMark Fairchild, Chief Technology Officer, BancTec [program blurb] […]
I am in Las Vegas for the fifth annual TAWPI Payments in Transition conference (with the largest attendance yet: approximately 140 billers, bankers and vendors). TAWPI – the Association for Work Process Improvement – is focused on payments automation, distributed capture, and imaging/forms processing. The Federal Reserve's latest research indicates that 50% of consumer-to-business (C2B) […]
[I am in Las Vegas for the TAWPI Payments in Transition conference – these are my notes from one of the sessions. An index of all of the sessions and links to the rest of my notes is here. – EMc] Keynote Address: Managing the Changing Mix of PaymentsBrian Hurdis, President, Metavante Image Solutions [program […]
This week at CFO Magazine's annual CFO Rising conference former IBM and Chrysler Corp CFO Jerry York had this advice: "My advice to all of you in this room is to be conservative until we get to the bottom of this thing," referring to the credit crisis, adding that, "I think it is going to […]
Glenbrook, in cooperation with Forte Financial just finished our first Payments Workshop on B2B payments, called “eB2B Payments at the Tipping Point“. Attendees from American Express, MasterCard, Visa, JPMorgan Chase, Wells Fargo, Intuit and PayPal, among others, steeped themselves in the arcane world of corporate Accounts Payable and Accounts Receivable systems and discussed the myriad […]
I'm not surprised when small to medium sized businesses cut checks by hand (I do it myself occasionally) but I was flabbergasted by this post from TechCrunch that Feedburner (not exactly a low tech company!) is handwriting checks for RSS feed advertising. I was also amused that most of the comments over at TechCrunch were […]
Last week JPMorgan announced an enhancement to its web-based A/R package Receivables Edge. The application can now match open invoices to bank captured payments and remittance detail for checks, ACH, and wire transfers. New features include: Auto-match transactions resulting in “hands-free” posting to client’s A/R system Capture and archive images online for up to 10 […]
I am pleased to announce that the upcoming B2B Payments Workshop hosted by Forte Financial and Glenbrook has been approved for up to 17 CTP/CCM recertification credits by the Association of Financial Professionals . Learn more about the upcoming B2B Payments workshop March 4-5 in Santa Clara, CA.Learn more about the AFP recertification process.
The conversion of B2B payments from paper to electronic is finally gaining momentum. Key industry players (MasterCard, American Express, JP Morgan Chase and others) are launching new products aimed squarely at the stubborn paper based B2B transaction volume. New uses of the ACH network and efforts to add remittance data to support wire transfers are […]
Carol Coye Benson at Glenbrook returned from the annual AFP Conference convinced that the time may have finally come for electronification of B2B payments. Her observations are posted here.
One of the reasons I went to the AFP (Association for Finance Professionals) conference in Boston in October 2007 was to get updated on the progress of the migration of business to business (B2B) payments from checks to electronics. As a general statement, progress on this has been very slow. But recent acquisitions (Xign by […]
Results of a new survey from the Association of Financial Professionals (AFP), released in conjunction of the annual AFP conference in Boston this week, reveal that business are gradually adopting electronic payments. The study is a follow up to a similar survey conducted in 2004. Summary of key findings: The number of check payments has […]