INDIANAPOLIS -- CTI Group, a leading provider of ebilling, bill analysis, VoIP call recording and call management applications, today announces that its United States operation is now offering the company’s eBilling suite of products, following tremendous success in Europe. The products, which include ‘Dynamic Reports’, an electronic billing and invoice solution and ‘Analysis’, an online reporting tool enable businesses looking for ways to cut costs, to run more efficiently and differentiate themselves from their competition by offering a ‘green’ solution.
Industry Leading Providers Team Up to Provide High Volume Transaction Solution Enabling Paperless Processing for Banking and Insurance
REDWOOD SHORES, Calif. and NEW YORK/PRNewswire-FirstCall/ -- Communication Intelligence Corporation ("CIC") (OTCBulletinBoard: CICI) , a leading supplier of electronic signature solutions for business process automation in the financial industry* and the recognized leader** in biometric signature verification] and Striata, the leading North American provider of email bill presentment and payment, announced today that they have entered an agreement to provide their products and services as an integrated solution for the financial services industry.
Striata discusses innovative ways in which businesses can cut costs and simultaneously drive sales, to survive the current recession.
The current volatile economic climate is prompting rumours of retrenchments in almost every industry, but there are ways companies can cut costs without having to reduce their staff complement. Converting from paper to e-mail communication significantly reduces operational costs and affords companies with a substantial ROI.
Hammered by rising payment-infrastructure costs and a deteriorating economy, billers are starting to push customers harder to receive bills electronically rather than by paper. The rising tide of home foreclosures, indeed, serves as a wakeup call to billers that aren’t looking at electronic bill presentment, since it’s getting harder to reach people at their last known address, warns Regulus Group, a Napa, Calif.-based provider of billing and remittance services.
Josh Wendroff, director of marketing at Regulus, says he can’t estimate how many billers are adopting stronger tactics to push electronic presentment, but says, “It’s still a pretty small number.” Nonetheless, “a lot more [billers] are seriously exploring it versus a year ago, when they wouldn’t even consider it,” he says. E-bills are typically delivered to customers in the form of e-mail notices including links to a secure site where they can pay the bills.
CHANTILLY, Va.--(BUSINESS WIRE)--Online Resources Corporation (Nasdaq: ORCC), a leading provider of online financial services, today announced its eCommerce Services unit has introduced a robust disbursement solution that leverages the Company’s existing payments infrastructure. DIRECTV (Nasdaq: DTV) is one of five major billers that implemented the service in the first quarter.