Bottomline Debuts WebSeries eBanking Module

Wednesday 13 October 2004 13:18 CET | News

Bottomline has released WebSeries CrossPay for the companys Electronic Banking (eBanking) platform.

The new CrossPay module uniquely combines full international electronic payment functionality with an extensive range of domestic capabilities to provide enhanced payment management throughout any global enterprise. In designing the WebSeries CrossPay application, Bottomline incorporated solutions used by many of the worlds largest banks, such as Fed Wire and International Real-time Gross Settlement (RTGS), Global Information Reporting, Check Management, and Cross-border payments. Complemented by a real-time FX trading module and enterprise laser check production, Bottomlines WebSeries CrossPay enables banks to maximize transactional and service revenues across the broadest base of corporate client opportunities. Key features include: - Provides treasury with enterprise-wide visibility and OFAC checking for regulatory compliance across all disbursements. - Substantially reduces integration costs with customer Payment and ERP systems with a browser based end-user mapping tool. - Offers ongoing updates for child support and taxes for all 50 states without requiring software upgrades. WebSeries CrossPay includes advanced functionality such as the ability to create and individually title an unlimited number of custom payment applications. Automatic recurring payment generation, and e-mail alerts for exception conditions and status notifications are also included. The CrossPay solution integrates with check/international draft creation and distribution, international payments and MT101 generation, as well as full NACHA and addenda formatting validation. It also provides support for unattended, Web-based, secure host-to-host communication.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: ,
Categories: Banking & Fintech | Online & Mobile Banking
Countries: World
This article is part of category

Banking & Fintech