Articles

The Evolution of Payments
by Mario Villarreal and Mark Brousseau - August/September 2010

English naturalist Charles Darwin (1809-1882) once said, "It is not the strongest of species that survive, nor the fastest, nor the most intelligent, but the ones most adaptable to change." While Darwin may have uttered those words more than a century ago, retail and wholesale lockbox processors should keep his message in mind as they try to adapt to changes in the payments space. …More

Is Consolidation the Answer?
by Leilani Doyle - March/April 2010

The government entity is standardizing its payment systems on a platform that will process all of its paper and electronic checks from originations to returns, eliminating multiple standalone payment systems. This will enable the entity to consolidate all check and electronic check payments…More

AP Trends Driving Need for Enterprise Payments Hubs
by Mario Villarreal

Organizations that are still on the fence about the need for an enterprise payments hub may feel like they've received a proverbial shove after reading the results of a new study on accounts payable (AP) trends conducted by International Accounts Payable Professionals (IAPP), based in Orlando, FL. …More

Improving Working Capital Management with Enterprise Payment Hubs
by Leilani Doyle - November/December 2009

The old expression “cash is king” has never been more true than in today’s changing economic environment. And for more organizations, an Enterprise Payments Hub is a critical element of the company’s cash management strategy. Traditionally, corporations have managed payments channels individually. …More

Mastering the Multi-Channel Payments Environment

Upon initial review, sourcing applications from multiple software vendors for individual payments mechanisms and clearing channels doesn't seem so bad. Applications can be quickly added to an organization's payments processing mix to respond rapidly to changing business needs…More

Enterprise Payment Platforms: A Solution for Today's Economy
by Mark Brousseau- January/February 2009

The payments operations at most organizations typically consist of platform and application silos, creating significant processing challenges. Platform silos inhibit an organization’s ability to integrate customer, bank and payment data across multiple payment channels. Application silos increase transaction cost and operational risk due to redundant processing…More