ASE Labs
Welcome Guest. Please register or log in now. There are 276 people online (0 Friends).
  • Home
  • Articles
  • News
  • Forum
  • Register/Login

iPay Technologies Introduces Biz 2.0 Crossover

Poster: SySAdmin
Posted on January 19, 2011 at 8:07:01 AM
iPay Technologies Introduces Biz 2.0 Crossover

- Service equips financial institutions to seamlessly convert small business customers to small business online bill pay solution for better service and greater efficiencies -

MONETT, Mo., Jan. 19, 2011 /PRNewswire/ -- Jack Henry & Associates, Inc. (Nasdaq: JKHY), a leading provider of computer systems and electronic payment solutions primarily for financial services organizations, today announced that its iPay Technologies division has introduced Biz 2.0 Crossover. The new bill payment service identifies small business customers that are using a financial institution's consumer online bill payment product, but would realize greater benefits from a bill pay solution designed exclusively for small business needs.

Biz 2.0 Crossover is part of iPay's strategy to help financial institutions best serve small business customers while ensuring that those relationships achieve their greatest profit potential.

According to Bill Ready, president of iPay Technologies, "Today, small businesses need to optimize operating efficiencies and cash flow, simplify funds management and effectively control delegated tasks. However, most of them are not achieving these basic goals if they are using a consumer online bill payment product. The tendency to use a consumer bill pay solution typically stems from familiarity with the platform and its functionality, and many small businesses simply are not aware that dedicated online bill pay solutions are available to them. We believe financial institutions and their small business customers can both realize tangible, ongoing benefits from a more sophisticated bill pay solution."

By automatically tracking transaction volumes and types, iPay's Biz 2.0 Crossover allows financial institutions to identify which customers are using a consumer bill pay platform for their business payments. Biz 2.0 Crossover then uses that account insight to deliver a series of professional communications to small business customers to help them recognize the benefits of converting to iPay's small business bill pay solution, Biz 2.0. The messages can be presented as banner ads on a financial institution's consumer bill pay homepage during a user's online session, on interstitial Web pages or via e-mail correspondence. Each communication includes an enrollment prompt that enables small business customers to instantly and effortlessly enroll online for Biz 2.0, eliminating the manual conversion process.

iPay's Biz 2.0 provides small businesses anytime access and greater control and flexibility. It provides the functionality to meet billing and payroll needs without consolidating orders or using spreadsheets. It also enables small businesses to delegate tasks like scheduling payments and it simplifies account-to-account transfers. The solution supports direct deposits, the management of payday schedules and the generation of advance reminders.

Ready added, "As valuable as small business customers are, banks and credit unions must proactively communicate the benefits of a full online financial management platform. Biz 2.0 Crossover is an automated way to simplify these communications and ultimately support financial institutions' strategic goals of attracting, retaining and growing their small business customer base and incrementally increase the related revenue."

About iPay Technologies

iPay Technologies is a leading provider of online bill payment solutions that incorporate a sophisticated bill pay engine that easily integrates with any online banking platform, best-of-breed retail and small business bill payment solutions, extensive payments expertise, and outstanding service. Through strategic partnerships with more than 50 providers of information processing and online banking solutions, iPay's turnkey, highly configurable electronic payments platform is supporting more than 3,600 banks and credit unions, including more than half of the nation's credit unions and approximately 40 percent of the nation's community banks that offer bill payment services. Additional information is available at http://www.ipaytechnologies.com.

About Jack Henry & Associates, Inc.

Jack Henry & Associates, Inc. (NASDAQ: JKHY) is a leading provider of computer systems and ATM/debit card/ACH transaction processing services primarily for financial services organizations. Its technology solutions serve more than 11,200 customers nationwide, and are marketed and supported through four primary brands. Jack Henry Banking(TM) supports banks ranging from de novo to mid-tier institutions with information processing solutions. Symitar(TM) is the leading provider of information processing solutions for credit unions of all sizes. ProfitStars® provides highly specialized products and services that enable financial institutions of every asset size and charter, and diverse corporate entities to mitigate and control risks, optimize revenue and growth opportunities, and contain costs. iPay Technologies operates as a leading electronic bill pay provider supporting banks and credit unions with turnkey, highly configurable retail and small business electronic payment platforms.  Additional information is available at http://www.jackhenry.com.

Statements made in this news release that are not historical facts are forward-looking information.  Actual results may differ materially from those projected in any forward-looking information.  Specifically, there are a number of important factors that could cause actual results to differ materially from those anticipated by any forward-looking information.  Additional information on these and other factors, which could affect the Company's financial results, are included in its Securities and Exchange Commission (SEC) filings on Form 10-K, and potential investors should review these statements.  Finally, there may be other factors not mentioned above or included in the Company's SEC filings that may cause actual results to differ materially from any forward-looking information.

SOURCE  Jack Henry & Associates, Inc.

Jack Henry & Associates, Inc.

CONTACT: Analyst, Kevin D. Williams, Chief Financial Officer, +1-417-235-6652, or Press, Kelsey Ball, Marketing Support Specialist , +1-704-357-0298, both of Jack Henry & Associates, Inc.

Web Site: http://ipaytechnologies.com/
 
Print This Entry
Tags PR Press Release
Related Articles
  • Huntkey Has Launched Its New Power Strips with USB Chargers on Amazon US
  • Inspur Releases TensorFlow-Supported FPGA Compute Acceleration Engine TF2
  • Hot Pepper Introduces Spicy New Smartphones in US Markets
  • Sharp Introduces New Desktop Printers For The Advanced Office
  • DJI Introduces Mavic 2 Pro And Mavic 2 Zoom: A New Era For Camera Drones
Login
Welcome Guest. Please register or log in now.
Forgot your password?
Navigation
  • Home
  • Articles
  • News
  • Register/Login
  • Shopping
  • ASE Forums
  • Anime Threads
  • HardwareLogic
  • ASE Adnet
Latest News
  • Kingston HyperX Cloud 2 Pro Gaming Headset Unboxing
  • Synology DS415+ Unboxing
  • D-Link DCS-5020L Wireless IP Pan/Tilt IP Camera
  • Actiontec WiFi Powerline Network Extender Kit Unboxing
  • Durovis Dive Unboxing
  • Bass Egg Verb Unboxing
  • Welcome to the new server
  • Gmail Gets Optional Preview Pane
  • HBO Go on Consoles
  • HP Touchpad Update
Latest Articles
  • D-Link Exo AC2600 Smart Mesh Wi-Fi Router DIR-2660-US
  • HyperX Double Shot PBT Keys
  • Avantree ANC032 Wireless Active Noise Cancelling Headphones
  • ScharkSpark Beginner Drones
  • HyperX Alloy FPS RGB Mechanical Gaming Keyboard
  • D-Link DCS-8300LH Full HD 2-Way Audio Camera
  • Contour Unimouse Wireless Ergonomic Mouse
  • HyperX Cloud Alpha Pro Gaming Headset
  • Linksys Wemo Smart Home Suite
  • Fully Jarvis Adjustable Standing Desk
Latest Topics
  • Hello
  • Welcome to the new server at ASE Labs
  • Evercool Royal NP-901 Notebook Cooler at ASE Labs
  • HyperX Double Shot PBT Keys at ASE Labs
  • Avantree ANC032 Wireless Active Noise Cancelling Headphones at ASE Labs
  • ScharkSpark Beginner Drones at ASE Labs
  • HyperX Alloy FPS RGB Mechanical Gaming Keyboard at ASE Labs
  • D-Link DCS-8300LH Full HD 2-Way Audio Camera at ASE Labs
  • Kingston SDX10V/128GB SDXC Memory at ASE Labs
  • What are you listening to now?
  • Antec Six Hundred v2 Gaming Case at HardwareLogic
  • Sans Digital TR5UTP 5-Bay RAID Tower at HardwareLogic
  • Crucial Ballistix Smart Tracer 6GB PC3-12800 BL3KIT25664ST1608OB at HardwareLogic
  • Cooler Master Storm Enforcer Mid-Tower Gaming Case at HardwareLogic
  • Arctic M571-L Gaming Laser Mouse at ASE Labs
  • Contour Unimouse Wireless Ergonomic Mouse at ASE Labs
Advertisement
Advertisement
Press Release
  • Huntkey Has Launched Its New Power Strips with USB Chargers on Amazon US
  • Inspur Releases TensorFlow-Supported FPGA Compute Acceleration Engine TF2
  • Hot Pepper Introduces Spicy New Smartphones in US Markets
  • Sharp Introduces New Desktop Printers For The Advanced Office
  • DJI Introduces Mavic 2 Pro And Mavic 2 Zoom: A New Era For Camera Drones
  • DJI Introduces Mavic 2 Pro And Mavic 2 Zoom: A New Era For Camera Drones
  • Fujifilm launches "instax SQUARE SQ6 Taylor Swift Edition", designed by instax global partner Taylor Swift
  • Huawei nova 3 With Best-in-class AI Capabilities Goes on Sale Today
  • Rand McNally Introduces Its Most Advanced Dashboard Camera
  • =?UTF-8?Q?My_Size_to_Showcase_Its_MySizeId=E2=84=A2_Mobil?= =?UTF-8?Q?e_Measurement_Technology_at_CurvyCon_NYC?=
Home - ASE Publishing - About Us
© 2010 Aron Schatz (ASE Publishing) [Queries: 16 (8 Cached)] [Rows: 292 Fetched: 35] [Page Generation time: 0.024566173553467]