Harland Financial Solutions expanded
its line of electronic funds transfer products and services to include card
services, along with a new electronic bill presentment and payment offering.
The announcement comes on the heels
of its recently released DPXPay P2P product.
Under a strategic alliance with
Vantiv Harland Financial Solutions' expanded line of EFT products now includes
credit card, ATM, and debit processing, merchant services, rewards, and fraud
prevention. Added servicing capabilities include prepaid and gift cards, card
personalization, debit PIN processing through the Vantiv-owned Jeanie network,
cardholder eServices, and more.
The adoption of these services by
financial institutions will help them provide value-added products to their
retail and commercial customers, thereby strengthening relationships and
potentially capitalizing on opportunities to enhance non-interest income.
Additionally, under a strategic
alliance with New York City-based Transactis, Inc.,
Harland Financial Solutions has expanded its bill payment capabilities. Harland
Financial Solutions currently delivers Cavion Bill Pay as part of its Cavion
suite of self-service solutions. The addition of the biller-direct eBill
Presentment & Payment offering enables financial institutions to support
their small- to mid-size business customers with the ability to transform
paper-based bills, payments, and marketing into more efficient, and
environmentally friendly ACH, debit, and credit card transactions.
eBill Presentment & Payment is
designed for both B2C and B2B applications with such features for B2B as daily
accounts receivables reconciliation and invoice dispute management. For B2C
applications, features include push-billing, biller branding, and flexible
recurring payment options.
[This article was posted on
September 11, 2012, on the website of ABA Banking Journal, www.ababj.com.]