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Banks should highlight e-billing

By Ilva Pieterse, ITWeb contributor
Johannesburg, 01 Apr 2008

should highlight e-billing

A new eMarketer article cites a recommendation from Forrester Research that finance companies should publicise their efforts in the field of e-commerce, says Direct Response.

In its "Five Step Action Plan to Help Banks Compete with Biller Sites for EBPP Users", the company advises that banks should highlight their free e-billing centres to customers, 40% of whom were found to assume companies charged for online billing.

Meanwhile, eMarketer analyst Lisa Phillips observes that higher interest rates or lower fees are the most common marketing tactics deployed by US financial services firms.

Texas eBill chooses Jopari

Jopari Solutions has accomplished conforming results for the Texas Electronic Billing order, says TMCnet.

Jopari offers bill cycle and is a workers' reimbursement eBill processor. This involves integrating national and regional carriers, managed care networks, providers and their medical billing technology suppliers.

Over 50% of the projected annual eBill transactions have been implemented using Jopari's eBill Platform. A drastic improvement has been seen in the technology that the payers used to take care of bills and disbursements, while reducing the expenses.

eBillingHub releases new version

eBillingHub, electronic billing provider for law firms, has announced availability of its newest version, emphasising continued expansion of its on demand library of client formats; dramatic improvements in its online dashboards and out of the box reporting functionality; and support for international requirements, such as LEDES 98Bi, according to eMedia Wire.

"We continue to increase the value of the eBillingHub to our customers with this release, as we have expanded our domination of this market with our partners, RainMaker Legal and Thomson Elite," stated Greg Coticchia, CEO of the eBillingHub.

"This release addresses many of the challenges that financial executives have in truly knowing if they are 100% compliant with delivering electronic bills every month."

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