Electronic Bill Payment

Relying in part on its recently completed acquisition of Princeton eCom Corp., Online Resources Corp., Chantilly, Va., plans to roll out a real-time expedited payments service for its banking-client base by the first quarter of next year, Matthew P. Lawlor, chief executive of the company, tells Digital Transactions News. The …

In the digital world, data storage and security command separate realms?companies that dominate e-storage typically have had little or no presence in the information-security industry, and vice-versa. That's about to change, however, if the nearly $2.1 billion acquisition of prominent data-protection firm RSA Security Inc. by electronic information-storage giant EMC …

On the heels of an online-bill payment product it introduced last week that allows consumers to pay with credit cards, Yodlee Inc. on Tuesday introduced a Web-based tool that competes with personal-finance software and lets consumers pay bills and transfer funds. “We're capitalizing on the convergence between online banking and …

The number of unique phishing attacks and the population of Web sites involved in the online fraud both hit all-time highs in May, following a disturbing trend of dramatic month-to-month increases since late 2005, according to the Anti-Phishing Working Group. Reports of unique attacks?discrete e-mail blasts sent to consumers by …

Hoping to process a growing volume of bill payments customers make in its 76 stores, Verizon Communications Inc. is installing a new point-of-sale system that when complete will speed up check transactions, offer customers real-time payment posting, and allow the telecommunications giant to archive transaction information from multiple payment forms, …

Think of electronic bill payments and, not surprisingly, the Internet usually comes to mind first. But many billers, especially banks, have yet to offer bill payments through telephone-based customer-service systems or automated interactive voice-response units, experts tell Digital Transactions magazine in an upcoming story on expedited bill payments. The Web's …

ATM Direct, which this week announced agreements with an electronic funds transfer network and an Internet merchant to process PIN-secured debit card payments on the Web, has signed another online retailer, which will go live on its system in August, Robert Ziegler, senior vice president and general manager of the …

The number of unique Web sites hosting phishing attacks, a figure that has been increasing sharply in recent months, took another huge upturn in April, according to the latest statistics from the Anti-Phishing Working Group. The population of such sites jumped 15% last month, to 11,121, the APWG's April report, …

In another indication of the erosion of paper checks in consumer transactions, the volume of bill payments made by check as a fraction of all bill payments has fallen to 37.5% from 61.1% four years ago, according to a report released this week by online bill-payment processor CheckFree Corp. with …

The deal may be expensive, but Online Resources Corp. expects its definitive agreement to buy bill-payment provider Princeton eCom Corp. to position the combined firm for future growth as electronic bill payments gain favor with consumers and companies. Chantilly, Va.-based Online Resources announced the $180 million cash deal this week …