Adams, John
July 2007
Bank Technology News;Jul2007, Vol. 20 Issue 7, p16
Trade Publication
The article reports on the deployment of ExacTrac, a tool from JPMorgan Chase company that tightens controls over company spend by completing the procure-to-pay process via an automated payment, reporting and reconciliation process, by Terminix Inc. in the U.S. ExacTrac enables users to activate a Visa or MasterCard account number for each transaction that requires a two-or three-way match. Frank Dombroski of JPMorgan, asserts that there are challenges in tracking a large volume of small bills.


Related Articles

  • JPM Chase Payment System Pinpoints Tracking. Bills, Steve // American Banker;4/19/2006, Vol. 171 Issue 74, p11 

    The article focuses on JPMorgan Chase & Co., which has started offering a corporate payment system that assigns a unique account number to every transaction made on purchasing cards so companies can track them. Frank Dombroski, a vice president in JPMorgan Treasury Services' commercial cards...

  • MC's E-Pay Push Aims at Mid-Market. Bills, Steve // American Banker;10/4/2007, Vol. 172 Issue 192, p1 

    This article reports that MasterCard Inc. has taken the wraps off an automated payments network that uses both purchasing cards and automated clearing house transactions to link businesses with their suppliers. American Express Co. and JPMorgan Chase & Co. have both developed corporate payments...

  • Changing the Contactless Adoption Focus. Cundiff, Bruce // American Banker;9/18/2007, Vol. 172 Issue 180, p14ET 

    The author feels that consumer adoption of contactless payments will remain the same if strategies for merchant acceptance and carrier integrations do not change. According to the article, this is the only path for contactless systems to reach their full potential. The place in which companies,...

  • JPM Treasury Tool Targets Midmarket. Bills, Steve // American Banker;1/13/2010, Vol. 175 Issue 7, p5 

    The author reports that JPMorgan Chase & Co. is trying to extend its payment automation services for large corporations to smaller companies. JPMorgan's treasury services unit is introducing a Order-to-Pay Deployment service to midsize corporations. JPMorgan began testing the service with...

  • Resistance to Image-ACH Diversifies. Bills, Steve // American Banker;10/2/2006, Vol. 171 Issue 189, p1 

    This article discusses banking payment systems. A converged payment system has been proposed to U.S. bankers that uses both image exchange networks and the automated clearing house. Reaction to the proposal has been mixed, though some note that the concept is far too complicated for standard...

  • JPMorgan, Wal-Mart Offer Starkly Different Views on Faster Payments.  // American Banker;12/18/2013, Vol. 178 Issue 193, p15 

    The article reports on the views of big companies on faster payments system in the U.S. The suggestion of bank J.P. Morgan Chase & Co. to assess a business case to prioritize government's investment for the overhaul of the country's payments system is noted. Retailer Wal-Mart Stores Inc.'s...

  • Chase Working With Apple On Developer Webinars.  // ISO & Agent Weekly;10/9/2014, Vol. 10 Issue 37, p15 

    The article reports that JPMorgan Chase Bank is working with Apple Inc. to develop web seminars for payment system developers and merchants.

  • JPMorgan Chase Unveils Payment Services. Wolfe, Daniel // CardLine;10/29/2010, Vol. 10 Issue 45, p28 

    The article reports that the treasury services of J.P. Morgan Chase & Co. recently announced several new payment services.

  • Contactless Gets Private (Label) Push. Lindenmayer, Isabelle // American Banker;4/12/2006, Vol. 171 Issue 70, p1 

    The article focuses on contactless payment card issuers, who have invested heavily in co-marketing campaigns. Retailers that are most interested in upgrading their systems to accept contactless cards prefer private-label to bank cards. Tom O'Donnell, a senior vice president for JPMorgan Chase &...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics