TITLE

PNC Hands ACH Archive to eGistics

AUTHOR(S)
SISK, MICHAEL
PUB. DATE
September 2009
SOURCE
Bank Technology News;Sep2009, Vol. 22 Issue 9, p30
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on a deal between PNC Bank Corp. and eGistics Inc. in which eGistics Inc. will be hosting the bank's automated clearing house (ACH) archive in 2009 in the U.S. It is claimed that the bank is the first to outsource its ACH archive. An advantage for the bank is that when it investigates a transaction, bankers can make annotations in the archive.
ACCESSION #
44210615

 

Related Articles

  • PNC Using ACH Archive to Aid Searches, Fraud Detection. Bills, Steve // American Banker;8/3/2009, Vol. 174 Issue 147, p8 

    The article reports that PNC Financial Services Group Inc. outsourced the archiving of its automated clearing house payments. This makes it easier for them to search for specific transactions and spot fraud. According to Steve Stone, a senior vice president in treasury management operations at...

  • Buyer's Guide 2005.  // Bank Technology News;Dec2004, Vol. 17 Issue 12, p1s 

    The article presents a buyer's guide for customers to deal with the technology-based banking procedures. The guide presents information of vendors that deal in various banking automation services. Some of these are ATMs; Branch banking automation; Call center solutions; Check transaction...

  • Fiserv Expands Network.  // American Banker;7/21/2009, Vol. 174 Issue 138, p10 

    The article reports that the financial technology company Fiserv Inc. announced it would open its fifth U.S. lockbox remittance processing center, this one located in Dallas, Texas. There has been an increasing trend among major banks to outsource remittance processing, as well as divesting...

  • Banks finalise systems to handle Sepa transaction as January looms. Flinders, Karl // Computer Weekly;12/18/2007, p10 

    The article reports on the move of various banks in Great Britain to finalize systems to process single European payment area (Sepa) transaction in preparation for the Euro-zone clearing system in January 2008. It stresses that Sepa is made by European Commission to make single payment clearing...

  • Lessons in ACH Data. Coffey, John J. // ABA Bank Marketing;Apr2002, Vol. 34 Issue 3, p52 

    Presents information on the use of automated clearing house (ACH) transactions to profile bank customers and increase profitability. Description of ACH data; Comparison between bank customers with an ACH relationship and customers without an ACH relationship; Information on how to utilize ACH...

  • Philippines Move To Electronic Check Presentment. Murphy, Patricia A. // Bank Technology News;Dec2000, Vol. 13 Issue 12, p79 

    Reports on the adoption of a semi-electronic inter-bank check clearing system in the Philippines. Similarity of the initiative with early versions of electronic check presentment in the United States; Model traditionally used by banks in and around Manila for clearing checks; Success of the...

  • ACH Growth Down, Value Up. Johnson, Andrew // American Banker;8/24/2010, Vol. 175 Issue 130, p6 

    The article discusses the volume of automated clearing house transactions for the second quarter of 2010.

  • Fledgling financial EDI net gains clout by signing PNC. Marjanovic, Steven // American Banker;3/16/1995, Vol. 160 Issue 51, p16 

    Reports that PNC Bank Corp. of Pittsburgh has joined the EDI Bank Alliance Network Exchange (Edibanx), a move that will add needed volume to a recently launched payment system. Edibanx's job of handling several hundred financial electronic data interchange (EDI) transactions daily.

  • International ACH transactions.  // Smart Business Philadelphia;Aug2009, Vol. 5 Issue 12, p26 

    An interview with Paula Rowe, senior product manager of the PNC Bank Corp., is presented. When asked about the attributes of the International Automated Clearing House (ACH) Transaction Standard Entry Class Code, she says that these involve foreign financial institutions. She mentions that these...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

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

Try another library?
Sign out of this library

Other Topics