Webster Bank and Standard Register Sign Multi-Year Customer Communications Services Agreement
11 Fevereiro 2015 - 12:00PM
Business Wire
Standard Register (NYSE: SR), a leading provider of workflow,
content and analytics, announced today the signing of a
multi-million dollar agreement with Webster Bank. Under the
agreement, Standard Register renewed its contract through 2018 to
provide enterprise print management and promotional marketing
programs and expanded the relationship to include electronic bill
presentment and payment (EBPP) services.
The EBPP solution, provided in partnership with Transactis,
allows Webster Bank to offer its business, government and
commercial banking clients a highly-customizable, feature-rich
solution that enables the secure distribution of electronic bills
and invoices and accepts payments via the web, voice, phone and
mobile. The EBPP platform will enhance Webster’s Payment-Link®
product and meet the diverse and challenging billing and payment
needs of businesses in all industries. The solution can support a
variety of website integration methods and enables the bank’s
clients to offer a low cost online bill pay solution to their
customers while facilitating payments through credit cards, debit
cards and the Automated Clearing House (ACH) network.
“By providing a complete, configurable solution, we’re enabling
our business, government and commercial banking clients to offer
their customers a robust payment platform without a lengthy
implementation timeline,” said Phil Picillo, Senior Vice President
and Director of Treasury & Payment Solutions for Webster Bank.
“In this way, Standard Register and Transactis are helping our
customers compete in their chosen markets. It’s just one of the
innovative ways that Webster Bank is bringing new value to its
clients."
Since 2008, Standard Register has managed a full range of
technology-enabled communications for the personal, business and
commercial/institutional banking groups at Webster Bank, including
traditional document management, statements, customer notices,
point-of-sale material and promotional marketing. The new EBPP
solution will be introduced in the first quarter of 2015.
“Transactis is the ideal partner for us because they share our
commitment to delivering a highly configurable, total solution,”
said Courtney Allen, senior vice president and general manager of
marketing for Standard Register’s Integrated Communications
business unit. “They surround industry-leading software with robust
customer service, implementation and support to help banks take
their solution out to the market.”
“We are proud to join forces with Standard Register, a trusted
partner of Webster Bank, to improve and simplify the accounts
receivable process for their customers,” stated Bil Manes, chief
strategy officer at Transactis. “Through our partnership, Standard
Register is enabling a new capability that will allow Webster Bank
to expand its commercial banking relationships while consolidating
its supplier base.”
About Standard Register
Standard Register (NYSE:SR) is trusted by the world’s leading
companies to advance their reputations and add value to their
operations by aligning communications with corporate brand
standards. Providing market-specific insights and a compelling
portfolio of workflow, content and analytics solutions to address
the changing business landscape in healthcare, financial services,
manufacturing, transportation and retail markets, Standard Register
is the recognized leader in the management and execution of
mission-critical communications. More information is available at
http://www.standardregister.com.
About Webster Bank
Webster Financial Corporation is the holding company for Webster
Bank. With $22 billion in assets, Webster provides business and
consumer banking, mortgages, private banking, trust and investment
services through 165 banking offices; 311 ATMs; telephone banking;
mobile banking; and the Internet. Webster Bank owns the asset based
lending firm Webster Business Credit Corporation; the equipment
finance firm Webster Capital Finance Corporation; and provides
health savings account trustee and administrative services through
HSA Bank, a division of Webster Bank. Member FDIC and equal housing
lender. For more information about Webster, including past press
releases and the latest annual report, visit the Webster website at
www.websterbank.com or follow us on LinkedIn
http://linkedin.com/company/webster-bank and Twitter
https://twitter.com/WebsterBank.
About Transactis
Transactis transforms traditional paper billing and payment
processing by enabling businesses of all sizes to replace paper
bills, statements, invoices, payments and documents with efficient
and cost effective digital alternatives. Transactis goes to market
exclusively with resellers (financial institutions, technology
companies, print and business process outsourcers) to provide their
business customers with secure, configurable, white-label,
industry-leading SaaS solutions. More than a technology provider to
resellers – Transactis is a full service business partner,
delivering a broad and deep suite of unmatched sales, marketing,
technical and operational support, empowering our resellers to more
successfully serve their clients. The Transactis team includes
executives, board members and advisors who are seasoned industry
experts with decades of experience in the billing and payments
industry. Transactis meets the strictest regulatory and compliance
requirements including HIPAA, SSAE 16, PCI Level 1, and SOC 2.
Transactis investors include Metamorphic Ventures, ff Venture
Capital, StarVest Partners, Harland Clarke and Safeguard
Scientifics (NYSE:SFE). For more information, please visit
www.transactis.com
Standard RegisterInvestor and media contact:Carol Merry,
614-383-1624carol.merry@fahlgren.com
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