New Range of 'Customised' Internet-Based Cash Management Services Launched

Fiserv’s BankLink unit has launched a modular package of Web-based cash management services for financial institutions.iLINK enables corporate cash management customers to perform consolidated balance and transaction information reporting on all of their accounts on a current day, previous day or an unlimited historical basis. They can also initiate wire transfer and on-us account transfers; originate ACH Tax, Loan and other kinds of automated payments and collections; manage their checking with automated Stop Payment initiation and Imaging–all with the power and convenience of the Internet. Additional services scheduled for the second phase of the rollout later this year include cash concentration with remote input, bill payment and presentment, and check reconciliation.

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