Kristen Pulkkinen, Author at Aliaswire

Deluxe and Aliaswire Partner to Modernize Digital Bill Pay

Minneapolis, MN and Burlington, MA, September 28, 2023 – Deluxe (NYSE:DLX), a Trusted Payments and Data company, and fintech Aliaswire, Inc. have announced a new partnership that will introduce Aliaswire’s DirectBiller bill payment technology across the extensive Deluxe network of banks, partners, and direct clients. This collaboration highlights the significant opportunity to digitize more business payments.

“Our goal is to facilitate our clients’ transition to digital payment offerings,” explained Michael Reed, Division President of B2B Payments at Deluxe. “Deluxe has been providing digital payment solutions to our customers for some time, and now, in partnership with Aliaswire, we aim to extend our reach. This expansion provides Deluxe with a strategic advantage, as the capabilities are seamlessly embedded in our Merchant Services Platform, First American, offering a comprehensive online payment processing experience for our clients.”

Recognizing the unique payment preferences of each client, this partnership seeks to enhance digital processing solutions, enabling businesses to send bills, accept payments, and access funds in accordance with their preferences. The integration of DirectBiller into the Deluxe platform amplifies its capabilities, broadens Deluxe’s outreach, and fortifies its ability to serve a more diverse range of clients.

“Deluxe is one of the most trusted and respected providers in the banking industry with thousands of financial institution clients,” said Jed Rice, CEO of Aliaswire. “They are a perfect fit for DirectBiller, the only independent biller direct platform delivered through channel partners. We’re excited to partner with Deluxe as more banks look to actively incorporate online bill pay into their integrated receivables offerings to generate reliable revenue and build stickier client relationships in an unstable environment.”

DirectBiller is a highly adaptable platform employed by leading banks and their commercial clients, spanning small and mid-sized companies to Fortune 500 enterprises. It manages the entire process from invoicing through payment reconciliation, seamlessly integrating with banks’ treasury management systems and their clients’ ERP systems. Businesses can effortlessly transmit digital bills, accept digital payments, and receive funds on the following business day. Payers can conveniently view bills and make payments via web, mobile, IVR, kiosk, Text2Pay, and digital wallets.

About Deluxe

Deluxe, a Trusted Payments and Data company, champions business so communities thrive. Our solutions help businesses pay, get paid, and grow. For more than 100 years, Deluxe customers have relied on our solutions and platforms at all stages of their lifecycle, from start-up to maturity. Our powerful scale supports millions of small businesses, thousands of vital financial institutions and hundreds of the world’s largest consumer brands, while processing approximately $3 trillion in annual payment volume. Our reach, scale and distribution channels position Deluxe to be our customers’ most trusted business partner. To learn how we can help your business, visit us at www.deluxe.com.

About Aliaswire, Inc.

Aliaswire is a fintech company based in Boston with a history of innovation in payments. The company supports leading financial institutions and their over 800 clients with modern B2B and B2C bill pay capabilities through its DirectBiller® platform. Citi, Bank United, BMO, East West Bank, Pacific Premier Bank and MUFG are just some of the institutions serving their commercial customers’ payment needs with DirectBiller. For more information, visit https://www.aliaswire.com.

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Press Contact:

Tim Walsh
617.512.1641
timw@walshgroupmarketing.com

Keith Negrin, VP, Communications
612-669-1459
keith.negrin@deluxe.com

Advanced B2B Invoicing and Payment Capabilities for Manufacturers and Distributors

Addresses complex requirements in B2B customer relationships

Sees 228% increase in payment dollar volume from manufacturers and distributors over the last 12 months

BURLINGTON, MA, JUNE 30, 2022 – Aliaswire, a provider of bill payment and credit solutions for businesses and banks, today announced the general availability of new invoicing and payment capabilities for manufacturers and distributors in its DirectBiller® platform. The advanced features address the unique requirements of business-to-business (B2B) customer relationships and transactions in manufacturing and distribution.

The announcement comes as Aliaswire builds on strong momentum in the segment. The company saw a 228% increase in dollar volume processed by manufacturers and distributors on its DirectBiller platform over the last 12 months.

The B2B ecosystem is trying to move away from paper-based processes and payment methods to digital workflows that speed the flow of funds between trading partners and enhance visibility into cash flow and partner payment status. But the shift has been slowed by the complexity of B2B customer relationships. There is typically a high degree of customization in product offerings and accompanying services, and pricing and payment terms can vary widely from one customer to another. Multi-page/item invoices, line-item disputes, credit memos, pre-set credit limits, and convenience payment fees are very common aspects that must be accounted for in the move to digital invoicing and payment.

Offered exclusively through bank partners, DirectBiller manages the entire end-to-end process from invoicing through payment reconciliation, integrating seamlessly with business ERP systems and their banks’ treasury management systems. The platform is able to pull, present and manage complex B2B invoice data from different sources, incorporating disputes, credit memos and daily net settlement of surcharge and convenience fees. DirectBiller also offers Request-for-Pay using the RTP^Ò network to enable customers to manage their credit levels and assure the timely delivery of inventory and supply.

“Having your customer pay an invoice is one thing but reconciling that payment in a timely manner to reflect an accurate balance that takes into account things like credit memos, returns, and disputes, is entirely another,” said Jed Rice, CEO at Aliaswire. “DirectBiller helps manufacturers and distributors automate what is now a very messy and time-consuming process. As a result, they get paid faster, improve client satisfaction and reduce their cost of getting paid.”

Key features in DirectBiller for Manufacturing & Distribution

Bill Presentment

Full PDF presentment of complex and multi-page invoices
Custom field display and processing through the payment process such as customer IDs, product codes and PO numbers
Automated payment reminders

Bill Payment

Single payment transactions for multiple invoices
Easy application of credit memos against balance due
Individual invoice dispute
Multiple payment options (web, mobile, text, CSR, IVR)
One-time payment and auto pay

Flexible Card Processing and Fee Management

Patented technology streamlines daily net settlement of surcharges, convenience fees
Competitive “cost plus” interchange pricing, including Level 2/3 processing

Support for Multiple Divisions

Treat business units and product lines as separate entities; link each one to the corporate entity
Reporting at business unit/product level; consolidated at the corporate level
Each division can have:
- Unique payment websites
- Funds settled into unique deposit accounts
- Separate tender type choices (ACH + Credit Card, ACH-only, Credit Card Only)
- Separate payment fee rules (Credit Card + Fee and Free ACH)
- Separate bill and reconciliation files
- Controlled CSR access

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About Aliaswire, Inc.

Aliaswire is a fintech company based in Boston with a history of innovation in payments. The company supports leading financial institutions and merchant services providers with bill pay through DirectBiller® and small business credit solutions through PayVus®. For more information, visit https://www.aliaswire.com/.

Media Contact

Tim Walsh, for Aliaswire

timw@walshgroupmarketing.com

617.512.1641

New Multi-Payer Capability for Property Management

DirectBiller platform addresses unique billing and payment requirements of commercial and residential property managers

BURLINGTON, MA, JUNE 14, 2022 – Aliaswire, a provider of bill payment and credit solutions for businesses and banks, today announced the general availability of a new Multi-Payer capability in its DirectBiller platform for property management.

Offered exclusively through bank partners, DirectBiller equips property managers to offer custom-branded billing and payment experiences to their clients. The new Multi-Payer feature enables residents in the same household to log in separately to make payments against their shared account including rent, dues, service fees, security deposits and more. They can also see their payments posted in real-time. The new offering encourages on-time payments while also streamlining administrative tasks for property managers and their finance staff.

Covid drove a surge in demand for digital bill pay capabilities as paper-based methods created significant friction for both commercial and residential transactions, slowing payment cycles and creating unnecessary manual work. Tenants have been looking for convenient, contactless payment options, and property managers needed the ability to manage inbound payments remotely and to accelerate payment cycles.

“The monthly bill pay experience is typically the most frequent touchpoint property managers have with their tenants,” said Jed Rice, CEO at Aliaswire. “Providing easier ways to pay rent and fees can make a big difference in tenant satisfaction and on-time payments. With DirectBiller, property managers can offer that modern convenience while also gaining much greater control of the payment, settlement and reconciliation process for each property.”

DirectBiller manages the entire end-to-end process from tenant invoicing through payment reconciliation integrating with property management firms’ ERP systems and their banks’ treasury management systems. It also offers tenants a variety of convenient modern payment methods including web, mobile, Text2Pay, CSR and IVR.

In addition to the new Multi-Payer capability, other key features in DirectBiller for Property Management include:

Support for Multiple Properties – DirectBiller can support individual properties as separate entities and link each one to the corporate entity. Reporting can be viewed at the individual property level and consolidated at the corporate level. Each property can have:
- Unique payment website
- Funds settled into unique deposit accounts
- Separate tender type choices (ACH + Card, ACH-only, Card Only)
- Separate payment fee rules (Card + Fee and Free ACH)
- Separate bill and reconciliation files
- Controlled CSR access

Consolidated Payments on One Site – Property managers can have a single payment site for multiple properties. This site provide one selection of tender types and fee rules, and property managers can receive one consolidated reconciliation file. DirectBiller can settle funds into multiple deposit accounts, selected by the tenant at time of payment. The payer chooses from a drop-down feature to indicate the property and type of payment (rent, dues, fees, etc.).

Payment Control – This feature ensures timely payments by controlling when payments can and can’t be made, simplifying monthly reconciliation efforts.

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About Aliaswire, Inc.

Media Contact

for Aliaswire

Tim Walsh

timw@walshgroupmarketing.com

617.512.1641

Aliaswire Appoints New CFO

Brian Bartlett joins fast-growing fintech

BURLINGTON, MA, APRIL 7, 2022 – Aliaswire, a provider of bill payment and credit solutions for businesses and banks, today announced the appointment of financial veteran Brian Bartlett as CFO. In his role, Bartlett will be responsible for financial operations, planning and reporting, human resource management, and helping to shape overall strategy and direction.

Bartlett’s experience spans 20 years as an entrepreneurial-minded finance leader with exceptional operational, analytical and planning skills coupled with a roll-up-the-sleeves, can-do mentality. He brings significant experience in start-up, early- and growth-stage companies across high tech, professional services and biotech. His background also includes raising capital, M&A and business development.

Most recently, Bartlett was Chief Financial & Accounting Officer at AZTherapies, a clinical stage biotech focused on the treatment of neurodegenerative diseases. Previously, he was Partner at The DMF Group, providing across-the-board financial, strategic and operational consulting services to start-ups and early-stage companies. Prior finance roles include MembersFirst, a SaaS and professional services provider, GetConnected, a SaaS-based order processer for digital service providers and retailers, Houghton Mifflin, a leading educational publishing company, and edocs, one of the early innovators in the online self-service and payment space.

“Brian brings a great combination of financial operational abilities and strategic mindset on how we can best fuel the growth of our company,” said Jed Rice, CEO of Aliaswire. “He has demonstrated the ability to elevate the finance function from transactional and tactical to trusted strategic business partner. And he’ll be key in the next stage of our evolution as a company.”

“It’s a really exciting time to be joining Jed and the rest of the Aliaswire team,” said Bartlett. “The company’s recent performance has been exceptional, and I believe we are very well positioned in the market as payments become an increasingly strategic aspect of the relationship businesses have with their customers – both B2B and B2C.”

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About Aliaswire, Inc.
Aliaswire is a fintech company based in Boston with a history of innovation in payments. The company supports leading financial institutions and merchant services providers with bill pay through DirectBiller® and small business credit solutions through PayVus®. For more information, visit https://www.aliaswire.com/.

Media Contact
for Aliaswire
Tim Walsh
timw@walshgroupmarketing.com
617.512.1641

Aliaswire Delivers Record Results Providing Digital Pay to Bank Partners

NEWS RELEASE

Results highlight growing opportunity for banks to
generate revenue and retain clients with low investment

BURLINGTON, MA, MARCH 8, 2022 – Aliaswire, a provider of bill payment and credit solutions for businesses and banks, today announced record 2021 results, doubling its total revenue and headcount for the year. The company’s growth was fueled by its DirectBiller digital bill pay platform, which equips banks to offer their commercial clients a modern, custom-branded billing and payment experience to their customers.

For the 12 months ending Dec. 31, 2021, Aliaswire saw a 400% increase in the number of payments made on DirectBiller and a 70% increase in the total dollar value of payments processed vs. the same period in 2020. The biggest drivers of these increases were from major utilities, insurance companies and the public sector. Aliaswire currently supports over 800 businesses on the platform and an annual processing run rate of nearly $6 billion.

DirectBiller is a software-as-a-service (SaaS) platform that manages the end-to-end process from invoicing through payment reconciliation and integrates with banks’ treasury management systems and their clients’ ERP systems. Businesses can send digital bills, accept digital payments, and receive funds the next business day. Their customers can make automated, scheduled, or one-time payments by computer, voice, or mobile device, including text to pay. Both banks and their clients are supported by a dedicated support team.
“Both businesses and consumers are looking for more convenient and secure ways to pay their bills,” said Jed Rice, CEO of Aliaswire. “Banks are well positioned to help their commercial clients deliver on that need. DirectBiller gives banks the ability to offer the latest digital bill payment capabilities, while also generating profitable new fee revenue and creating stickier relationships. It’s a huge opportunity.”

Aliaswire is carrying its strong momentum into 2022:

⦁ Last month, Aliaswire announced integration of DirectBiller with Mastercard Bill Pay Exchange. Billers using the DirectBiller platform can now offer an enhanced billing and payment experience to consumers who prefer to pay bills through their financial institution’s bill pay service or through a bill pay aggregator.

⦁ In February, Aliaswire also announced the addition of a new bank account validation (BAV) solution for banks and their commercial clients. The availability of the solution comes in advance of the pending enforcement of a new web debit rule which requires ACH originators to make account validation an explicit part of their fraud detection efforts.

⦁ In January, Aliaswire made its DirectBiller platform available to businesses in Canada in both English and French-Canadian language. DirectBiller is certified by Moneris Canada to support credit card payments in the country.

⦁ In December 2021, Aliaswire was the first business service provider to deploy Citi’s new Request for Pay and Citi Verify services, part of Citi’s Present and Pay real-time payment capability.

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Media Contact
for Aliaswire
Tim Walsh
timw@walshgroupmarketing.com
617.512.1641

DirectBiller now Integrated with Mastercard Bill Pay Exchange™

Integration with DirectBiller bill pay platform adds convenience
for consumers, banks and their clients

BURLINGTON, MA, FEBRUARY 17, 2022 – Aliaswire, a provider of digital payment and credit solutions for businesses and banks, today announced that it has integrated its DirectBiller payment platform with Mastercard Bill Pay Exchange. Businesses using the DirectBiller platform can now offer an enhanced billing and payment experience to consumers who prefer to pay bills through their financial institution’s bill pay service or through a bill pay aggregator.

Aliaswire’s DirectBiller bill pay platform equips banks to offer commercial clients custom-branded billing and payment experiences to their customers. DirectBiller manages the end-to-end process from invoicing through payment reconciliation and integrates with banks’ treasury management systems and bank clients’ ERP systems. The addition of Mastercard Bill Pay Exchange enables DirectBiller clients to offer their customers a wider range of billing and payment options, while streamlining accounts receivables and reducing operational costs.

Mastercard Bill Pay Exchange is a digital solution that makes it easier for consumers to view, manage and pay their bills in one central location with real-time biller setup, electronic bill presentment, choice of payment type, and payment confirmation from billers.

Aliaswire will partner with Citi Treasury and Trade Solutions to offer Mastercard Bill Pay Exchange through Citi Present and Pay, an omni-channel electronic bill presentment and payment platform. Citi Present and Pay allows Citi’s U.S. institutional clients to distribute bills digitally to customers across multiple communication channels, including email, SMS/text, voice/phone, and web and mobile web; and to collect corresponding bill payments via ACH, credit and debit cards, instant payments through The Clearing House RTP© network and alternative payment methods (APMs). Mastercard Bill Pay Exchange extends the capabilities available to Present and Pay clients.

“We continue to invest in Citi Present and Pay to enable our institutional clients to create a better bill-pay experience for their customers, and to help remove costly inefficiencies for billers. We are pleased to add Mastercard Bill Pay Exchange as a capability to our market-leading platform,” said Anupam Sinha, Global Head of Domestic Payments and Receivables, Citi Treasury and Trade Solutions.

“Our bank partners and their clients understand that customers have different payment preferences and they are committed to providing that flexibility,” said Jed Rice, CEO of Aliaswire. “By integrating DirectBiller with Mastercard Bill Pay Exchange, we are expanding those options and providing customers with the convenience, speed, and transparency they want when managing their finances.”

“Mastercard is focused on improving the ways people and businesses pay and get paid, providing greater choice and convenience, said Ron Shultz, Executive Vice President, Global Bill Pay Product Development at Mastercard. “We’re excited to collaborate with Aliaswire and Citi Treasury and Trade Solutions to enable real-time billing and payment options for their customers with Mastercard Bill Pay Exchange. Through our real-time data services and multi-rail capabilities, we’re bringing greater efficiencies and choice to billers and consumers alike.”
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Media Contacts:

for Aliaswire
Tim Walsh
timw@walshgroupmarketing.com
617.512.1641

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