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A Portfolio of Payment Solutions for

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BankBackOffice offers a complete suite of ACH-based payment processing products utilizing state-of-the-art ... Western Payment Alliance ... Presentation PowerPoint ... – PowerPoint PPT presentation

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Title: A Portfolio of Payment Solutions for


1
A Portfolio of Payment Solutions for Company Name
2
PROFILE
Proving just how quickly the pace of technology
has changed competitive business
Service
BankBackOffice offers a complete suite of
ACH-based payment processing products utilizing
state-of-the-art technology that expedites the
entire payment lifecycle.
Market
National company operating in all 50 states and
US territories.
Serving
BankBackOffice payment solutions are now used by
over 4,600 companies in over 19,000 locations
servicing over 40 million customers.
Ownership
Transformation
Closely held private corporation founded in 2001
In four short years, BANKBACKOFFICE has
transformed from a startup to a power player in
the area of payment processing and technology,
surpassing companies like TeleCheck and Certegy
with a combination of technology and
consumer-centric service.
Locations
Corporate Offices Irvine, CA
International Facilities Mexico City,
Mexico Madurai, India
Processing Dallas, TX Columbus, OH
3
LIFECYCLE
Only ONE vendor
How many vendors does it take to process a
payment ?
Payment challenges
Payment solutions delivered to merchants today
all suffer from the same problem
They were not designed by merchants. These
systems were designed to fill the needs of banks,
collection agencies, credit-reporting agencies,
guarantee companies, check verification
companies, etc and then were adopted to service
merchants.
This is why most merchants use multiple vendors
just to process a payment fully through its
lifecycle.
Bank Back Office provides
At Bank Back Office, we took a different approach.
Lowest possible cost to process payments at each
stage in the payment lifecycle.
One number to call for all aspects of Check/ACH
payments including, support, setup, integration
and customization.
From our foundation, our entire focus was to
build a solution that satisfied ONLY the needs of
merchants and worked through the entire payment
lifecycle. We've done that and now for a customer
the answer is simple
Innovative technology bringing ACH pricing to
card swipes.
Complete integration with dozens of POS,
software, middle-ware and hardware systems.
Dynamic performance analysis that runs each day
showing FEDChex performance in real-time.
4
SOLUTIONS
A la carte or fully integrated
We have the solutions
AUTHORIZE
PROCESS
RECOVER
COLLECT
AUTHORIZE
iAuth Payment verification and risk control
system
PROCESS
iDeposit Check and ACH payment processing system
Xcelone Card-based ACH payment system
Integration Simplifies and Optimizes
5 vendors, 5 interfaces reduced to one interface,
one website, one vendorBank Back Office.
RECOVER
iRecover Patented treasury management systems
COLLECT
iCollect Professional, certified collections
5
LEADERSHIP
Contributing directly to the future of payment
policies
FEDChex is a strong voice for its clients in all
forms of electronic payments. FEDChex takes an
active leadership role in payment industry
associations, trade groups, standards committees
and organizations.
Voting Member FEDChex actively leads as a voting
member of the following associations that set
standards for electronic payment transactions.
ETA - Electronic Transaction Association
TAWPI - The Association for Work Process
improvement
From our formation FEDChex made a strategic
decision that payment industry standards and
practices would be front and center on our
agenda. We've dedicated significant resources to
industry associations, standards and rule-making
bodies not just to participate but lead in the
same fashion that FEDChex has led
technologically. This commitment runs to the very
core of FEDChex's cherished values of putting our
clients and their consumers first. Rodney Davis
FEDChex CEO
ECC - Electronic Check Council
Policy Member FEDChex resides as an active policy
member with the payment industry's leading
associations.
ACA - American Collectors Association
WesPAY - Western Payment Alliance
NACHA - National Automated Clearing House
Association
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