Although banks may appear the logical choice to provide consolidated electronic bill presentment (EBP) services, thus far it is the billers themselves and a few Internet portals that lead the way in offering electronic billing services to consumers. Today, the variety of EBP solutions has hampered progress towards a technology standard, the creation of which might encourage banks to invest in EBP capabilities. Meanwhile, those banks introducing EBP services may be obtaining a valuable foothold in this crucial Internet banking service, according to a recent report from Meridien Research titled, ‘Comparing Electronic Bill Presentment Solutions.’
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