Logica and edocs Join Forces to Deploy Internet Billing Solution for Norway's Largest Payment Service Provider, Bankenes Betalingssentral.Business/Technology Editors NATICK, Mass.--(BUSINESS WIRE)--June 19, 2000 BBS (1) (Bulletin Board System) A computer system used as an information source and forum for a particular interest group. They were widely used in the U.S. chooses Internet billing software from edocs with integration support from Logica edocs, a leading provider of Internet billing and customer management software and services and Logica, a leading systems integrator, today announced that they have been selected to deliver a comprehensive Internet billing presentment and payment solution for Norway's national payment service provider, Bankenes Betalingssentral Bankenes Betalingssentral or BBS is a Norwegian company that provides centralised management of payment transactions, giro management and bank clearing. Among the more important products are Bankgiro, eFaktura and BankAxept. (BBS). This solution is a joint project between BBS and Norway's four largest banks. BBS is Norway's market leading provider of secure payment services to banks, companies and private individuals. BBS cleared more than 600 million transactions in 1999 alone. The solution is based on an application developed by edocs, including edocs BillDirect(TM) Internet billing and customer management software. BillDirect transforms transactional content into personalized, interactive communications for enabling customer care and marketing via the Internet. Logica will provide BBS with systems integration and implementation services for billers and banks that sign-up for the Internet bill presentment and payment See EBPP. services. This offering will enable BBS customers to save costs associated with print and mail remittance processing, and will enhance customer relationships by giving consumers control over incoming bills, providing self-provisioning of products and services and making previous payment history available. Participating Norwegian banks have agreed to provide all consumers with access to the online bill presentment and payment solution, independent of their bank affiliation. "We view Internet billing as a value-added extension of our current service offering to Norway's largest banks," said Freddy Haraldsen, senior vice president for eBusiness at BBS. "We chose edocs software because it is a comprehensive, end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. that delivers the scalability, flexibility, and speed-to-market that BBS will require in order to meet Norway's banks and consumer's needs for online billing. And Logica's proven integration capabilities and experience in payment and billing systems make them an ideal integration partner," Haraldsen continued. "We are very pleased to collaborate with Logica's leading integration team to deliver an Internet billing solution for BBS, which is one of the most influential entities in the Norwegian financial market," said Jim Moran James Patrick "Jim" Moran Jr. (born 16 May 1945 in Buffalo, New York) has represented the 8th congressional district of Virginia since 1991. He is a member of the Democratic Party. His brother, Brian Moran, is a member of the Virginia House of Delegates. , executive vice president and co-founder of edocs. "This is also particularly exciting because this collaboration has the potential to significantly impact and improve the entire bill and statement review and payment process in Norway." "We believe that BBS is well-positioned to create a highly successful Internet bill presentment and payment solution that will benefit the billers, banks and consumers in Norway," said Bengt Odeen, president of Logica in Scandinavia. "We are pleased to partner with edocs to integrate their proven Internet billing solution for BBS." About edocs edocs, Inc. develops, markets and supports a leading software platform for Internet billing and customer management. edocs' flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , BillDirect, maximizes customer relationships by enabling web-based billing, customer self-service and targeted marketing. edocs' products are used by some of the world's largest providers of consumer credit, telecommunications, utility, and billing services, including American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. , GE Card Services The software support for PC Cards. PC Card applications talk to Card Services. See PC Card. , Telstra, Southern California Edison Southern California Edison (or SCE Corp), the largest subsidiary of Edison International (NYSE: EIX), is the primary electricity supply company for much of Southern California. It provides 11 million people with electricity. , Boston Edison, and Moore. For more information about edocs, visit www.edocs.com. About Logica Founded in 1969, Logica is a leading international computer consultancy, systems integration and software company. Logica's clients operate across diverse markets including telecomunications; finance; energy and utilities; industry, distribution and transport; public sector and space. Logica has around 8,500 staff in 23 countries worldwide and is listed on the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. where it is part of the FTSE 100 index FTSE 100 Index A market-weighted index of the 100 leading companies traded in Great Britain on the London Stock Exchange. The Financial Times of the largest UK listed companies. Logica has been established in Scandinavia since 1977 and now employs a staff of about 100 working out of offices in Stockholm, Malmo and Oslo. About BBS BBS was founded in 1972 and is the main clearing house in Norway and BBS also handles all card transactions in Norway. BBS, The Norwegian Banks Payment Services Company, is the market-leading provider of payment services to the Norwegian banks. BBS's mission is to enable banks, companies and private individuals to make and receive payments efficiently and securely. The company's operations are divided into three business lines; Card Systems, Giro giro Noun pl -ros 1. (in some countries) a system of transferring money within a bank or post office, directly from one account into another 2. Systems and Interbank Systems, catering to market needs for card-related payments, bill payments and clearing and settlement between banks. |
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