Mellon Enterprise Cash Management Schedules Free Cyberconference on Innovations In Consumer Receivables
August 15 2005 - 8:45AM
PR Newswire (US)
PITTSBURGH, Aug. 15 /PRNewswire-FirstCall/ -- A free
cyberconference on "Innovations in Consumer Receivables" will be
presented by Mellon Enterprise Cash Management on Thursday, August
18 from 2-3 p.m. EDT. Registration for the event can be done online
at http://www.mellon.com/ecm or by calling 1-800-424-3004. During
this session, Enterprise's product managers will educate
participants on how advances like same-day Web exception, image
archiving and specialized exception reporting are transforming the
collection of consumer payments into a more efficient,
information-rich solution. Other upcoming cyberconferences to be
hosted by Mellon Enterprise include: * "Combating Payment Fraud in
the Age of Electronics" on Thursday, September 15 from 2-3 p.m.
EDT. Disbursement experts will explain how the increase in domestic
electronic payments may impact the need for changes in fraud
prevention programs and the U.S. payment system overall, as well as
other compelling factors about the migration to electronics and
what it means to banks and their business customers. * "Exploring
the Potential of Private-label Outsourcing" on Thursday, October 6
from 2-3 p.m. EDT. Bob Stasik, Mellon executive vice president and
director of Mellon Global Cash Management (GCM), will overview the
factors that banks should consider when devising their cash
management strategies and evaluating outsourcing options.
Participants will gain a solid understanding of the internal and
external forces that impact this important business decision and
learn how Mellon's "private-label" approach has made outsourcing
attractive for many banks. * "Increasing the Efficiency and
Controls of Foreign Currency Payments" on Thursday, November 17
from 2-3 p.m. EST. Participants will learn how their bank and their
business customers can better execute international transactions;
benefit from end-to-end payment tracking and reporting; and
understand the "must have" features offered by a foreign payments
provider. Mellon GCM provides a full range of cash management
outsourcing solutions to financial institutions through its
Enterprise business unit. Available services include wholesale and
retail lockbox, controlled disbursement, positive pay, account
reconciliation, data exchange, electronic cash management
information reporting, wire transfer and ACH origination. Banks
that private label/outsource cash management services can realize
the benefits of significant fee-based revenues, while avoiding
considerable capital investments. Mellon Global Cash Management, a
payments industry leader synonymous with quality performance and
known for its innovation and expertise, designs comprehensive
solutions through its broad line of cash management services to
meet the specialized treasury needs of corporations, nonprofit
organizations and financial institutions. Recently, an
independently-administered customer satisfaction survey revealed
that Mellon GCM continues to distinguish itself from its
competition in the areas of operating quality, commitment to cash
management and customer service. In addition, Mellon GCM was one of
only two providers to achieve an A+ average for product performance
in the 2004 Phoenix-Hecht(R) Quality Index(TM) of 33 major cash
management providers. Throughout 2005, Mellon GCM is celebrating
its 50th anniversary in remittance processing. In addition, Mellon
GCM is the only electronic payments services provider in the U.S.
to successfully complete both a Level 3 Capability Maturity
Model(R) (CMM(R)) assessment for its software engineering practices
and attain ISO 9001:2000 Registration. More information on Mellon
GCM is available at http://www.mellon.com/gcm. Mellon Financial
Corporation is a global financial services company. Headquartered
in Pittsburgh, Mellon is one of the world's leading providers of
financial services for institutions, corporations and high net
worth individuals, providing institutional asset management, mutual
funds, private wealth management, asset servicing, payment
solutions and investor services, and treasury services. Mellon has
approximately $4.2 trillion in assets under management,
administration or custody, including $738 billion under management.
Its asset management companies include The Dreyfus Corporation and
U.K.-based Newton Investment Management Limited. News and other
information about Mellon is available at http://www.mellon.com/.
DATASOURCE: Mellon Financial Corporation CONTACT: Ron Gruendl of
Mellon Financial Corporation, +1-412-234-7157, or Web site:
http://www.mellon.com/ http://www.mellon.com/gcm
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