Consumer E-Lockbox
- Automatically interfaces between clients and bill service providers for straight-through consumer bill payment consolidation and reconciliation for clients
- Provides a consolidated view of bill payments, validates account numbers, matches cross-references, reversals and rejections within bank-powered Consumer E-Lockbox
- Saves bank resources and time, eliminates the risk of inaccurate payment consolidation and improves client experience
- Automates the end-to-end consolidation of payment information from multiple bill service providers while reconciling client inputs to deliver a single output file