PITTSBURGH, Oct. 28 /PRNewswire-FirstCall/ — A free cyberconference on “Industry Leading B2B Collections Solutions: A Look at Mellon’s New Wholesale Lockbox Capabilities” will be presented by Mellon Global Cash Management (GCM), a treasury services business of Mellon Financial Corporation (NYSE: MEL), on Wednesday, November 3 from 2-3 p.m. EST. Registration for the event can be done online at www.mellon.com/insight04 or by calling 1 800 424-3004.
In this session, Mellon’s receivables experts will provide an overview of the next generation of wholesale lockbox processing, including the current conversion to the industry-leading Data Management Products, Inc. (DMP) IntegraPAY® processing platform. Participants will learn about new features of the business-to-business collection system, details of the phased conversion approach and what to expect during implementation of the new platform. Also explored will be the latest technologies being employed in wholesale lockbox to help customers obtain quicker access to remittance information and improve their accounts receivable posting processes.
Mellon GCM’s next free cyberconference is “New Dimensions in Fraud Prevention: What Every Business Needs to Know to Head Off the Potential for Unauthorized Disbursements” on Wednesday, December 1 from 2-3 p.m. EST. Mellon GCM experts from automated clearing house, corporate card and disbursements will lead an interactive discussion about how fraud is affecting business today and offer some information on possible security measures and deterrents participants can consider as protection against unauthorized transactions.
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® Quality Index™ of 33 major cash management providers. Mellon GCM also is the only electronic payments services provider in the U.S. to successfully complete both a Level 3 Capability Maturity Model® (CMM®) assessment for its software engineering practices and attain ISO 9001:2000 registration. More information on Mellon GCM is available at 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, human resources and investor solutions, and treasury services. Mellon has more than $3.7 trillion in assets under management, administration or custody, including $670 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 www.mellon.com.
