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Technology Stocks : Top Image Systems Ltd. (TISA)
TISA 0.850-0.5%May 6 4:00 PM EDT

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From: JakeStraw8/19/2014 9:07:47 AM
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TIS Americas Announces Agreement With Allied Payment Network to Implement MobiPAY
finance.yahoo.com

MobiPAY to Integrate With Allied Payment Network's Mobile Bill Pay Product, PicturePay(R)

Allied offers online and mobile bill payment services to financial institutions including banks and credit unions of any size, as well as directly to consumers. PicturePay integrates with multiple optical character recognition (OCR) engines, and TIS' proven recognition and image capture technology via MobiPAY will significantly improve the automated entry of payments in Allied's system.

"We are enthusiastic about cooperating with a market leader such as Allied to enhance the user experience of their PicturePay mobile payment product that allows a user to Point, Shoot and Pay their bills," commented Avi Mileguir, EVP and GM, TIS Americas. "Allied is committed to boosting mobile bill pay adoption by delivering a simple, reliable bill pay service that enhances the relationship between financial institutions and their customers in a cost-effective way; this partnership signifies a strong win-win for TIS and Allied."
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