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
"Allied is dedicated to providing the most innovative and technologically advanced mobile bill pay solutions to our customers. By employing MobiPAY, we will continue to improve our service quality, data recognition rates and scalability, and will be better placed to provide end-to-end bill pay solutions including faster response times and additional in-transaction services," explains
About Allied Payment Network
Allied Payment Network is an industry-leading provider of emerging bill pay technologies to the financial services and retail industries. With its award-winning solution, PicturePay®, Allied pioneered the first mobile photo bill pay application for smartphones and has brought the same level of innovation to its full suite of online and mobile bill pay channels including solutions for Internet bill pay, small business payments, over-the-counter payments and online loan payments, among others. Allied's goal is to make the bill paying process easier and more convenient for consumers, and more efficient and cost effective for the financial institutions who serve them. For more information, visit www.AlliedPayment.com.
Top Image Systems™ (TIS™) Ltd. is a leading innovator of enterprise solutions for capturing and validating structured and unstructured content entering organizations from various sources and managing content-driven business processes. Whether originating from mobile, electronic, paper or other sources, TIS solutions automatically capture, process and deliver content across enterprise applications. TIS' flagship eFLOWplatform and diverse business process and mobile image processing solutions are marketed in more than 40 countries through a multi-tier network of distributors, system integrators, value-added resellers and strategic partners. Visit the company's website at http://www.TopImageSystems.com for more information.
Top Image Systems Caution Concerning Forward-Looking Statements
Certain matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results expressed or implied in those forward looking statements. Words such as "will," "expects," "anticipates," "estimates," and words and terms of similar substance in connection with any discussion of future operating or financial performance identify forward-looking statements. These statements are based on management's current expectations or beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially including, but not limited to, risks in product development, approval and introduction plans and schedules, rapid technological change, customer acceptance of new products, the impact of competitive products and pricing, the lengthy sales cycle, proprietary rights of TIS and its competitors, risk of operations in
CONTACT: Allied Payment Network Press Contact:
Lauren Schusterlauren@williammills.com +1-678-781-7209 TIS Company Contact: Shelli Zargary Director of Corporate Marketing and Investor Relations firstname.lastname@example.org +972 3 767 9114 TIS Investors: James CarbonaraRegional Vice President Hayden IRjames@haydenir.com + 1 646 755 7412