Co-operative Bank and Exela Technologies Extend Relationship by Launching Confirmation of Payee (CoP) Service
Exela Technologies, Inc. (XELA)
Last exela technologies, inc. earnings: 5/9 04:30 pm
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Source: GlobeNewswire
IRVING, Texas, May 19, 2020 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA) and Co-operative Bank today announced an expansion to their existing partnership to deploy Exela’s Confirmation of Payee (CoP) platform, an account name verification service as proposed by Pay.UK. The service provides an additional layer of security for customer transactions, ensuring that the money is sent to the intended bank account. In addition, it will complement Exela’s recently announced Request to Pay (RtP) solution, which enables consumers to electronically receive payment requests, view bills, and make real-time bill payments—all in one place. This additional layer of verification uses sophisticated algorithms and Open Banking, which enables financial information sharing and automating payment through an Application Programming Interface (API), to check that the payer’s account name matches the ‘payee’ account details. This service provides the payer with additional protect
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XELA
News
- Exela Technologies, Inc. to Host Fourth Quarter 2023 and Full Year 2023 Financial Results Conference Call [Yahoo! Finance]Yahoo! Finance
- Exela Technologies, Inc. to Host Fourth Quarter 2023 and Full Year 2023 Financial Results Conference CallGlobeNewswire
- Exela Technologies Holdings, Inc. Reports Full Year 2023 Results [Yahoo! Finance]Yahoo! Finance
- Exela Technologies Holdings, Inc. Reports Full Year 2023 ResultsGlobeNewswire
- Exela Technologies Announces Adjournment of Annual Meeting until June 13, 2024 [Yahoo! Finance]Yahoo! Finance
XELA
Sec Filings
- 4/24/24 - Form 4
- 4/4/24 - Form 8-K
- 4/3/24 - Form 10-K
- XELA's page on the SEC website