These UK banks and banking systems. Document companies, including Interface Systems, Edocs and Pitney Bowes, plan to extract and prepare the data fork of electronic billing documents. The bill is, after all, just a vehicle for billing data, said Killen. IT firms such as NetDelivery in Canada and EBX in Malaysia are proposing to be consolidators. ISPs such as Yahoo are also in the running.
Banks are clearly well positioned to act as bill aggregators.
More will come out of the woodwork,' she added. ISI's customers include Schroder Unit Trusts, which implemented a system for its independent financial advisers to access online statements and reports. The HFC Bank and Nationwide Building Society, which are also ISI clients, are using similar systems to put credit card and other statements and documents online, said Kershaw. Steve Thorn, senior designer at consultant and systems integrator Logica UK, said that banks will have access to payments and the trust of customers and high-profile brands. Thorn said that banks that offer Web billing services to customers can provide trust and authentication services, and use existing financial products such as Switch, Visa and Delta.