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NewProducts
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Leverage AI to build customer loyalty, trust

The solution's intuitive design makes bill and invoice
presentment and payment simple and engaging.
Businesses can establish user entitlements; view bill-
ing information; and make one-time, future-dated,
recurring and automatic payments and invoice pay-
ments.
• Customer Pay (Disbursements): This digital pay-out
ayrailz, a digital payments solutions provid- solution is designed to enable frictionless digital pay-
er to U.S. banks and credit unions, launched ment experiences between business clients and their
Action Insights, an integrated product offering customers. The solution enables users to disburse
P designed to help financial institutions enhance payments electronically to accountholders at U.S. fi-
their digital relationships with customers. The AI-based nancial institutions by providing an email address or
solution delivers personalized messages at scale, sending mobile phone number to initiate real-time, same day,
targeted notifications and recommendations to customers next day, or future scheduled payments.
based on their unique buying patterns, payment histories
and transaction data, the company stated. 'Do It For Me' solutions
Duggan described Action Insights as a key part of the
Kavita Singh, vice president of AI product management at Payrailz family of intuitive, intelligent "Do It For Me" solu-
Payrailz, remarked that Action Insights can boost customer tions, from voice interactions to mobile functionality, all of
confidence and reduce stress. "Action Insights are unique which are designed with both consumers and businesses
in that they use the power of artificial intelligence to tar- in mind. Advanced payment capabilities include consumer
get individual people and meet their specific needs," Singh and business bill pay; external and internal transfers; new
said. "Data-driven solutions like Action Insights are the key account funding; and P2P, B2B, B2C and other related solu-
for adding value to relationships between financial institu- tions to banks and credit unions, she stated.
tions and those they serve."
It’s A Great Time To Fran Duggan, CEO at Payrailz, agreed that Action Insights Today's consumers are becoming comfortable with technol-
ogy enablement, which is creating a "do it for me" culture,
facilitate a smarter digital payments experience. For ex-
Sell Your Portfolio ample, an Action Insights feature called "Lower My Bills," Duggan noted. The Payrailz suite of financial services in-
dustry solutions is built on API-first and cloud-native tech-
powered by a back-end API integration with Billshark, is
nology and designed to be predictive and engaging. We
Transparent
Structures designed to appeal to tech-savvy customers and their "do it help financial institutions meet today's payments expecta-
for me" attitude, she stated.
tions while effectively planning for tomorrow's payments
TouchSuite will pay top dollar for "Select [Lower My Bills] users are made aware they are innovations, she added.
First Data, TSYS, Elavon, and Nuvei overpaying for specific household bills and given the op- Following a successful pilot program, Bill Schirmer, presi-
merchant processing portfolios with a tion to let the system lower their bills if they choose to— dent and CEO of Evansville, Ind.-based Teachers Federal
high certainty of closing Fast from there, the system does it for them," Duggan said, add- Credit Union, deployed Lower My Bills to its members in
Closing ing that Action Insights are a game-changer that can help December 2020. "Making our members' lives simpler is a
financial institutions leverage the power of AI. huge competitive advantage for us; however, allowing
For a complimentary valuation, please them to save money every month is even better," Schirmer
call our dedicated team or email us at Payrailz described the technology suite's billing solutions said. "After what has been a challenging year economically,
as follows:
acquisitions@touchsuite.com we are thrilled to put solutions in place that help ease the
• Business Smart Pay: This next-generation solution financial burden for our members."
combines electronic bill and invoice presentment and
payment within a business bill pay solution. It also
(844) 453-8422 includes the ability to interact conversationally with
digital assistants and messaging bots. The company's
touchsuite.com Transaction Do It For Me AI-driven capabilities can help business Company: Payrailz
Expertise owners improve cash flow and deliver insights relat- Product: Action Insights
ed to invoices and payment accounts. Website: www.payrailz.com

• Business Bill Pay: This commercial-grade solution is Contact: info@payrailz.com
designed to help business spend less time on financ-
es and more time on high-value business activities.
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