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TriSense Signs First Customer for Electronic Bill Platform

Five Points Bank Monday became the first financial institution to sign up for a new electronic bill presentment and payment solution offered by TriSense Software Ltd.

Using the utility, Grand Island, Neb.-based Five Points will deliver electronic billing services to multiple local billers, making it possible for bill payers to receive and pay several bills electronically.

Implementation of the pilot program is slated for January 1999.

"We're extremely pleased to differentiate our bank by offering this valuable and highly functional business solution," said Ed O'Boyle, senior vice president of Five Points Bank.

"We were drawn to PaySense by a number of impressive bank-centric benefits that other e-billing systems don't offer, such as the ability to control the service directly and the ease of integration with a wide range of commercial clients."

TriSense Software Ltd. is a Minneapolis-based financial systems software company founded in 1996. It developed the PaySense electronic bill presentment and payment system for financial services and consumer-oriented companies.