Deutsche Bank, iPlanet Collaborate on E-Bill System

Deutsche Bank Monday selected iPlanet’s BillerXpert as the foundation for
its second-generation, global B2B electronic bill presentment and payment
(EBPP) service.

The platform will be launched in the U.S.,
Europe and Asia during the second half of this year, said Norbert Wanninger,
head of Deutsche Bank’s global cash management for corporates.

“We have identified that there is a huge potential for an
EBPP solution in the B2B market,” he said. “This billing software
application gives us the flexibility to develop an EBPP solution to the
specific needs of our clients.

“Our new global platform will be a unique offering that will continue to
leverage
db-eTrustCard, the first Identrus-based hardware security solution used in
a live business environment.”

Dubbed db-eBills, the expanded billing system aims to provide such
advantages as customer service and dispute resolution, reduced costs and a
more efficient collections cycle.

“Payers will see a multi-currency, multi-lingual system whose workflow
tools
facilitate easy adaptation to existing business processes and payment
methods appropriate to local business practices,” said Wanninger. “Since
iPlanet’s technology is based on open standards, it is compatible with
billers’ and billing
service providers’ systems.

“Users will also benefit from a global server
network offered by both iPlanet software solutions and Sun Microsystems
hardware, ensuring scalability, reliability, security and constant
availability,” he said. “This will allow Deutsche Bank to deliver
comprehensive online billing services to its clients, enabling them to
deepen relationships with their customers.”

Deutsche Bank’s initiated its db-eBills system last July in Asia. The
system initially
facilitated secured fund transfers and settlement between business partners
over the Internet.

iPlanet, a Sun-Netscape alliance, was established in 1999 by America
Online and Sun Microsystems to provide rapid deployment of e-commerce
solutions.