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JP Morgan Beefs Up Payable Web Services System

Two enhancements aim to help prevent fraud and ease reporting and reconciliation.

By Dave Lindorff | Updated on February 17, 2009

For companies still bogged down with burdensome paper check operations for their payment systems, JP Morgan’s Treasury Services has added two enhancements to its now 5-year-old Payable Web Services system. Clients can now “manage automated clearing house (ACH) debit and credit transactions and mitigate fraud online,” says Iqbal “Iggy” Khan, executive director for the company’s disbursements business,

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