OneShield Incorporates BNY Mellon Payment Services into Dragon Billing

Marlborough, Mass.-based OneShield has added a suite of e-payment solutions from New York's BNY Mellon into its Dragon Billing software.

Dragon, which facilitaties automated commissions, exception handling, promise and delinquency processing, carry forwards, write-offs and refunds, will now include BNY Mellon capabilities such as electronic payments, automated clearing house (ACH) payment processing, disbursements, and lockbox services.

"Our alliance with BNY Mellon significantly enhances the billing and accounts receivable capabilities previously available on our Dragon platform," says Steve Forte, director of global product management and alliances, OneShield, in a statement. "Because of Dragon's component-based architecture, we're able to provide BNY Mellon's advanced electronic bill payment processing capabilities in a seamless manner. Our alliance with BNY Mellon is leveraging a key feature of our technology to give our clients fully integrated access to a robust array of bill payment processing solutions."

Susan Skerritt, EVP and head of global product management and strategic development for BNY Mellon's Treasury Services group, said that for her company the alliance represents "an important step forward in our strategic development of solutions for insurance industry clients."

Nathan Golia is senior editor of Insurance & Technology. He joined the publication in 2010 as associate editor and covers all aspects of the nexus between insurance and information technology, including mobility, distribution, core systems, customer interaction, and risk ... View Full Bio