List of Exela XBP (Biller and Payer) Exchange Customers
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Since 2010, our global team of researchers has been studying Exela XBP (Biller and Payer) Exchange customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased Exela XBP (Biller and Payer) Exchange for Payment Processing from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using Exela XBP (Biller and Payer) Exchange for Payment Processing include: Austrian Federal Railways, a Austria based Transportation organisation with 45041 employees and revenues of $5.52 billion, ClearBank, a United Kingdom based Banking and Financial Services organisation with 600 employees and revenues of $143.0 million and many others.
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight | Insight Source |
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Austrian Federal Railways | Transportation | 45041 | $5.5B | Austria | Exela Technologies | Exela XBP (Biller and Payer) Exchange | Payment Processing | 2022 | n/a | In 2022, Austrian Federal Railways contracted Exela Technologies under a five year agreement valued at approximately $2.5 million to deploy Exela XBP (Biller and Payer) Exchange as a Payment Processing solution. The contract positions Exela XBP (Biller and Payer) Exchange within Exela's ITPS accounting segment for enterprise bills and payments orchestration. The implementation centers on the Bills and Payments capabilities of Exela XBP (Biller and Payer) Exchange, including automated invoice capture and multi language invoice deciphering across more than 13 languages. The platform will employ artificial intelligence to optimize and forecast payment solutions, combining invoice interpretation, rules based payment processing, and forecasting workflows typical of a Payment Processing application. Deployment uses Exela’s cloud enabled, configurable stack of automation modules to bridge new payment automation with ÖBB’s existing complex accounting platforms, the announcement states. Integrations are described as compatibility with complex legacy accounting platforms, enabling data flows from invoice intake into accounts payable and treasury processing within the ÖBB Group’s finance organization. Governance and operational scope are defined by the five year engagement, with delivery framed as an end to end bills and payments program for Austrian Federal Railways finance and accounting functions. Exela characterized the work as helping manage ÖBB’s bills and payments pain points, highlighting language processing and AI driven payment optimization as core capabilities for the Payment Processing deployment. | |
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ClearBank | Banking and Financial Services | 600 | $143M | United Kingdom | Exela Technologies | Exela XBP (Biller and Payer) Exchange | Payment Processing | 2022 | n/a | In 2022, ClearBank implemented Exela XBP (Biller and Payer) Exchange to enable connectivity to Pay.UK's Image Clearing System and to add an enhanced cheque processing capability to its product set. The deployment aligns with ClearBank's API enabled, cloud based clearing offering, and is positioned to extend agency banking services to multiple banks and financial institutions through ClearBank's regulated clearing infrastructure. Exela XBP (Biller and Payer) Exchange was provisioned as a Payment Processing platform including biller and payer exchange capabilities, workflow orchestration, and case management components delivered by Exela as processing services. The implementation leverages Exela's in house XBP platform architecture, integrating workflow and case management to provide a holistic clearing service that supports interbank image clearing and cheque lifecycle processing. Operational integrations explicitly include connectivity to Pay.UK's interbank Image Clearing System, enabling ClearBank to route image based cheque transactions into national clearing rails, and to present cheque processing as an agency banking service to partner institutions. The scope of the implementation is focused on banking and financial institution clients of ClearBank in the United Kingdom, using ClearBank's real time clearing and payments rails alongside Exela's processing. Governance reflects ClearBank's status as an authorized bank, regulated by the Prudential Regulation Authority and the Financial Conduct Authority, with the implementation supporting regulated banking infrastructure and API based partner integrations. Exela XBP is identified in Exela's disclosures as the largest revenue generator in the ITPS line of business, and the engagement centers on extending ClearBank's product offering with a cheque processing solution enabled through Exela's Payment Processing platform. |
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