skip to main content
Close Icon

In order to deliver a personalized, responsive service and to improve the site, we remember and store information about how you use it. This is done using simple text files called cookies which sit on your computer. By continuing to use this site and access its features, you are consenting to our use of cookies. To find out more about the way Informa uses cookies please go to our Cookie Policy page.

Global Search Configuration

Introduction

This case study shows how Washington, DC-based American University was able to modernize its payments capabilities, not only for collection of tuition fees, but across all campus payments in a short amount of time with minimal impact on students. The university partnered with ACI to deploy its UP Bill Payment Solution to improve payment services, and improve the overall student experience.

Highlights

  • Demands for a greater range of more convenient payment instruments is growing, but for many organizations this is difficult due to the reliance on legacy infrastructure. Modern payment technology platforms are increasingly designed to be implemented relatively easily and to integrate with a broad range of legacy systems. Modernizing payments will undoubtedly take significant work, but this may be easier than many expect.

Features and Benefits

  • Assesses the key drivers that drove a major institution like American University to modernize its payment capabilities, and what the outcomes were of this activity.
  • Discusses how American University was able to overcome its payment challenges, and the role that its payment partner ACI had in meeting its goals.

Key questions answered

  • Why do major organizations, such as universities, want to modernize payments? What are the benefits?
  • Is payments consolidation a feasible goal on campus? What can other universities learn from what others have done?

Table of contents

Summary

  • Catalyst
  • Ovum view
  • Key messages

Recommendations

  • Recommendations for enterprises
  • Recommendations for vendors

Deploying modern payments capabilities to meet student needs and lower costs

  • Setting the business context
  • Bringing the strategy to life

Lessons learned

  • Reassess your payments infrastructure and how it meets your broader organizational goals
  • Centralize payments to improve your organization's day-to-day capabilities
  • Provide guidance to consumers on how new payment services work

Appendix

  • Methodology
  • Further reading
  • Author

Have any questions? Speak to a Specialist

Europe, Middle East & Africa team - +44 (0) 207 017 7700


Asia-Pacific team - +61 (0)3 960 16700

US team - +1 646 957 8878

+44 (0) 207 551 9047 - Operational from 09.00 - 17.00 UK time

You can also contact your named/allocated Client Services Executive using their direct dial.
PR enquiries - Call us at +44 7770704398 or email us at pr@ovum.com

Contact marketing - marketingdepartment@ovum.com

Already an Ovum client? Login to the Knowledge Center now