NEBA Supports Issuing Banks with Newly Upgraded Expense Tracker: a Robust Web-Based Commercial Card Expense Management and

Tools

Expense Tracker Enables Bank Issuers to Better Compete for Credit Card Business of Commercial Customers and Governmental Entities

WAKEFIELD, Mass.--(BUSINESS WIRE)-- NEBA (New England Bankcard Association) today announced it has brought together its expertise and resources to support bank commercial card issuers with the newly upgraded version of Expense Tracker: an advanced, web-based commercial card expense management and reporting tool for use by commercial card issuers. Expense Tracker manages commercial credit card spend by integrating transactions with general ledger software packages, and facilitates reporting of expenditures as well as management, control and analysis of transactions conducted on commercial cards. The application provides a single-source solution, irrespective of card brand. In addition, its ASP (Application Service Provider) approach guarantees rapid implementation and minimizes start-up cost. NEBA provides an exclusive, training video for Expense Tracker clients to provide their customers.

“We are pleased to equip NEBA member banks with a tool that strengthens their commercial card offerings and positions them to better compete for the credit card business of their commercial customers and governmental entities,” said Ted Keith, President and CEO of NEBA. “In line with corporate goals to seek affordable, technology-based solutions, Expense Tracker offers our member banks a robust tool for commercial card customers to manage and report on spend.”

Expense Tracker, NEBA’s web-based commercial card expense management and reporting tool, helps bank issuers compete by providing commercial card customers a tool with account management capabilities and the ability to easily make credit card detail changes.

About NEBA

Headquartered in Wakefield, Massachusetts, and founded in 1969 as one of the twelve original MasterCharge Associations, NEBA provides financial institutions in the U.S. and Caribbean a full range of high-quality credit card issuing and merchant acquiring programs, products, and services, as well as the framework, support, and educational assistance banks need to operate profitable, effective payment card programs that enhance customer satisfaction and loyalty.

NEBA members have access to the best in card solutions including MasterCard and Visa brand cards. NEBA’s unique bundled programs are designed to speed program implementation and minimize the need to allocate bank resources. For more information about NEBA please visit neba.com.