UCLA is working with two electronic payment networks, Paymode-X (through BNY-Mellon and Bottomline Technologies) and Payment Plus (through US Bank), to enhance our payment processes and provide more efficient and secure methods to pay our suppliers. With an increase in EFT fraud attempts in recent years targeting Higher Education, UCLA is working to protect the University and suppliers from the risk of electronic fraud.
Paymode-X and Payment Plus will reach out to suppliers in the UCLA network and will help them transition from paper checks and internal UCLA EFT payments to external electronic payments, increasing payment efficiencies while reducing the risk of electronic funds transfer fraud.
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