Since the beginning of 2009, J.P. Morgan Treasury Services in Asia Pacific estimates that it has saved 200 trees by reducing the volume of paper documents printed and by encouraging its clients to use e-statements instead of print statements, with 60% of its client base already converted.
J.P. Morgan's Treasury Services business today announced that it is helping its clients to enhance European receivables management by introducing SEPA Direct Debit (SDD) services on November 2nd, 2009, the inaugural day of the latest SEPA scheme.
As part of its continued investment in its global Treasury Services business, J.P. Morgan has introduced several new commercial card product offerings and service enhancements in the region, while a number of new product offerings are due to launch early next year.
J.P. Morgan today announced that it has continued the expansion of its Treasury Services offerings in Asia Pacific by launching its liquidity management services and enhanced domestic cash management capabilities in South Korea.
J.P. Morgan today announced the launch of its Escrow Services in India. Through the launch of these services, J.P. Morgan will be able to provide an important complement to the cash management and trade finance products already offered today in this key market.
By offering its Positive Pay clients this protection at all Wal-Mart locations in 46 states, J.P. Morgan has significantly expanded its non-bank branch check cashing footprint while maintaining security for its clients.
On Monday, April 27, 2009 J.P. Morgan announced the sale of its national retail lockbox business to Regulus, a division of 3i Infotech Ltd. J.P. Morgan was one of the last large bank providers to own and operate a national retail lockbox network.
During the past twelve months, J.P. Morgan's Global Trade Services business unit has won a total of 15 awards for leadership on several fronts, including overall trade banking excellence, the management of complex trade finance transactions, and continuing innovation.
The U.S. Department of the Treasury's Financial Management Service (FMS) has renewed its designation of J.P. Morgan as its financial agent to support FMS's U.S. Debit Card program, which provides prepaid debit card services to federal agencies.
J.P. Morgan's Treasury Services business, a full-service provider of cash management, trade finance and treasury solutions, today announced expansion of its foreign exchange services to support execution of payments in more than 140 currencies.
J.P. Morgan’s Treasury Services business, a full-service provider of cash management, trade finance and treasury solutions, announced today that it has expanded its integrated receivables capabilities for both paper and electronic transactions across Canada, providing a one-stop process for U.S. and Canadian account holders.
According to a new report by J.P. Morgan, the time has come for the federal government to support and invest in replacing paper-based Women, Infants and Children (WIC) benefits with more effective benefits distribution via electronic benefit transfer (EBT) cards.
J.P. Morgan’s Treasury Services business, a full-service provider of cash management, trade finance and treasury solutions, today announced it has made important enhancements to its online payables solution, Payables Web Services.
National Auto Care Corp. (NAC), an Ohio-based vehicle service agreement provider, has significantly improved its claims processing operations in less than a month by using J.P. Morgan’s Single-Use Accounts technology to help manage one-time electronic payments for automotive repair orders.
As companies look to maximise efficiencies as the economy slows, J.P. Morgan’s Treasury Services business is helping its clients improve visibility on their expenses with commercial cards. J.P. Morgan clients are offered card programs in over 45 counties worldwide.
J.P. Morgan announced today that it has signed a USD400 million financing facility with Reliance Industries Ltd (‘RIL’) to support the company’s various investment projects in India. J.P. Morgan is the Arranger, Lender and Facility Agent for this transaction.
J.P Morgan today announced the enhancement of its cash management and trade finance solutions in India. J.P. Morgan’s Treasury Services division provides cash management, trade finance, and foreign currency clearing account services to some of the largest India-based firms within the financial services, manufacturing, IT, infrastructure, chemicals, aviation and retail industries.
Based upon transaction data derived from the J.P. Morgan Business Settlement Network (JBSN) through September 2008, many of J.P. Morgan's Order-to-Pay clients are realizing unprecedented savings by taking advantage of early payment discounts, and most have improved working capital by extending Days Payable Outstanding (DPO).
The new centers enable J.P. Morgan to provide its financial institution clients with the ability to clear their U.S. dollar cash letters in more locations, reducing check transportation costs and risks, all without changing their cash letter operations.
Brooklyn and Chicago recently used J.P. Morgan prepaid debit cards in successful campaigns to take firearms off the streets. The gun buy back programs were sponsored by local law enforcement officials who offered citizens prepaid debit cards for working guns, no questions asked. More than 7,500 firearms were collected at community churches and other turn-in sites in the two cities.
J.P. Morgan announced today that it has renewed its contract with the State of Arizona for the distribution of benefit payments to the more than 250,000 households currently participating in programs like food stamps and cash assistance. Utilizing J.P. Morgan’s electronic banking transfer services (EBT), program participants are able to access their benefits through convenient, easy-to-use debit cards.
J.P. Morgan announced today that it has renewed its contract with the State of Alaska for the distribution of benefit payments to the more than 23,000 households currently receiving funds for food and cash assistance. Utilizing JPMorgan’s electronic services, the state will continue to supply families with convenient, easy-to-use debit cards to access their funds.
JPMorgan announced today that it has renewed its contract with the State of Colorado for the distribution of benefit payments to the more than 127,000 households currently receiving funds for food assistance, child support and other state-funded programs. Utilizing JPMorgan's electronic services, the state will continue to supply families with convenient, easy-to-use debit cards to access their funds.
Eduardo Vergara has joined JPMorgan Treasury Services as Global Commercial Card Executive, responsible for the day-to-day management of JPMorgan’s global commercial card business and for setting and implementing the global strategic direction for JPMorgan’s commercial card products.
Remo Vignali, an executive with over 20 years of experience in the banking industry, has recently joined JPMorgan Treasury Services as Managing Director, Head of Sales for the local Corporate in Asia Pacific. Vignali will be based in Hong Kong.
Leading Organizations Share Best Practices Addressing Out-of-Policy Spending, Fraud Detection and Card Misuse; Top Ten Tips Offered by Chevron, ConocoPhillips, International Paper, Monsanto, Sears Holdings Corporation, ServiceMaster, Starbucks
The U.S. Department of the Commerce (DOC) has selected JPMorgan as its provider for charge card services, the firm announced today. The task order award is part of the U.S. General Services Administration’s (GSA) SmartPay® 2 program, the largest government charge card program in the world.
JPMorgan and global transportation management company Trax Technologies, Inc. today announced that they have formed an alliance to jointly offer a suite of logistics and financial services that includes supply chain financing solutions for Trax's highly integrated customer base of freight carriers and shippers. With financing provided in addition to outsourced freight services that automate and manage a carrier's billing process, the combined Trax offering enables carriers and their customers to further optimize their working capital and cash flow.
JPMorgan, a full-service provider of cash management, trade finance, and treasury solutions, today announced that it will make a $30 million technology investment to implement a centralized operating platform supporting expansion of the bank's global treasury management and liquidity services businesses.
JPMorgan announced today an agreement with Thailand's Kasikorn Bank ("KBank") to enter into joint collaboration to offer trade finance, supply chain management tools and its intention to provide supply chain logistics capabilities to enable clients to expand their business by leveraging KBank and JPMorgan's network.
The National Aeronautics and Space Administration (NASA) has selected JPMorgan Chase as its provider for purchase, travel and fleet charge card services, the firm announced today. The contract award is part of the U.S. General Services Administration’s (GSA) SmartPay®2 program, the largest government charge card program in the world.
JPMorgan today announced its new Corporate Platinum and Gold Card offering, the world's most widely accepted travel and entertainment cards designed to enable business executives to maximize their productivity when traveling.
JPMorgan today announced its new Freight Payment and Audit Solution, an electronic payment and transportation management service that helps importers and exporters achieve lower freight costs, greater control of global transport operations, and more actionable insight into supply chain sourcing and shipping decisions.
J.P. Morgan has enhanced its DocManager Solutions hosted suite of services with the addition of Document ManageSM, a tool that enables DocManager Solutions users to archive, retrieve and route any paper document through a secure, Internet-based network. With this enhancement, JPMorgan becomes the first bank to provide a true end-to-end enterprise document management solution.
JPMorgan announced that it will help strengthen cash management processes for Robinsons Land Corporation ("RLC"), one of the largest property developers in the Philippines. The initial roll-out covers the opening of operating accounts with JPMorgan New York and JPMorgan Toronto, Automated Clearing House Services as well as Lockbox Services in the US and Canada.
The U.S. Department of Transportation (DOT) has selected JPMorgan Chase as its provider for travel charge card services, the firm announced today. The contract award is part of the U.S. General Services Administration's (GSA) SmartPay®2 program, the largest government charge card program in the world.
The U.S. Department of the Interior (DOI) has selected JPMorgan Chase as its provider for integrated charge card services, the firm announced today. The contract award is part of the U.S. General Services Administration's (GSA) SmartPay®2 program, the largest government charge card program in the world.
JPMorgan announced that it has enhanced its Web-based accounts receivable management application, Receivables EdgeSM, automatically matching open invoice records to bank captured payments and remittance detail, including checks, ACH and wire transfers. JPMorgan becomes the first bank to offer a fully integrated online Web presentment solution featuring invoice matching with same-day exception repair.
JPMorgan Xign announced that four new customers will be using its Order-to-Pay solution. Key Energy Services, Qwest Communications, Tiffany & Co. and Verizon Communications are among the companies that have signed on since JPMorgan Chase's acquisition of Xign Corporation in May, 2007.
JPMorgan Treasury Services, the second largest euro clearer*, today announced the next phase of its Euro Payments Strategy. To complement the migration to TARGET2, which will launch industry-wide next month, JPMorgan is now introducing a new range of product features for its clients.
Travel and entertainment (T&E) is the second-largest business expense in most organizations - and costs continue to grow. JPMorgan Chase surveyed dozens of its corporate customers to gather some of the industry's Best Practices for leveraging travel and entertainment (T&E) card programs.
The Healthcare Solutions business of JPMorgan Chase (NYSE: JPM) and RelayHealth, the connectivity services company of McKesson Corporation (NYSE: MCK), announced that they have formed a strategic relationship to offer an integrated set of claim and payment processing solutions.
JPMorgan Chase today announced it is the first financial services company to receive accreditation by the Electronic Healthcare Network Accreditation Commission (EHNAC) for its Healthcare Link business, reinforcing its position as a premier provider of automated claims payment processing solutions to the healthcare industry.
JPMorgan Chase, a full-service provider of cash management, trade finance, and treasury solutions, today announced it has been ranked as the number-one financial institution in total automated clearing house (ACH) network transactions originated for 2006 by NACHA - The Electronic Payments Association.
JPMorgan Chase today issued a report titled Purchasing Card Best Practices for University Procurement in which some of the nation's leading educational institutions share cost- and time-saving steps that they have taken to strengthen their procure-to-pay processes.
JPMorgan Chase Treasury Services Global Trade Services unit today announced that it has won a total of eight award citations for structured finance solutions arranged in 2006 for the Aban Group, an Indian offshore oil and gas drilling company, and Bank Petrocommerce, a Russian bank working with the Uzbek government.
JPMorgan Chase Vastera, the global supply chain and trade logistics unit of JPMorgan Chase, announces the launch of its new Border Logistics Management solution, a comprehensive outsourced customs warehousing service designed to bring greater visibility and efficiency to companies moving goods between the United States and Mexico.
Drexel University, one of the United States' largest private institutions of higher learning, has seen significant cash management benefits as a result of using the JPMorgan Chase Purchasing Card to gain control over purchases and streamline its entire procurement process.
NEW YORK, January 18, 2007 — JPMorgan Chase & Co. (NYSE: JPM), a full-service provider of cash management, trade finance, and treasury solutions, today announced it has acquired all of the assets of FisaCure, Inc., the leading provider of electronic remittance services for Healthcare Insurance Portability and Accountability Act of 1996 (HIPAA) compliant transaction sets. The acquired FisaCure technology will become part of the Healthcare Solutions business of JPMorgan Chase's Treasury Services unit.
London, December 18, 2006 — JPMorgan Treasury Services today announced that it has successfully completed testing of SWIFT's SCORE service, which gives corporates access to SWIFT's SWIFTNet messaging system, with two clients, Microsoft and GE.
London, December 18, 2006 — JPMorgan Treasury Services today announced that it has successfully completed testing of SWIFT's SCORE service, which gives corporates access to SWIFT's SWIFTNet messaging system, with two clients, Microsoft and GE.
JPMorgan Chase Vastera, the leading provider of Global Trade Management (GTM) solutions, today announced the availability of the latest version of its risk management solution, TradeSphere Restricted Party Screening 3.0.
New York, NY, November 15, 2006 -- The Methodist Hospital System, one of the nation?s largest private, non-profit general hospital groups, has seen significant cash management benefits as a result of offering the Chase Payroll Card to its more than 10,000 employees. Currently utilized by approximately 1,000 under-banked employees, Chase?s Payroll Card program has helped enable the four hospitals in its network to increase its direct deposit adoption rate to 99% and reduce the costs associated with processing paper checks.
A new podcast outlines some of the innovative methods used by small businesses to operate more efficiently and improve cash flow. This podcast is delivered by Marcus von Kapff, JPMorgan Chase Senior Vice President and head of treasury sales for the Small Business Segment.
Dulles, VA, September 12, 2006 - JPMorgan Chase Vastera, a leading provider of global trade management solutions, is warning importers and exporters to prepare now for mandatory tariff code changes that go into effect January 1, 2007.
JPMorgan Chase Vastera, a leading provider of global trade management solutions, today announced that Delta Faucet Company, the largest U.S. manufacturer of residential and commercial faucets, has outsourced to JPMorgan Chase Vastera a portion of its global trade operations. Delta Faucet has hired JPMorgan Chase Vastera for the ongoing management of its NAFTA duty minimization and Harmonized Trade Schedule (HTS) classification programs.
AJC International, one of the largest global food organizations, is enlisting JPMorgan Chase Vastera?s new Restricted Party Screening (RPS) and Resolution Services solution to help improve trade compliance, eliminate staff research time, and keep its complex global supply chain in motion. As government laws prohibit the exchange of goods or services with certain parties or entities that have been deemed irresponsible traders or a threat to national security, AJC has engaged JPMorgan Chase Vastera?s trade expertise and technology to review its customers? and suppliers? names and addresses against 50+ continuously changing international lists of denied parties and determine which, if any, are restricted or blacklisted.
JPMorgan Chase, a full-service provider of cash management, trade finance, and treasury solutions, today announced that it has been selected by the New York State Department of Labor (DOL) to provide a range of banking services that will help speed payment of unemployment insurance benefits.
JPMorgan Chase, a full-service provider of cash management, trade finance, and treasury solutions, today announced the launch of Healthcare LinkSM, a comprehensive solution for healthcare claims processing that enables providers to automate claims reimbursement and reduce administrative costs.
JPMorgan Chase Treasury & Securities Services, a global leader in cash management and treasury services, today announced the launch of the podcast: "Trends in International Banking: Developing Your Business in the Asia-Pacific Region" which is available on the bank's Web site.
Alliance will expedite industry migration to image processing and will further drive the industry toward greater adoption of image technologies resulting in improved efficiencies for all parties.
JPMorgan Chase has again been ranked as the number-one financial institution in total automated clearing house (ACH) network payments for 2005 by NACHA — The Electronic Payments Association. JPMorgan Chase has ranked first in ACH originations since the inception of the network 31 years ago, and saw its ACH transactions grow to more than 2.7 billion in 2005.
JPMorgan Chase, a leading provider of cash management, trade finance and treasury solutions, today announced the launch of ExacTracSM, a new secure, streamlined electronic payment solution for mid-size and large corporations and government agencies.
JPMorgan Chase (NYSE: JPM) today announced an agreement to acquire The Bank of New York Company's (NYSE: BK) consumer, small-business and middle-market banking businesses in exchange for JPMorgan Chase's corporate trust business plus a cash payment of $150 million.
JPMorgan Chase, a full-service provider of cash management, trade finance, and treasury solutions, today introduced a new image check processing system that enables financial institutions and corporations to image paper items and transmit them electronically for clearing.
JPMorgan Chase Bank, a leading global provider of trade solutions, announced that it is the first U.S. bank to arrange working capital finance under the Fast Track Lender Program of the U.S. Export-Import Bank. The new program helps banks expedite loans to U.S.-based companies that produce goods or services for export.
JPMorgan Chase, a full-service provider of cash management, trade finance and treasury solutions, today announced the rollout of pre-paid debit cards to speed payment of tax refunds to low-income tax filers without bank accounts.
Rabobank has selected JPMorgan Chase as its global clearing services provider for U.S. dollar cash and securities transactions. Concentrating its U.S. dollar requirements with JPMorgan Chase will provide Rabobank with a strategic operational platform for enhanced liquidity management and growth in transaction volume.
JPMorgan Chase has deployed an innovative digital signing solution for its Internet cash management portal. JPMorgan ACCESSSM becomes the first cash portal in the industry to introduce patent-pending technology that allows the use of RSA SecurID tokens for a level of security on transactions previously only available through digital certificates.
JPMorgan Chase unveiled its new Image Deposit Direct solution for electronically depositing payments. Image Deposit Direct utilizes image capture technology to streamline the check deposit process, which makes check processing more cost-effective, speeds up unpaid item returns, and accelerates funds availability.
JPMorgan Chase, has launched Receivables EdgeSM, its single sign-on Web-browser that enables secure access to consolidated payment and remittance information from any of JPMorgan Chase's 15 image-based processing locations, as well as the bank's ACH, Wire Transfer and Financial EDI electronic payment platforms.
Motorola, a Fortune 100 global communications company, is live with JPMorgan Chase for international third party payments processing. Delivered in just eight months, the tailored solution leverages JPMorgan Chase's PaySource technology to manage the global processing of all Motorola global payment activity originating outside of the U.S. The consolidation of this activity through PaySource, an automated disbursement solution, delivers cost savings and provides increased efficiency and transparency for Motorola.
ADM Derivatives, Inc. has selected JPMorgan Chase to consolidate back office multicurrency clearing activities. ADM Derivatives has been newly launched to offer foreign exchange (FX) services to ADM Investor Services’ institutional and retail clients and JPMorgan Chase will provide the new entity with a scaleable solution comprised of Continuous Linked Settlement (CLS) Third Party Services and a suite of multicurrency accounts. ADM Derivatives will benefit from improved liquidity management and investment opportunities, centralized reporting and a single pricing model for all currencies.
JPMorgan Chase has rolled out an important new enhancement to its eServe Global Client Care platform. eServe for Secure Collections offers JPMorgan Chase Deposit Services clients real-time, online access to view check images and the status of collections items, providing greater efficiency and convenience.
JPMorgan Chase Treasury Services has launched a new private-labelled payment integration product, Financial Services Integration (FSI). FSI enables regional banks to integrate their payment systems more effectively with their corporate customers' Enterprise Resource Planning (ERP) systems, resulting in more efficient processing, reduced risk of errors and higher levels of Straight Through Processing (STP).
EADS, a global leader in aerospace, defence and related services, is now live with JPMorgan Chase for a Member Administrated Closed User Group (MA-CUG), the SWIFT infrastructure that enables corporate access to its secure IP Network, SWIFTNet. Access to SWIFTNet will mean improved message standardisation, security and straight-through processing for EADS. The benefits of SWIFTNet were, until recently, only realised by SWIFT member financial institutions.
JPMorgan Chase is now among the first banks to join the International Finance Corporation's Global Trade Finance Program. Through the program, IFC provides guarantee coverage of bank risk in emerging markets, allowing recipients to expand their trade finance transactions within an extensive network of countries and banks.
Global financial institutions will be able to benefit from JPMorgan Chase's suite of innovative imaging applications, which include International Image Deposit Capture, Image Deposit Direct and Image Cash Letter. Electronic files with check images will replace the physical transportation of paper checks, saving time, reducing costs and streamlining the receivables process.
Pharmaceuticals and related health care products company Bristol-Myers Squibb has consolidated its global Internet-based accounts payables processing onto the JPMorgan Chase Order-to-Pay Service, powered by Xign. With this solution, Bristol-Myers Squibb automates electronic purchase order delivery, invoicing, and payments across more than 6,000 global suppliers.
JPMorgan's ACH Distributed Payment Capture service provides clients with an integrated capture system to electronify all check payments received at their business locations, allowing them to streamline receivables processes, reduce deposit, sweep and wire fees, and accelerate funds availability.
JPMorgan Treasury Services has announced the addition of John Hopper, Mark Ridley and Roddy Thomson to its financial institutions sales and relationship management team in the Europe, Middle East and Africa (EMEA) region.
JPMorgan Treasury Services has announced the launch of an automated intraday investment sweeping service. The service moves surplus liquidity from notional cash pools to an investment vehicle such as a money market fund (MMF), enabling corporates to benefit from higher yield without the need to actively manage the pool.
Many state and local governments currently accept payments via automatic bank debit, the Internet, and the telephone. This is according to a new survey by the Government Finance Officers Association (GFOA)and JPMorgan Chase. While nearly all governments accept payments via the mail or in-person, over 50% accept automatic bank debits and over one-third take payments through the Internet and telephone.
JPMorgan Treasury Services, a unit of JPMorgan Chase and a leader in global payments, trade finance and treasury management, today announced that MetLife, Inc., a leading provider of insurance and other financial services, has selected the JPMorgan Order-To-Pay Service, powered by Xign, to streamline its procure-to-pay cycle, lower operating costs and strengthen supplier relationships.
JPMorgan Treasury Services, a unit of JPMorgan Chase and a leader in global payments, trade finance and treasury management, today announced that MetLife, Inc., a leading provider of insurance and other financial services, has selected the JPMorgan Order-To-Pay Service, powered by Xign, to streamline its procure-to-pay cycle, lower operating costs and strengthen supplier relationships.
JPMorgan Treasury Services, a unit of JPMorgan Chase and a leader in global payments, trade finance and treasury management, today announced that MetLife, Inc., a leading provider of insurance and other financial services, has selected the JPMorgan Order-To-Pay Service, powered by Xign, to streamline its procure-to-pay cycle, lower operating costs and strengthen supplier relationships.
JPMorgan Treasury Services, a unit of JPMorgan Chase and a leader in global payments, trade finance and treasury management, today announced that MetLife, Inc., a leading provider of insurance and other financial services, has selected the JPMorgan Order-To-Pay Service, powered by Xign, to streamline its procure-to-pay cycle, lower operating costs and strengthen supplier relationships.
– Consumers will be able to enjoy more options and flexibility to pay for health care expenses, gain more control over their health care dollars, reap tax benefits and plan for retirement as a result of Anthem Blue Cross and Blue Shield’s (Anthem) introduction of its Health Savings Account
– Consumers will be able to enjoy more options and flexibility to pay for health care expenses, gain more control over their health care dollars, reap tax benefits and plan for retirement as a result of Anthem Blue Cross and Blue Shield’s (Anthem) introduction of its Health Savings Account
– Consumers will be able to enjoy more options and flexibility to pay for health care expenses, gain more control over their health care dollars, reap tax benefits and plan for retirement as a result of Anthem Blue Cross and Blue Shield’s (Anthem) introduction of its Health Savings Account
– Consumers will be able to enjoy more options and flexibility to pay for health care expenses, gain more control over their health care dollars, reap tax benefits and plan for retirement as a result of Anthem Blue Cross and Blue Shield’s (Anthem) introduction of its Health Savings Account
– Consumers will be able to enjoy more options and flexibility to pay for health care expenses, gain more control over their health care dollars, reap tax benefits and plan for retirement as a result of Anthem Blue Cross and Blue Shield’s (Anthem) introduction of its Health Savings Account
– Consumers will be able to enjoy more options and flexibility to pay for health care expenses, gain more control over their health care dollars, reap tax benefits and plan for retirement as a result of Anthem Blue Cross and Blue Shield’s (Anthem) introduction of its Health Savings Account
– Consumers will be able to enjoy more options and flexibility to pay for health care expenses, gain more control over their health care dollars, reap tax benefits and plan for retirement as a result of Anthem Blue Cross and Blue Shield’s (Anthem) introduction of its Health Savings Account
– Consumers will be able to enjoy more options and flexibility to pay for health care expenses, gain more control over their health care dollars, reap tax benefits and plan for retirement as a result of Anthem Blue Cross and Blue Shield’s (Anthem) introduction of its Health Savings Account
– Consumers will be able to enjoy more options and flexibility to pay for health care expenses, gain more control over their health care dollars, reap tax benefits and plan for retirement as a result of Anthem Blue Cross and Blue Shield’s (Anthem) introduction of its Health Savings Account
– Consumers will be able to enjoy more options and flexibility to pay for health care expenses, gain more control over their health care dollars, reap tax benefits and plan for retirement as a result of Anthem Blue Cross and Blue Shield’s (Anthem) introduction of its Health Savings Account
– Consumers will be able to enjoy more options and flexibility to pay for health care expenses, gain more control over their health care dollars, reap tax benefits and plan for retirement as a result of Anthem Blue Cross and Blue Shield’s (Anthem) introduction of its Health Savings Account
– Consumers will be able to enjoy more options and flexibility to pay for health care expenses, gain more control over their health care dollars, reap tax benefits and plan for retirement as a result of Anthem Blue Cross and Blue Shield’s (Anthem) introduction of its Health Savings Account