Alaska’s Largest City Selects Tyler Technologies to Modernize Resident Payment Experience
Alaska’s Largest City Selects Tyler Technologies to Modernize Resident Payment Experience
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enterprise paymentstechnical
Enterprise payments are the systems and services businesses use to send, receive and manage large-scale transactions—think payroll, vendor bills, customer invoices and bulk transfers—often across multiple countries and currencies. Investors watch this because these payment flows generate predictable revenue, reveal how sticky a product is (like a business choosing to keep its payroll service), affect cash flow and fees, and can create network effects that help a company scale or fend off competitors.
cloud-based platformtechnical
A cloud-based platform is a service that delivers software and data storage over the internet, allowing users to access and use applications from any device with an internet connection. It works like a virtual workspace hosted online, eliminating the need for physical servers or software installed on individual computers. For investors, it often indicates a company's reliance on modern, scalable technology that can reduce costs and improve flexibility.
point-of-saletechnical
The point-of-sale is the place and moment where a customer completes a purchase — think of the checkout counter, card reader, or online checkout page. It includes the hardware and software that record the sale, accept payment, and update inventory and sales records. Investors care because POS systems drive revenue collection, customer data, and operational efficiency; outages, fees, or weak data from POS can directly affect sales, margins and forecasts.
real-time account updatestechnical
Information about your investment account — such as cash and securities balances, open orders, executed trades and available buying power — that is updated and shown to you immediately as changes occur. Like a live scoreboard or GPS for your money, these instantaneous updates help investors spot market moves, confirm that trades went through, manage risk and cash needs, and make faster, better-informed decisions.
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The S&P 500 is a broad stock market index that tracks the performance of 500 large U.S. companies, weighted so bigger firms have a larger impact. Investors use it like a thermometer or benchmark to judge how the overall U.S. stock market or a portfolio is doing; movements in the index influence investor sentiment, fund performance, and many passive investment products that aim to match its returns.
Municipality of Anchorage will deliver seamless, secure payment services to nearly 300,000 residents
PLANO, Texas--(BUSINESS WIRE)--
Tyler Technologies, Inc (NYSE: TYL) today announced the Municipality of Anchorage, Alaska, has selected Tyler’s enterprise Payments platform to streamline and manage the entire payments life cycle, from billing to presentment, revenue collection, fund settlement, financial reconciliation, and reporting.
The cloud-based platform will enable Anchorage to centralize revenue collection operations, improve financial visibility, and deliver a modern, user-friendly payment experience for residents and businesses.
“We are committed to enhancing the way residents interact with our services while improving efficiency across the municipality,” said Lance Wilbur, chief fiscal officer, Municipality of Anchorage. “Expanding our relationship with Tyler to include enterprise Payments allows us to offer a more convenient, accessible, and seamless payment experience for our community.”
With Tyler’s Payments solution, Anchorage will provide residents with flexible, secure payment options, self-service capabilities, and real-time account updates, while equipping staff with tools to increase accuracy, transparency, and operational efficiency.
Key benefits of the solution include:
Multiple convenient payment channels, including online, mobile, and in-person
Real-time payment processing and resident account updates
Enhanced security and compliance through a trusted, scalable platform
Streamlined financial reconciliation and comprehensive reporting capabilities
Anchorage currently uses Tyler’s Enterprise Assessment & Tax, Property Access, and SmartFile solutions. Officially incorporated in 1920, the Municipality of Anchorage is Alaska’s largest city and home to nearly 40% of the state’s population. The municipality remains focused on modernizing operations and delivering high-quality services to its diverse community.
“After successfully using Tyler’s products for more than eight years, expanding Anchorage’s use of Tyler solutions enhances how residents interact with government,” said Ryan O’Connor, chief transactions officer. “By implementing enterprise Payments, Anchorage will gain greater control and visibility over its revenue processes while delivering a modern, frictionless payment experience for its residents.”
About Tyler Technologies, Inc.
Tyler Technologies (NYSE: TYL) is a leading provider of technology solutions purpose-built exclusively for the public sector. Tyler’s end-to-end solutions empower local, state, and federal government entities to operate efficiently and transparently with residents and each other. By connecting data and processes across disparate systems, Tyler’s solutions strengthen the core operations of government and help agencies turn insight into action for their communities. With nearly 47,000 successful installations across 15,000 locations, Tyler serves clients in all 50 states, Canada, the Caribbean, Australia, and other international locations. Tyler has been recognized numerous times for growth and innovation, including on Government Technology’s GovTech 100 list. More information about Tyler Technologies, an S&P 500 company headquartered in Plano, Texas, can be found at tylertech.com.
